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Technicals for JK Lakshmi Cement Limited
By MusingTheNews
2025-07-16 20:40
Overall Technical outlook
Price Summary
On 2025-07-16, JK Lakshmi Cement Limited's stock began at 988.05, peaked at 990.2, declined to 961.0, and ended the day -1.71% down at 971.15, with 165259 shares traded. Over the course of 52 weeks, the stock peaked at 990.0 and hit a low of 671.6. Analysts expect the price of JKLAKSHMI to vary between 680.0 and 1100.0, with an average expected price near 923.0625.
Technicals
Support and Resistance: At 971.15, the price for JKLAKSHMI is supported at 873.35 and resisted at 990.0. This indicates a trading range where 873.35 serves as a support level, potentially preventing further decline, while 990.0 could limit upward movement. Support/Resistance for JKLAKSHMI
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for JKLAKSHMI. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for JK Lakshmi Cement Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for JK Lakshmi Cement 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 JK Lakshmi Cement Limited
Stochastic: The stochastic indicator shows the K-line dropping below the D-line but staying above 80, indicating the possible start of a bearish price move. This setup may signal that the market's recent momentum is waning, which could result in a downturn. Traders should remain vigilant for additional signs of weakness for JK Lakshmi Cement Limited. Stochastic chart for JK Lakshmi Cement Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are beginning to waver. This weakening in downward momentum could signal a potential shift towards bullish price action. Investors might interpret this as an early indication that the market is preparing for a reversal, with the possibility of a bullish trend emerging soon. Tripple SMA chart for JK Lakshmi Cement Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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