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Technicals for Safari Industries (India) Limited
By MusingTheNews
2025-04-25 20:53
Overall Technical outlook
Price Summary
On 2025-04-25, Safari Industries (India) Limited's stock opened at 2013.0, reached a high of 2038.4, dropped to a low of 1964.3, and closed down -0.78% at 1997.2, with a trading volume of 17503 shares. The stock reached its highest price of 2723.75 and its lowest price of 1880.35 during the 52-week period. According to 9 analysts, the future price is anticipated to vary between 2191.0 and 2900.0, with an average expected price of around 2624.2222.
Technicals
Support and Resistance: At 1997.2, the price is held up by support at 1880.35 and faces resistance at 2018.8 for SAFARI. This suggests a trading range where 1880.35 provides a base and 2018.8 limits upward movement. Support/Resistance for SAFARI
Aroon: The current state of the AROON 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. Aroon chart for Safari Industries (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for SAFARI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Safari Industries (India) Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Safari Industries (India) Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Safari Industries (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Safari Industries (India) Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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