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Technicals for E.I.D.- Parry (India) Limited
By MusingTheNews
2025-07-16 20:32
Overall Technical outlook
Price Summary
E.I.D.- Parry (India) Limited's stock opened at 1151.2 on 2025-07-16, surged to 1172.5, hit a low of 1145.1, and closed up 0.5% at 1157.0, with 171193 shares traded. The stock's peak price over the last 52 weeks is 1160.7, with the lowest being 659.95.
Technicals
Aroon: The Aroon indicator continues to show a bullish trend for E.I.D.- Parry (India) Limited, with Aroon Up holding at the 100 level. This suggests strong upward momentum, but the trend should be examined further using other indicators to confirm its strength and potential for continuation. Aroon chart for E.I.D.- Parry (India) Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for E.I.D.- Parry (India) Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for EIDPARRY. Parabolic Stop and Reverse chart for E.I.D.- Parry (India) Limited
Stochastic: The stochastic indicator for EIDPARRY shows the K-line falling below the D-line, while remaining above 80, suggesting a possible beginning of a bearish price move. This configuration may indicate that the market's upward momentum is losing steam, potentially leading to a downward trend. Traders should watch closely for further confirmation of this shift. Stochastic chart for E.I.D.- Parry (India) Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for E.I.D.- Parry (India) Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and 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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