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Technicals for The New India Assurance Company Limited
By MusingTheNews
2026-01-30 20:59
Overall Technical outlook
Price Summary
The New India Assurance Company Limited's stock opened at 146.1 on 2026-01-30, surged to 151.39, hit a low of 144.0, and closed up 1.92% at 148.91, with 365816 shares traded. In the 52-week period, the stock's peak price is 204.35, and the lowest price recorded is 142.11. The projected price range for The New India Assurance Company Limited is between 190.0 and 250.0, with an expected mean price of 213.33333, according to 3 analysts.
Technicals
Support and Resistance: At 148.91, the price is supported by 143.8 and resisted by 150.49. This indicates that the price for The New India Assurance Company Limited might fluctuate between these levels, with 143.8 acting as a support and 150.49 limiting further upward movement. Support/Resistance for NIACL
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for The New India Assurance Company Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for NIACL, 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. Bolinger Bands chart for The New India Assurance Company Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for The New India Assurance Company Limited
Stochastic: The current reading of the STOCHASTIC is neutral for NIACL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching. Tripple SMA chart for The New India Assurance Company Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall 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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