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Technicals for Safari Industries (India) Limited
By MusingTheNews
2025-08-15 20:53
Overall Technical outlook
Price Summary
On 2025-08-14, Safari Industries (India) Limited's stock opened at 2069.9, peaked at 2069.9, hit a low of 2046.5, and closed -0.73% lower at 2054.8, with 55910 shares changing hands. For the 52-week period, the stock's highest price is 2723.75, and the lowest price is 1880.35. Based on recommendations from 9 analysts, the future price of SAFARI is expected to range from 2180.0 to 2740.0, with an average price expectation around 2533.111.
Technicals
Support and Resistance: The price for SAFARI at 2054.8 is supported by the 2018.8 level and faces resistance at 2122.95. This range indicates key levels where the price may find buyers near 2018.8 and sellers near 2122.95, defining a trading range. Support/Resistance for SAFARI
Aroon: The AROON 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. Aroon chart for Safari Industries (India) Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Safari Industries (India) Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for SAFARI. Parabolic Stop and Reverse chart for Safari Industries (India) Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Safari Industries (India) Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Safari Industries (India) Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and 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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