The impact of the early monsoon rains in June 2025 on rural...
Technicals for Sanofi India Limited
By MusingTheNews
2025-06-13 20:53
Overall Technical outlook
Price Summary
Sanofi India Limited's stock, on 2025-06-13 opened at 6090.0, climbed to a high of 6219.0, dropped to a low of 6090.0, and closed up 0.94% at 6147.5, with 4884 shares traded. The stock's highest value over the last 52 weeks is 7426.55, and the lowest value is 4986.85. Analysts expect the price of SANOFI to vary between 5800.0 and 7560.0, with an average expected price near 6672.3335.
Technicals
Support and Resistance: The price sits at 6147.5, supported by 5975.7 and resisted by 6182.7. This indicates a trading range where 5975.7 provides a floor, preventing declines, and 6182.7 acts as a ceiling, limiting further price increases for SANOFI. Support/Resistance for SANOFI
Aroon: Aroon's bearish trend remains strong, with Aroon Down still at the 100 level. This suggests ongoing downward pressure. However, this trend should be further explored using additional indicators to gain a clearer understanding of its long-term significance. Aroon chart for Sanofi India Limited
Bol. Bands: The latest price action shows a crossover above the lower Bollinger Band, after a period where the price was below it. This upward shift suggests that the market may be starting to recover from oversold conditions, potentially indicating the end of the bearish trend. The crossover above the band could be a sign that a reversal or stabilization is taking place, with the potential for further upward movement. Bolinger Bands chart for Sanofi India Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Sanofi 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 Sanofi India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for SANOFI. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Sanofi India Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.