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Technicals for Chambal Fertilisers and Chemicals Limited
By MusingTheNews
2025-05-29 20:29
Overall Technical outlook
Price Summary
Chambal Fertilisers and Chemicals Limited had a unimpressive day at the stock market, and its shares slid -2.17%. Chambal Fertilisers and Chemicals Limited's stock started the year at 595.1, climbed to a high of 602.4, fell to 580.1, and closed -2.17% lower at 582.2, with 4065219 shares traded on 2025-05-28. During the past 52 weeks, the highest stock price was 726.65, and the lowest was 351.95. The future price of CHAMBLFERT is projected to range from 585.0 to 665.0, with an average expected price of 634.0, according to 3 analysts.
Technicals
Support and Resistance: The price for CHAMBLFERT at 582.2 is supported by the 574.75 level and faces resistance at 612.8. This range indicates key levels where the price may find buyers near 574.75 and sellers near 612.8, defining a trading range. Support/Resistance for CHAMBLFERT
Aroon: Aroon's bearish trend persists, with Aroon Down staying at the 100 level. This consistent bearish momentum suggests further declines, but a more detailed analysis using other indicators is necessary to confirm the trend's future direction. Aroon chart for Chambal Fertilisers and Chemicals Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Chambal Fertilisers and Chemicals Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Chambal Fertilisers and Chemicals Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Chambal Fertilisers and Chemicals Limited. Parabolic Stop and Reverse chart for Chambal Fertilisers and Chemicals Limited
Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments. Stochastic chart for Chambal Fertilisers and Chemicals Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Chambal Fertilisers and Chemicals Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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