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Technicals for Emami Limited
By MusingTheNews
2025-05-29 20:33
Overall Technical outlook
Price Summary
Emami Limited's stock opened at 584.8 on 2025-05-29, surged to a high of 592.0, hit a low of 581.05, and closed up 0.45% at 587.45, with 326216 shares traded. The stock reached its highest price of 839.75 and lowest price of 521.85 over the last 52 weeks. 27 analysts predict that the future price of EMAMILTD will be in the range of 510.0 to 895.0, with a mean expected price of about 718.6667.
Technicals
Support and Resistance: At 587.45, the price is held up by support at 584.75 and faces resistance at 625.8 for EMAMILTD. This suggests a trading range where 584.75 provides a base and 625.8 limits upward movement. Support/Resistance for EMAMILTD
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Emami 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 Emami Limited
Parabolic SAR: The PSAR for EMAMILTD remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Emami Limited
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling a likely start of a bullish move. This configuration suggests that the market may be beginning to recover from a low point, leading to possible gains for EMAMILTD. Traders may interpret this as a favorable entry point. Stochastic chart for Emami Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Emami Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to 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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