An engaging overview of the latest fintech and digital banking trends —...
Technicals for Emami Limited
By MusingTheNews
2026-02-02 20:32
Overall Technical outlook
Price Summary
Emami Limited's stock, on 2026-02-02 opened at 475.05, climbed to a high of 483.8, dropped to a low of 470.0, and closed up 1.56% at 482.45, with 238698 shares traded. Throughout the 52-week period, the stock hit a high of 646.85 and a low of 480.35. The projected price range for Emami Limited is between 531.0 and 825.0, with an expected mean price of 651.3333, according to 24 analysts.
Technicals
Support and Resistance: The current price is 482.45, with support at 486.75 and resistance at 486.75. This range suggests that the price might move between these levels, with 486.75 offering support and 486.75 capping further gains for Emami Limited. Support/Resistance for EMAMILTD
Aroon: The Aroon indicator shows a continued bearish trend, with Aroon Down remaining at 100. This indicates strong downward momentum, but to understand the full implications, the trend should be examined alongside other technical indicators. Aroon chart for Emami Limited
Bol. Bands: In the most recent move, the price has crossed above the lower Bollinger Band after previously being below it. This upward shift may indicate a recovery from oversold conditions, suggesting that the market could be transitioning out of its bearish phase. The crossover above the lower band could be a sign of a potential trend reversal or a slowdown in the downward momentum. Bolinger Bands chart for Emami Limited
Parabolic SAR: The PSAR remains bearish for Emami 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 Emami Limited
Stochastic: The stochastic indicator shows the K-line rising above the D-line while staying below 20, often considered the start of a bullish move. This setup suggests that the market may be in the early stages of a recovery, potentially leading to an uptrend for EMAMILTD. Traders could view this as an indication of potential gains. Stochastic chart for Emami Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages supports a bullish trend, yet the slopes of the shorter-term averages suggest a possible weakening. The faster averages indicate that a reversal might be approaching, with the upward momentum potentially losing steam. This could signal an upcoming change in direction. Tripple SMA chart for Emami 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.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.