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Technicals for UltraTech Cement Limited
By MusingTheNews
2025-07-16 20:58
Overall Technical outlook
Price Summary
On 2025-07-16, UltraTech Cement Limited's stock opened at 12504.0, reached 12515.0, hit a low of 12398.0, and rose -0.41% to close at 12453.0, with 156308 shares traded. Over the past year, the stock's highest price was 12562.0, and its lowest was 10128.45. 40 analysts suggest that ULTRACEMCO's future price will lie between 7350.0 and 15210.0, with an average expected price of roughly 12983.15.
Technicals
Support and Resistance: At 12453.0, the price is supported at 12398.0 and faces resistance at 12398.0. This range suggests that the price for ULTRACEMCO might stay between these levels, with 12398.0 acting as a floor and 12398.0 as a ceiling. Support/Resistance for ULTRACEMCO
Aroon: The current state of the AROON 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. Aroon chart for UltraTech Cement Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for UltraTech Cement Limited
Parabolic SAR: The PSAR remains bearish for UltraTech Cement Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for UltraTech Cement Limited
Stochastic: The stochastic indicator reflects the K-line falling below the D-line, though it remains above 80, hinting at the possible start of a bearish price move. This suggests that the market may be losing its recent strength, with a potential decline ahead. Traders should be on the lookout for further evidence of a bearish trend for UltraTech Cement Limited. Stochastic chart for UltraTech Cement Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for ULTRACEMCO. Tripple SMA chart for UltraTech Cement 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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