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Technicals for Safari Industries (India) Limited
By MusingTheNews
2026-02-03 20:55
Overall Technical outlook
Price Summary
The stock of SAFARI surged 3.45% today, reflecting a stellar market performance. On 2026-02-03, Safari Industries (India) Limited's shares started at 2014.5, peaked at 2099.0, bottomed out at 1997.8, and ended 3.45% higher at 2083.9, with 125348 shares traded. The peak price for the stock in the past 52 weeks is 2492.6, with the lowest price being 1880.35. 10 analysts predict that the future price of SAFARI will be in the range of 2186.0 to 2850.0, with a mean expected price of about 2656.4.
Technicals
Support and Resistance: With the current price at 2083.9, support is found at 2064.6 and resistance at 2154.3. These levels indicate where buyers might step in at 2064.6, while sellers could limit gains at 2154.3, defining a trading boundary for Safari Industries (India) Limited. Support/Resistance for SAFARI
Aroon: The AROON 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 SAFARI, with no strong trend emerging. Aroon chart for Safari Industries (India) Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Safari Industries (India) Limited
Parabolic SAR: The PSAR for SAFARI maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Safari Industries (India) Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Safari Industries (India) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Safari Industries (India) Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Safari Industries (India) Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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