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Technicals for Aditya Birla Capital Limited
By MusingTheNews
2026-02-02 20:21
Overall Technical outlook
Price Summary
On 2026-02-02, Aditya Birla Capital Limited's stock opened at 327.5, reached 338.1, hit a low of 317.0, and rose 1.69% to close at 333.05, with 9513249 shares traded. The stock's highest price in the past 52 weeks is 364.05, while its lowest price during the same period is 152.32. According to 12 analysts, the future price is anticipated to vary between 300.0 and 435.0, with an average expected price of around 392.66666.
Technicals
Support and Resistance: The price of 333.05 is supported at 303.5 and faces resistance at 338.1. This range suggests key levels for ABCAPITAL where the price may stabilize, with 303.5 acting as a support and 338.1 as a cap on gains. Support/Resistance for ABCAPITAL
Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for Aditya Birla Capital Limited
Bol. Bands: The price has fallen below the lower Bollinger Band and has continued to stay there since the previous move, pointing to strong bearish momentum. This position below the band suggests that the market may be in an oversold state, with downward pressure persisting. The extended stay in this area could indicate further declines unless a reversal occurs for ABCAPITAL, making it a critical point for traders to monitor closely. Bolinger Bands chart for Aditya Birla Capital Limited
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 ABCAPITAL. Parabolic Stop and Reverse chart for Aditya Birla Capital Limited
Stochastic: The current reading of the STOCHASTIC is neutral for ABCAPITAL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Aditya Birla Capital Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Aditya Birla Capital 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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