Technicals for Network18 Media & Investments Limited

Price Summary

In today's trading session, NETWORK18's shares fell by -2.36%, marking a unimpressive day.
On 2026-06-03, Network18 Media & Investments Limited's stock began at 30.51, peaked at 30.51, bottomed at 28.86, and closed -2.36% down at 29.79, with a volume of 8107002 shares.
The highest price the stock achieved in the past 52 weeks is 63.14, while the lowest price it saw is 27.52.

Technicals

Support and Resistance: The price for NETWORK18 at 29.79 finds support at 27.52 and resistance at 30.64. This suggests a trading range, where 27.52 serves as a support level and 30.64 acts as a resistance point, potentially capping further gains.


Aroon: The persistent bearish trend in Aroon, with Aroon Down still at the 100 level, suggests continued weakness. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators.


Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.


Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for NETWORK18.


Stochastic: The stochastic indicator shows the K-line rising above the D-line while remaining below 20, generally considered the start of a bullish move. This pattern suggests that the market may be in the initial phase of a recovery, potentially leading to an uptrend. Traders could view this as a signal for potential gains for NETWORK18.


Tripple Moving Agerage: The 20-50-100 period moving averages are aligned for a bullish trend, but the slopes of the faster averages suggest that this strength may be fading for NETWORK18. The weakening momentum in these shorter-term averages hints that a reversal could be approaching, signaling that the current trend might not hold much longer.


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.