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Technicals for The New India Assurance Company Limited
By MusingTheNews
2025-07-16 20:57
Overall Technical outlook
Price Summary
On 2025-07-16, The New India Assurance Company Limited's stock opened at 185.48, reached a high of 188.49, dropped to a low of 184.2, and closed higher 0.15% at 185.75, with a trading volume of 522600 shares. Over the previous 52 weeks, the stock reached a high of 292.88 and a low of 142.11.
Technicals
Support and Resistance: The current price sits at 185.75, supported at 178.04 and capped by resistance at 190.64. These levels define a range for NIACL where the price might stabilize, with 178.04 as a floor and 190.64 as a ceiling. Support/Resistance for NIACL
Aroon: The AROON 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. Aroon chart for The New India Assurance Company Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for The New India Assurance Company Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for The New India Assurance Company Limited
Parabolic SAR: The PSAR for NIACL continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for The New India Assurance Company Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for The New India Assurance Company 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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