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Technicals for Info Edge (India) Limited
By MusingTheNews
2026-02-03 20:41
Overall Technical outlook
Price Summary
Info Edge (India) Limited's stock opened at 1250.0 on 2026-02-02, surged to 1257.8, hit a low of 1211.0, and closed up -1.02% at 1237.3, with 2434789 shares traded. The stock's highest value over the last 52 weeks is 8051.2, and the lowest value is 1237.3. According to 23 analysts, the price of NAUKRI in the future is projected to be between 1100.0 and 1850.0, with an average expected price of 1549.9131.
Technicals
Aroon: Aroon's bearish trend persists, with Aroon Down remaining at 100. This consistent downward momentum suggests continued declines, but further analysis is necessary using other indicators to fully comprehend the trend's future direction. Aroon chart for Info Edge (India) Limited
Bol. Bands: The price has crossed under the lower Bollinger Band, indicating a potential oversold condition for NAUKRI. This downward move reflects intensified selling pressure, suggesting that the market may be continuing its bearish trend. However, a breach of the lower band can also signal a possible reversal, as it often prompts buyers to step in, looking for value at these depressed levels. Bolinger Bands chart for Info Edge (India) Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Info Edge (India) Limited. Parabolic Stop and Reverse chart for Info Edge (India) Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Info Edge (India) Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, but the slopes of the faster averages indicate that this strength may be weakening. The potential for a reversal is becoming apparent, as the shorter-term averages show signs of fading momentum, suggesting that a trend change could be imminent. Tripple SMA chart for Info Edge (India) Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments 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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