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Technicals for Maharashtra Seamless Limited
By MusingTheNews
2025-07-16 20:45
Overall Technical outlook
Price Summary
A 2.35% jump in Maharashtra Seamless Limited's stock marked an remarkable day on the market. On 2025-07-16, Maharashtra Seamless Limited's shares started at 714.0, peaked at 748.75, bottomed out at 711.3, and ended 2.35% higher at 730.8, with 1142477 shares traded. Over the course of 52 weeks, the stock peaked at 786.95 and hit a low of 569.85.
Technicals
Support and Resistance: The current price of 730.8 is supported at 710.8, with resistance at 762.3. This suggests that the price for MAHSEAMLES might remain between these levels, where 710.8 acts as a floor and 762.3 as a ceiling in the market. Support/Resistance for MAHSEAMLES
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 Maharashtra Seamless Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Maharashtra Seamless Limited
Parabolic SAR: The PSAR for MAHSEAMLES remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for Maharashtra Seamless Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Maharashtra Seamless Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Maharashtra Seamless Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for Maharashtra Seamless 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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