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Technicals for UltraTech Cement Limited
By MusingTheNews
2025-12-12 21:01
Overall Technical outlook
Price Summary
UltraTech Cement Limited's stock surged 2.02% today, marking a phenomenal performance in the market. 2025-12-12, saw ULTRACEMCO's stock open at 11491.0, hit a peak of 11738.0, fall to a low of 11481.0, and close higher 2.02% at 11723.0, with 389468 shares changing hands. The stock's peak price over the last 52 weeks is 12874.0, with the lowest being 10128.45. The future price of ULTRACEMCO is projected to range from 7600.0 to 15410.0, with an average expected price of 13719.15, according to 40 analysts.
Technicals
Support and Resistance: The price for ULTRACEMCO at 11723.0 is supported by the 11666.0 level and faces resistance at 12113.0. This range indicates key levels where the price may find buyers near 11666.0 and sellers near 12113.0, defining a trading range. Support/Resistance for ULTRACEMCO
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for UltraTech Cement Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for ULTRACEMCO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for UltraTech Cement Limited
Parabolic SAR: The PSAR for ULTRACEMCO remains bearish, establishing a key resistance level that could hinder upward movement. This ongoing bearish outlook suggests that the market may face challenges in breaking higher, with the resistance level acting as a barrier to potential gains. Parabolic Stop and Reverse chart for UltraTech Cement Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for UltraTech Cement Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend. Tripple SMA chart for UltraTech Cement Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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