Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Birla Corporation Limited
By MusingTheNews
2025-05-30 20:26
Overall Technical outlook
Price Summary
Birla Corporation Limited's stock, on 2025-05-30 opened at 1399.6, climbed to a high of 1410.0, dropped to a low of 1363.0, and closed up -1.8% at 1374.4, with 62129 shares traded. In the last 52 weeks, the stock's top price was 1615.15 and the bottom price was 934.25. The future price of BIRLACORPN is projected to range from 1300.0 to 1620.0, with an average expected price of 1534.7858, according to 14 analysts.
Technicals
Support and Resistance: At 1374.4, the price for BIRLACORPN is supported at 1287.55 and resisted at 1407.5. This indicates a trading range where 1287.55 serves as a support level, potentially preventing further decline, while 1407.5 could limit upward movement. Support/Resistance for BIRLACORPN
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for BIRLACORPN. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Birla Corporation 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 Birla Corporation Limited
Parabolic SAR: The PSAR for BIRLACORPN continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Birla Corporation Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Birla Corporation Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Birla Corporation Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Birla Corporation Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.