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Technicals for Solar Industries India Limited
By MusingTheNews
2025-07-16 20:54
Overall Technical outlook
Price Summary
Solar Industries India Limited's stock opened at 15240.0 on 2025-07-15, surged to 15493.0, dropped to 15213.0, and ended 0.83% higher at 15366.0, with 131835 shares traded. In the 52-week period, the stock's peak price is 17598.0, and the lowest price recorded is 8609.2. The anticipated price is forecasted to be between 14815.0 and 17500.0, with an average price expectation of 15939.0, based on input from 5 analysts.
Technicals
Support and Resistance: The price for SOLARINDS at 15366.0 is supported by the 14025.0 level and faces resistance at 16523.0. This range indicates key levels where the price may find buyers near 14025.0 and sellers near 16523.0, defining a trading range. Support/Resistance for SOLARINDS
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Solar Industries India Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, having previously been lower than the band. This upward crossover suggests that the market may be recovering from oversold conditions, indicating a potential shift in momentum. The move could signal the beginning of a recovery or a weakening of the bearish trend, with the possibility of a more positive outlook on the horizon. Bolinger Bands chart for Solar Industries India Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Solar Industries India Limited. Parabolic Stop and Reverse chart for Solar Industries India Limited
Stochastic: The Stochastic K-line for SOLARINDS has moved below the D-line and sits under 20, indicating a mildly bearish signal. This suggests that the market might experience some weakness, though the bearish sentiment is not particularly strong. Investors should stay alert for any additional signals. Stochastic chart for Solar Industries India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Solar Industries India 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.
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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