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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-09-05 20:35
Overall Technical outlook
Price Summary
On 2025-09-05, Kansai Nerolac Paints Limited's stock opened at 243.6, spiked to 245.35, declined to 240.92, and closed -0.3% lower at 242.88, with 176572 shares traded. Over the previous 52 weeks, the stock reached a high of 316.2 and a low of 221.99. The future price of KANSAINER is projected to range from 212.0 to 327.0, with an average expected price of 276.88235, according to 17 analysts.
Technicals
Support and Resistance: At 242.88, the price is supported at 238.9 and faces resistance at 244.93. This range suggests that the price for KANSAINER might stay between these levels, with 238.9 acting as a floor and 244.93 as a ceiling. Support/Resistance for KANSAINER
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for KANSAINER, with no strong trend emerging. 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 continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned, signaling a bullish trend. The upward slopes of these averages further indicate a mildly bullish sentiment overall, suggesting that the market is likely to experience a steady, gradual rise in value. While the upward momentum is present, it is expected to be moderate, reflecting a stable and cautiously optimistic market environment. Tripple SMA chart for Kansai Nerolac Paints Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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