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Technicals for Poonawalla Fincorp Limited
By MusingTheNews
2025-04-25 20:50
Overall Technical outlook
Price Summary
In today's trading session, POONAWALLA's shares sank by -4.4%, marking a poor day. Poonawalla Fincorp Limited's stock began trading at 397.9 on 2025-04-25, soared to 398.9, dipped to 378.0, and finished the day -4.4% lower at 380.4, with 2846886 shares exchanged. The top price for the stock in the last 52 weeks is 492.25, with the bottom price being 273.8. According to 6 analysts, the price of POONAWALLA in the future is projected to be between 250.0 and 525.0, with an average expected price of 353.33334.
Technicals
Support and Resistance: The current price is 380.4, with support at 355.95 and resistance at 402.7. This range suggests that the price might move between these levels, with 355.95 offering support and 402.7 capping further gains for Poonawalla Fincorp Limited. Support/Resistance for POONAWALLA
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for POONAWALLA, with no strong trend emerging. Aroon chart for Poonawalla Fincorp Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Poonawalla Fincorp Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Poonawalla Fincorp Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Poonawalla Fincorp Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Poonawalla Fincorp Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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