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Technicals for NLC India Limited
By MusingTheNews
2025-07-16 20:47
Overall Technical outlook
Price Summary
NLC India Limited's stock jumped 3.81% today, marking a outstanding performance in the market. On 2025-07-16, NLC India Limited's stock opened at 229.65, spiked to 239.9, declined to 228.76, and closed 3.81% up at 238.4, with 4494850 shares traded. Over the past 52 weeks, the stock reached a maximum price of 293.73 and a minimum price of 194.28.
Technicals
Support and Resistance: The price sits at 238.4, supported by 231.66 and resisted by 245.97. This indicates a trading range where 231.66 provides a floor, preventing declines, and 245.97 acts as a ceiling, limiting further price increases for NLCINDIA. Support/Resistance for NLCINDIA
Aroon: The AROON indicator is currently showing a strong bullish trend. The Aroon Up has moved higher, and the Aroon Oscillator has reversed its direction, signaling a potential reversal to an upward trend. This combination suggests that the price for NLCINDIA is experiencing a significant shift toward bullish momentum, with indicators pointing to continued upward movement in the near future. Aroon chart for NLC India Limited
Bol. Bands: The latest price movement has seen the current price for NLCINDIA cross above the upper Bollinger Band, indicating a bullish trend. This breakout suggests that buying pressure is pushing prices higher, potentially leading to further gains. Such a move is often seen as a sign of strengthening market momentum. Bolinger Bands chart for NLC India Limited
Parabolic SAR: The PSAR continues to be bullish for NLCINDIA, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for NLC India Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for NLCINDIA, with no strong trend emerging. Stochastic chart for NLC India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for NLC India Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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