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Technicals for IndusInd Bank Limited
By MusingTheNews
2025-05-30 20:41
Overall Technical outlook
Price Summary
On 2025-05-30, IndusInd Bank Limited's stock opened at 821.1, reached a high of 823.85, dropped to a low of 811.0, and closed lower -0.51% at 816.95, with a trading volume of 5629997 shares. The stock reached its highest price of 1529.7 and lowest price of 637.05 over the last 52 weeks. INDUSINDBK's future price is expected to lie between 536.0 and 1350.0, with an average expectation of 796.0244, as per the recommendations of 41 analysts.
Technicals
Support and Resistance: The price of 816.95 is supported at 780.2 and faces resistance at 828.2. This range suggests key levels for INDUSINDBK where the price may stabilize, with 780.2 acting as a support and 828.2 as a cap on gains. Support/Resistance for INDUSINDBK
Aroon: The AROON is currently in a neutral position for IndusInd Bank 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 IndusInd Bank Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for INDUSINDBK, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for IndusInd Bank Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for INDUSINDBK. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for IndusInd Bank Limited
Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for INDUSINDBK. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth. Stochastic chart for IndusInd Bank Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for INDUSINDBK, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for IndusInd Bank 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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