Overall Technical outlook

Price Summary

2026-02-03, saw POWERINDIA's stock open at 19900.0, hit a peak of 20500.0, fall to a low of 19512.0, and close lower -1.0% at 19701.0, with 214995 shares changing hands.
Over the past year, the stock's highest price was 22755.0, and its lowest was 10494.1.
POWERINDIA's future price is expected to lie between 17400.0 and 26600.0, with an average expectation of 22733.309, as per the recommendations of 13 analysts.

Technicals

Support and Resistance: At 19701.0, the price for POWERINDIA is supported at 19109.0 and resisted at 20863.0. This indicates a trading range where 19109.0 serves as a support level, potentially preventing further decline, while 20863.0 could limit upward movement.
POWERINDIA supportResistance dd6301
Support/Resistance for POWERINDIA


Aroon: The continuation of Aroon's bullish trend, with Aroon Up at the 100 level, signals ongoing strength. To fully understand the implications of this trend, it should be examined further in conjunction with other technical indicators.
POWERINDIA aroon dd6301
Aroon chart for Hitachi Energy India Limited


Bol. Bands: As the price falls below the upper Bollinger Band, it suggests a potential shift to a downward trend. This movement may indicate that the asset's recent uptrend is losing steam, prompting traders to anticipate a decline. Such a signal could be interpreted as a warning of an overbought condition, where the price correction is likely, making it a critical juncture for trading decisions.
POWERINDIA bbands dd6301
Bolinger Bands chart for Hitachi Energy India Limited


Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for POWERINDIA.
POWERINDIA psar dd6301
Parabolic Stop and Reverse chart for Hitachi Energy India Limited


Stochastic: The stochastic indicator reflects bullish conditions, with the K-line above both the D-line and the 80 mark. This setup suggests that the market has strong upward momentum, likely leading to further gains. Traders may consider this a signal of continued strength in the market.
POWERINDIA stoch dd6301
Stochastic chart for Hitachi Energy India Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
POWERINDIA trippleSMA dd6301
Tripple SMA chart for Hitachi Energy India Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.