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Technicals for Asahi India Glass Limited
By MusingTheNews
2025-07-16 20:23
Overall Technical outlook
Price Summary
Asahi India Glass Limited's stock opened at 840.5 on 2025-07-15, surged to 856.2, dropped to 836.1, and ended 0.39% up at 843.8, with 305168 shares traded. In the past year, the highest stock price was 851.7, and the lowest was 579.35.
Technicals
Support and Resistance: With the current price at 843.8, support is found at 770.7 and resistance at 847.85. These levels indicate where buyers might step in at 770.7, while sellers could limit gains at 847.85, defining a trading boundary for Asahi India Glass Limited. Support/Resistance for ASAHIINDIA
Aroon: The current reading of the AROON is neutral for ASAHIINDIA, 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. Aroon chart for Asahi India Glass Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for ASAHIINDIA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Asahi India Glass Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Asahi India Glass Limited
Stochastic: The stochastic indicator is currently bullish, with the K-line exceeding both the D-line and the 80 level. This configuration indicates robust upward momentum, suggesting that the market may experience further gains. Investors may interpret this as a positive signal for continued upward movement. Stochastic chart for Asahi India Glass Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory. Tripple SMA chart for Asahi India Glass Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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