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Technicals for The New India Assurance Company Limited
By MusingTheNews
2025-09-05 20:44
Overall Technical outlook
Price Summary
In today's trading, The New India Assurance Company Limited's stock fell by -2.61%, showcasing an awful market day. The New India Assurance Company Limited's stock opened at 200.0 on 2025-09-05, surged to 200.0, hit a low of 193.9, and closed up -2.61% at 194.79, with 898910 shares traded. The peak price for the stock in the past 52 weeks is 257.05, with the lowest price being 142.11. NIACL's future price is expected to lie between 190.0 and 240.0, with an average expectation of 210.0, as per the recommendations of 3 analysts.
Technicals
Support and Resistance: At 194.79, the price is supported at 190.25 and faces resistance at 199.78. This range suggests that the price for NIACL might stay between these levels, with 190.25 acting as a floor and 199.78 as a ceiling. 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 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 remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for The New India Assurance Company Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend begins to falter. Tripple SMA chart for The New India Assurance Company Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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