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Technicals for Jai Balaji Industries Limited
By MusingTheNews
2025-07-16 20:41
Overall Technical outlook
Price Summary
Jai Balaji Industries Limited's stock, on 2025-07-16 opened at 122.15, climbed to a high of 123.0, dropped to a low of 120.77, and closed up -0.58% at 121.44, with 664344 shares traded. Over the previous 52 weeks, the stock reached a high of 231.91 and a low of 100.29.
Technicals
Support and Resistance: At 121.44, the price is held up by support at 119.2 and faces resistance at 130.85 for JAIBALAJI. This suggests a trading range where 119.2 provides a base and 130.85 limits upward movement. Support/Resistance for JAIBALAJI
Aroon: The current reading of the AROON is neutral for JAIBALAJI, 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. Aroon chart for Jai Balaji Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Jai Balaji Industries Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, suggesting a potential trend reversal. This shift could be a very bearish signal if supported by other market indicators. Traders should be on the lookout for additional signs of a broader downward trend. Parabolic Stop and Reverse chart for Jai Balaji Industries Limited
Stochastic: The STOCHASTIC is in a neutral stance for JAIBALAJI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Jai Balaji Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Jai Balaji Industries 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.
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