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Technicals for Asahi India Glass Limited
By MusingTheNews
2025-09-04 20:22
Overall Technical outlook
Price Summary
Asahi India Glass Limited's stock opened at 844.1 on 2025-09-03, surged to 853.6, hit a low of 834.05, and closed up -0.92% at 836.3, with 83031 shares traded. The top price for the stock in the last 52 weeks is 884.45, with the bottom price being 579.35.
Technicals
Support and Resistance: At 836.3, the price is supported at 770.7 and faces resistance at 847.85. This range suggests that the price for ASAHIINDIA might stay between these levels, with 770.7 acting as a floor and 847.85 as a ceiling. Support/Resistance for ASAHIINDIA
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Asahi India Glass Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Asahi India Glass Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Asahi India Glass Limited
Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a possible market decline. If this reversal is confirmed by other trends, it could be a very bearish signal. Investors should consider this shift carefully and seek further confirmation before taking action for Asahi India Glass Limited. Parabolic Stop and Reverse chart for Asahi India Glass Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Asahi India Glass Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for Asahi India Glass Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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