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Technicals for Safari Industries (India) Limited
By MusingTheNews
2025-07-16 20:52
Overall Technical outlook
Price Summary
On 2025-07-15, Safari Industries (India) Limited's stock opened at 2188.0, reached a high of 2225.2, dropped to a low of 2177.1, and closed higher 0.8% at 2205.4, with a trading volume of 9716 shares. In the last 52 weeks, the stock's top price was 2723.75 and the bottom price was 1880.35. Analysts expect the price of SAFARI to vary between 2100.0 and 2740.0, with an average expected price near 2514.2222.
Technicals
Support and Resistance: The current price of 2205.4 for SAFARI is supported at 2202.3 and faces resistance at 2351.0. These levels indicate that 2202.3 could act as a floor, while 2351.0 might limit any further price increases. Support/Resistance for SAFARI
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 Safari Industries (India) Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Safari Industries (India) Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Safari Industries (India) Limited
Stochastic: The current reading of the STOCHASTIC is neutral for SAFARI, 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. Stochastic chart for Safari Industries (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 Safari Industries (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.
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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