Overall Technical outlook

Price Summary

Sundram Fasteners Limited's stock started the year at 1015.0, climbed to a high of 1030.95, fell to 1014.95, and closed 1.13% higher at 1026.5, with 111836 shares traded on 2025-05-30.
Over the previous 52 weeks, the stock reached a high of 1479.45 and a low of 848.6.
Based on recommendations from 3 analysts, the future price of SUNDRMFAST is expected to range from 980.0 to 1576.0, with an average price expectation around 1262.3334.

Technicals

Support and Resistance: The current price of 1026.5 for SUNDRMFAST is supported at 976.15 and faces resistance at 1045.4. These levels indicate that 976.15 could act as a floor, while 1045.4 might limit any further price increases.
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Support/Resistance for SUNDRMFAST


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Aroon chart for Sundram Fasteners Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Bolinger Bands chart for Sundram Fasteners Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Sundram Fasteners Limited


Stochastic: The stochastic indicator for SUNDRMFAST shows a bullish signal, with the K-line positioned above the D-line and also above the 80 mark. This suggests strong upward momentum, indicating that the market may continue to trend higher. Traders might view this as a sign of continued strength and potential buying opportunities.
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Stochastic chart for Sundram Fasteners 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.
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Tripple SMA chart for Sundram Fasteners Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.