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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2026-01-30 20:44
Overall Technical outlook
Price Summary
In today's trading session, KANSAINER's shares increased by 3.14%, marking a impressive day. Kansai Nerolac Paints Limited's stock opened at 223.18 on 2026-01-30, surged to 230.98, hit a low of 222.88, and closed up 3.14% at 230.19, with 438679 shares traded. In the last 52 weeks, the stock's top price was 269.95 and the bottom price was 220.91. Analysts expect the price of KANSAINER to vary between 212.0 and 330.0, with an average expected price near 269.17648.
Technicals
Support and Resistance: The current price of 230.19 for KANSAINER finds support at 221.85 and resistance at 231.02. These levels define a range in which the price might oscillate, with 221.85 as a potential support and 231.02 as a resistance level. Support/Resistance for KANSAINER
Aroon: The current reading of the AROON 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. Aroon chart for Kansai Nerolac Paints Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Kansai Nerolac Paints Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Kansai Nerolac Paints Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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