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Technicals for Birlasoft Limited
By MusingTheNews
2025-05-30 20:26
Overall Technical outlook
Price Summary
Birlasoft Limited had a awful day at the stock market, and its shares sank -2.79%. On 2025-05-30, BSOFT's stock began at 412.0, peaked at 412.0, dipped to 396.05, and closed up -2.79% at 400.5, with a volume of 6991650 shares. In the 52-week period, the stock's peak price is 749.45, and the lowest price recorded is 347.1. The expected price range is between 370.0 and 670.0, with a mean anticipated price of 506.3846, according to 13 analysts.
Technicals
Support and Resistance: The price of 400.5 is supported at 385.75 and faces resistance at 402.65. This range suggests key levels for BSOFT where the price may stabilize, with 385.75 acting as a support and 402.65 as a cap on gains. Support/Resistance for BSOFT
Aroon: The current state of the AROON is neutral for BSOFT, 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. Aroon chart for Birlasoft Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Birlasoft Limited
Parabolic SAR: The PSAR for BSOFT continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Birlasoft Limited
Stochastic: The current state of the STOCHASTIC is neutral for BSOFT, 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. Stochastic chart for Birlasoft Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for Birlasoft Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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