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Technicals for Pidilite Industries Limited
By MusingTheNews
2025-06-13 20:50
Overall Technical outlook
Price Summary
2025-06-13, saw PIDILITIND's stock open at 2980.0, hit a peak of 3019.3, fall to a low of 2880.0, and close up 1.09% at 3012.5, with 383469 shares changing hands. Throughout the 52-week period, the stock hit a high of 3363.45 and a low of 2657.9. Analysts predict that the future price will fluctuate between 2600.0 and 3660.0, with the mean expected price being approximately 3158.2778.
Technicals
Support and Resistance: The price currently sits at 3012.5, finding support at 2980.0 and resistance at 3045.2. These levels define a range for Pidilite Industries Limited where the price may move, with 2980.0 offering a base and 3045.2 limiting upward momentum. Support/Resistance for PIDILITIND
Aroon: The AROON indicator reflects a strong bearish trend for PIDILITIND, with Aroon Down moving higher and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum. The steady low reading of the Aroon Oscillator suggests that the price may face further declines. Aroon chart for Pidilite Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for PIDILITIND, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Pidilite Industries Limited
Parabolic SAR: The PSAR for PIDILITIND has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions. Parabolic Stop and Reverse chart for Pidilite Industries Limited
Stochastic: The current reading of the STOCHASTIC is neutral for PIDILITIND, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Pidilite Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Pidilite Industries Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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