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Technicals for The New India Assurance Company Limited
By MusingTheNews
2025-05-30 20:59
Overall Technical outlook
Price Summary
The New India Assurance Company Limited's stock began trading at 186.99 on 2025-05-30, soared to 188.16, dipped to 182.01, and finished the day -0.28% lower at 186.46, with 648783 shares exchanged. In the past year, the highest stock price was 292.88, and the lowest was 142.11.
Technicals
Support and Resistance: The price sits at 186.46, supported by 174.07 and resisted by 187.58. This indicates a trading range where 174.07 provides a floor, preventing declines, and 187.58 acts as a ceiling, limiting further price increases for NIACL. 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 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. 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 stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals. Stochastic chart for The New India Assurance Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Tripple SMA chart for The New India Assurance Company Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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