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Technicals for Britannia Industries Limited
By MusingTheNews
2025-05-30 20:27
Overall Technical outlook
Price Summary
On 2025-05-30, Britannia Industries Limited's stock began at 5495.5, climbed to 5532.0, dropped to 5437.5, and had 0.27% to end at 5510.5, with a volume of 401892 shares. During the past 52 weeks, the highest stock price was 6446.05, and the lowest was 4575.2. Analysts' predictions indicate that BRITANNIA's future price will be between 4850.0 and 6770.0, with a mean price expectation of approximately 5781.3613.
Technicals
Support and Resistance: The price for BRITANNIA is 5510.5, with support at 5461.9 and resistance at 5461.9. This suggests a range where 5461.9 acts as a base, preventing declines, and 5461.9 caps gains, defining key trading levels. Support/Resistance for BRITANNIA
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 Britannia Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Britannia Industries Limited
Parabolic SAR: The PSAR remains bearish for Britannia Industries Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Britannia Industries Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Britannia Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for BRITANNIA. Tripple SMA chart for Britannia Industries Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make 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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