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Technicals for IDBI Bank Limited
By MusingTheNews
2025-07-16 20:38
Overall Technical outlook
Price Summary
In today's trading session, IDBI's shares surged by 2.47%, marking a fantastic day. IDBI Bank Limited's stock opened at 98.2 on 2025-07-16, surged to a high of 102.14, hit a low of 98.2, and closed up 2.47% at 100.63, with 12471825 shares traded. Over the previous 52 weeks, the stock reached a high of 104.85 and a low of 66.24.
Technicals
Support and Resistance: The current price of 100.63 is supported at 91.27, with resistance at 103.43. This suggests that the price for IDBI might remain between these levels, where 91.27 acts as a floor and 103.43 as a ceiling in the market. Support/Resistance for IDBI
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for IDBI Bank Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for IDBI Bank Limited
Parabolic SAR: The PSAR for IDBI continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for IDBI Bank Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for IDBI Bank Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for IDBI. Tripple SMA chart for IDBI Bank Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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