The impact of the early monsoon rains in June 2025 on rural...
Technicals for SJVN Limited
By MusingTheNews
2025-06-13 20:53
Overall Technical outlook
Price Summary
2025-06-13, saw SJVN's stock open at 97.5, hit a peak of 99.27, fall to a low of 97.27, and close up 0.97% at 98.45, with 4646149 shares changing hands. During the past 52 weeks, the highest stock price was 153.78, and the lowest was 82.0. The expected price range is between 46.0 and 129.0, with a mean anticipated price of 84.25, according to 4 analysts.
Technicals
Support and Resistance: The current price sits at 98.45, supported at 90.6 and capped by resistance at 98.9. These levels define a range for SJVN where the price might stabilize, with 90.6 as a floor and 98.9 as a ceiling. Support/Resistance for SJVN
Aroon: The AROON 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. Aroon chart for SJVN 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 SJVN Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for SJVN Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for SJVN 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 starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam. Tripple SMA chart for SJVN Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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.