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Technicals for UltraTech Cement Limited
By MusingTheNews
2025-10-17 21:00
Overall Technical outlook
Price Summary
On 2025-10-17, UltraTech Cement Limited's stock opened at 12300.0, spiked to 12390.0, declined to 12259.0, and closed 0.57% higher at 12370.0, with 182235 shares traded. Over the previous 52 weeks, the stock reached a high of 12874.0 and a low of 10128.45. Analysts expect the price of ULTRACEMCO to vary between 7700.0 and 15210.0, with an average expected price near 13600.571.
Technicals
Support and Resistance: The current price sits at 12370.0, supported at 12114.0 and capped by resistance at 12398.0. These levels define a range for ULTRACEMCO where the price might stabilize, with 12114.0 as a floor and 12398.0 as a ceiling. Support/Resistance for ULTRACEMCO
Aroon: The AROON 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. Aroon chart for UltraTech Cement Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for UltraTech Cement Limited
Parabolic SAR: The PSAR for ULTRACEMCO maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for UltraTech Cement Limited
Stochastic: ULTRACEMCO's stochastic indicator reflects a bullish trend, with the K-line positioned above the D-line and surpassing the 80 threshold. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors could interpret this as a positive signal for further gains. Stochastic chart for UltraTech Cement Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for UltraTech Cement Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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