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Technicals for Minda Corporation Limited
By MusingTheNews
2025-07-16 20:46
Overall Technical outlook
Price Summary
On 2025-07-16, MINDACORP's stock started at 519.25, reached a high of 524.5, fell to 515.0, and ended 0.69% higher at 522.85, with 231497 shares traded. In the last 52 weeks, the stock's top price was 632.3 and the bottom price was 466.1. MINDACORP's future price is expected to lie between 480.0 and 630.0, with an average expectation of 588.5, as per the recommendations of 4 analysts.
Technicals
Support and Resistance: The current price of 522.85 is supported at 501.65, with resistance at 544.15. This suggests that the price for MINDACORP might remain between these levels, where 501.65 acts as a floor and 544.15 as a ceiling in the market. Support/Resistance for MINDACORP
Aroon: The current state of the AROON is neutral for MINDACORP, 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. Aroon chart for Minda Corporation Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Minda Corporation Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for MINDACORP. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Minda Corporation Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for MINDACORP. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Minda Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Minda Corporation 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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