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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-05-30 20:44
Overall Technical outlook
Price Summary
On 2025-05-30, Kansai Nerolac Paints Limited's stock began at 253.5, peaked at 255.1, declined to 251.4, and ended the day 0.08% up at 253.7, with 179714 shares traded. In the past year, the highest stock price was 316.2, and the lowest was 221.99. As per recommendations from 17 analysts, KANSAINER's future price is expected to span between 221.0 and 340.0, with a mean price around 278.2353.
Technicals
Support and Resistance: The price sits at 253.7, supported by 243.0 and resisted by 257.05. This indicates a trading range where 243.0 provides a floor, preventing declines, and 257.05 acts as a ceiling, limiting further price increases for KANSAINER. Support/Resistance for KANSAINER
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 Kansai Nerolac Paints Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for KANSAINER, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Kansai Nerolac Paints Limited
Parabolic SAR: The PSAR has reversed from bullish to bearish, signaling a possible trend change for KANSAINER. This shift could indicate a strong bearish signal if it aligns with other market indicators. Traders should monitor the situation closely and wait for further confirmation before making decisions. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Kansai Nerolac Paints 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. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Kansai Nerolac Paints Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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