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Technicals for Nuvama Wealth Management Limited
By MusingTheNews
2026-02-03 20:50
Overall Technical outlook
Price Summary
On 2026-02-03, Nuvama Wealth Management Limited's stock started at 1350.0, soared to 1385.0, dropped to 1336.8, and finished the day 0.85% up at 1361.5, with a trading volume of 457779 shares. The top price for the stock in the last 52 weeks is 8287.5, with the bottom price being 1265.2. 8 analysts predict that the future price of NUVAMA will be in the range of 1380.0 to 2035.0, with a mean expected price of about 1712.25.
Technicals
Support and Resistance: The current price sits at 1361.5, supported at 1265.2 and capped by resistance at 1461.0. These levels define a range for NUVAMA where the price might stabilize, with 1265.2 as a floor and 1461.0 as a ceiling. Support/Resistance for NUVAMA
Aroon: The current reading of the AROON is neutral for NUVAMA, 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. Aroon chart for Nuvama Wealth Management Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Nuvama Wealth Management Limited
Parabolic SAR: The PSAR remains bearish for Nuvama Wealth Management Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Nuvama Wealth Management Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Nuvama Wealth Management Limited
Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction. Tripple SMA chart for Nuvama Wealth Management 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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