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Technicals for Aditya Birla Capital Limited
By MusingTheNews
2025-05-30 20:21
Overall Technical outlook
Price Summary
On 2025-05-30, Aditya Birla Capital Limited's stock opened at 221.2, reached 223.9, hit a low of 219.1, and rose 0.59% to close at 222.51, with 2694174 shares traded. The top price for the stock in the last 52 weeks is 243.02, with the bottom price being 152.32. Based on recommendations from 10 analysts, the future price of ABCAPITAL is expected to range from 240.0 to 266.0, with an average price expectation around 254.2.
Technicals
Support and Resistance: At 222.51, the price is supported by 221.46 and resisted by 221.46. This indicates that the price for Aditya Birla Capital Limited might fluctuate between these levels, with 221.46 acting as a support and 221.46 limiting further upward movement. Support/Resistance for ABCAPITAL
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for Aditya Birla Capital 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 Aditya Birla Capital Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Aditya Birla Capital Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction. Stochastic chart for Aditya Birla Capital Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for ABCAPITAL. Tripple SMA chart for Aditya Birla Capital Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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