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Technicals for Devyani International Limited
By MusingTheNews
2025-09-05 20:27
Overall Technical outlook
Price Summary
On 2025-09-05, Devyani International Limited's stock opened at 180.77, reached a high of 182.5, dropped to a low of 178.5, and closed down -0.58% at 179.72, with a trading volume of 2612270 shares. During the past 52 weeks, the highest stock price was 221.58, and the lowest was 140.5. According to 24 analysts, the price of DEVYANI in the future is projected to be between 138.0 and 215.0, with an average expected price of 180.08333.
Technicals
Support and Resistance: At 179.72, the price is supported at 178.65 and faces resistance at 186.89. This range suggests that the price for DEVYANI might stay between these levels, with 178.65 acting as a floor and 186.89 as a ceiling. Support/Resistance for DEVYANI
Aroon: The AROON is currently in a neutral position for Devyani International Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Devyani International Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Devyani International Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Devyani International Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Devyani International Limited
Stochastic: The stochastic indicator for DEVYANI reflects a bullish outlook, with the K-line positioned above the D-line and surpassing the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors may interpret this as a positive signal for further gains. Stochastic chart for Devyani International Limited
Tripple Moving Agerage: The moving averages are aligned in favor of a bullish trend for DEVYANI, with the 20-50-100 aggregates all sloping upward. This configuration suggests that market momentum is increasing, reinforcing the likelihood of further price gains. Traders may consider this a strong indication to enter or hold their positions in anticipation of continued growth. Tripple SMA chart for Devyani International Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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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