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Technicals for The New India Assurance Company Limited
By MusingTheNews
2025-12-12 20:59
Overall Technical outlook
Price Summary
The stock of The New India Assurance Company Limited experienced a 4.96% surge, showcasing a phenomenal market performance. The New India Assurance Company Limited's stock opened at 163.8 on 2025-12-12, surged to 175.8, dropped to 162.33, and ended 4.96% up at 171.92, with 3407400 shares traded. For the 52-week period, the stock's highest price is 214.1, and the lowest price is 142.11. The future price of NIACL is anticipated to range from 190.0 to 250.0, with an expected mean price of 213.33333, according to the recommendations of 3 analysts.
Technicals
Support and Resistance: The price for NIACL at 171.92 is supported by the 173.52 level and faces resistance at 173.52. This range indicates key levels where the price may find buyers near 173.52 and sellers near 173.52, defining a trading range. Support/Resistance for NIACL
Aroon: The AROON 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. Aroon chart for The New India Assurance Company Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for The New India Assurance Company Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for The New India Assurance Company Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future. Tripple SMA chart for The New India Assurance Company Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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