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Technicals for Pidilite Industries Limited
By MusingTheNews
2025-04-25 20:49
Overall Technical outlook
Price Summary
On 2025-04-25, PIDILITIND's stock began at 3065.0, peaked at 3094.8, dipped to 2985.0, and closed up -1.76% at 3011.2, with a volume of 239400 shares. During the 52-week span, the stock hit a high of 3363.45 and a low of 2657.9. 18 analysts predict that the future price of PIDILITIND will be in the range of 2600.0 to 3660.0, with a mean expected price of about 3158.2778.
Technicals
Support and Resistance: The current price of 3011.2 is supported at 2988.55, with resistance at 3104.55. This suggests that the price for PIDILITIND might remain between these levels, where 2988.55 acts as a floor and 3104.55 as a ceiling in the market. Support/Resistance for PIDILITIND
Aroon: The bullish trend in Aroon remains, with Aroon Up consistently at the 100 level. This points to sustained upward momentum, but the trend should be explored further alongside other indicators to better understand its implications. Aroon chart for Pidilite Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for PIDILITIND. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Pidilite Industries Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Pidilite Industries Limited
Stochastic: The K-line for PIDILITIND has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Pidilite Industries Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Pidilite Industries Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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