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Technicals for Kansai Nerolac Paints Limited
By MusingTheNews
2025-07-16 20:43
Overall Technical outlook
Price Summary
Kansai Nerolac Paints Limited's stock opened at 250.4 on 2025-07-16, surged to 250.8, hit a low of 246.0, and closed up -1.26% at 247.25, with 153173 shares traded. The stock reached its highest price of 316.2 and its lowest price of 221.99 during the 52-week period. Future price predictions suggest a range between 212.0 and 340.0, with an average expected price of 277.70587, as per 17 analysts.
Technicals
Support and Resistance: The price is currently at 247.25, supported by 240.03 and resisted by 248.3. This indicates a range where 240.03 may provide a base for the price, while 248.3 serves as a cap on further upward movement for KANSAINER. Support/Resistance for KANSAINER
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. 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 its bearish trend for Kansai Nerolac Paints Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Kansai Nerolac Paints Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Kansai Nerolac Paints Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Kansai Nerolac Paints Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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