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Technicals for Safari Industries (India) Limited
By MusingTheNews
2025-10-17 20:54
Overall Technical outlook
Price Summary
A -2.01% slide in Safari Industries (India) Limited's stock marked an poor day on the market. On 2025-10-17, Safari Industries (India) Limited's stock opened at 2202.9, peaked at 2208.9, hit a low of 2150.1, and closed -2.01% lower at 2158.6, with 10260 shares changing hands. For the 52-week period, the stock's highest price is 2723.75, and the lowest price is 1880.35. Analysts expect the price of SAFARI to vary between 2180.0 and 2740.0, with an average expected price near 2533.111.
Technicals
Support and Resistance: The current price of 2158.6 for SAFARI finds support at 2149.9 and resistance at 2257.8. These levels define a range in which the price might oscillate, with 2149.9 as a potential support and 2257.8 as a resistance level. Support/Resistance for SAFARI
Aroon: The AROON indicator suggests a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed. This combination signals a continuation of the downward price trend, indicating that bearish momentum is likely to persist. The steady low reading of the Aroon Oscillator suggests further weakness in the market. Aroon chart for Safari Industries (India) Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Safari Industries (India) Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for SAFARI. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Safari Industries (India) Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Safari Industries (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for SAFARI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Safari Industries (India) Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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