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Technicals for Safari Industries (India) Limited
By MusingTheNews
2025-12-15 20:55
Overall Technical outlook
Price Summary
The stock of Safari Industries (India) Limited experienced a -2.24% slide, showcasing a mediocre market performance. Safari Industries (India) Limited's stock started the year at 2375.1, climbed to a high of 2407.0, fell to 2315.1, and closed -2.24% lower at 2322.0, with 7106 shares traded on 2025-12-10. The stock's highest price over the 52-week span is 2711.25, while the lowest price is 1880.35. The future price of SAFARI is anticipated to range from 2180.0 to 2850.0, with an expected mean price of 2622.8, according to the recommendations of 10 analysts.
Technicals
Support and Resistance: The price for SAFARI at 2322.0 is supported by the 2237.2 level and faces resistance at 2332.7. This range indicates key levels where the price may find buyers near 2237.2 and sellers near 2332.7, defining a trading range. Support/Resistance for SAFARI
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 SAFARI, with no strong trend emerging. 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 maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. 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 alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for Safari Industries (India) Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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