Overall Technical outlook

Price Summary

A 3.18% boost in Nuvama Wealth Management Limited's stock marked an robust day on the market.
Nuvama Wealth Management Limited's stock began trading at 6972.5 on 2025-05-30, soared to 7310.0, dipped to 6959.5, and finished the day 3.18% higher at 7194.5, with 422171 shares exchanged.
Over the course of 52 weeks, the stock peaked at 7393.95 and hit a low of 4410.0.
The projected price range for Nuvama Wealth Management Limited is between 6025.0 and 8850.0, with an expected mean price of 7645.7144, according to 7 analysts.

Technicals

Support and Resistance: The current price sits at 7194.5, supported at 6885.7 and capped by resistance at 7297.35. These levels define a range for NUVAMA where the price might stabilize, with 6885.7 as a floor and 7297.35 as a ceiling.
NUVAMA supportResistance 457b5a
Support/Resistance for NUVAMA


Aroon: The continuation of Aroon's bullish trend, with Aroon Up holding at the 100 level, points to strong market momentum. However, to fully understand the trend's implications, it should be analyzed further in conjunction with other indicators.
NUVAMA aroon 457b5a
Aroon chart for Nuvama Wealth Management 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.
NUVAMA bbands 457b5a
Bolinger Bands chart for Nuvama Wealth Management 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.
NUVAMA psar 457b5a
Parabolic Stop and Reverse chart for Nuvama Wealth Management Limited


Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Nuvama Wealth Management Limited, which could result in a reversal. Investors should pay attention to this potential change in trend.
NUVAMA stoch 457b5a
Stochastic chart for Nuvama Wealth Management Limited


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
NUVAMA trippleSMA 457b5a
Tripple SMA chart for Nuvama Wealth Management Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.