Highlights

In conclusion, the technical analysis of TRENT.NS on January 21, 2025, outlines a strong bearish sentiment driven by its performance on key technical indicators, and traders should proceed with caution.

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NSE Nifty 50 Top losers: What are the 5 Biggest Stock losers Today January 21, 2025

On January 21, 2025, TRENT.NS emerged as the top loser in the Nifty 50 market, experiencing a -5.80% change and a points drop of -353.05. This steep decline positions TRENT.NS as a focal point for the day's market analysis.
NSE Nifty 50 Top losers: What are the 5 Biggest Stock losers Today January 21, 2025

In this article, we will explore the technical indicators of some of the low-performing stocks on the Indian stock market, including ADANIPORTS.NS, ICICIBANK.NS, NTPC.NS, SBIN.NS, and TRENT.NS.

By looking at these stocks through the lens of key technical factors, we aim to better understand their price movements, trends, and potential future performance.

Stock Performance for January 21, 2025: On January 21, 2025, ADANIPORTS.NS opened at 1150.0, reached a high of 1154.25, and a low of 1104.0, before closing at 1106.20. The percentage change for the day was -3.70%, and the stock registered a points change of -42.5. ADANIPORTS.NS performance

RSI Insight: The RSI value of 1156.10 suggests an unusually overbought condition for ADANIPORTS.NS, as it is well above the traditional overbought threshold of 70. This might imply potential corrections or a pullback. ADANIPORTS.NS RSI

MACD Analysis: The MACD stands at -19.13 while the signal line is at -17.97. Since the MACD is below the signal line, it indicates a bearish crossover, which may suggest a negative trend continuation. ADANIPORTS.NS MACD

Moving Averages Relationship: ADANIPORTS.NS is trading below its 50-EMA (1185.99) and 200-EMA (1139.58), suggesting a bearish trend. Additionally, the low 10-EMA (37.25) compared to 20-EMA (1174.78) reflects recent short-term volatility and downward pressure.

Stock Performance on January 21, 2025: The stock "ICICIBANK.NS" opened at 1236.95, reached a high of 1238.95, and a low of 1192.70 before closing at 1196.15. This marks a percentage change of -2.98% and a points change of -36.80 from the previous close of 1232.95. ICICIBANK.NS Stock Performance

RSI Analysis: The RSI value is 1253.88, which is highly exaggerated and suggests a need for data review, but often RSI interpretations designate above 70 as overbought and below 30 as oversold. This interpretation may not apply due to value mismatch. ICICIBANK.NS RSI Analysis

MACD Analysis: The MACD is valued at -18.06 with a signal line at -13.94. The negative MACD and signal line suggest a bearish momentum, indicating potential further declines if the MACD remains below the signal line. ICICIBANK.NS MACD Analysis

Moving Averages Trend Analysis: The stock is trading below its 10-EMA, 20-EMA, 50-EMA, and 200-EMA, suggesting a bearish trend. The recent price is significantly below the 50-EMA of 1279.68 and the 200-EMA of 1237.23, indicating potential weakness in the stock's momentum.

Stock Performance on January 21, 2025: The stock NTPC.NS opened at ₹337.80 and closed at ₹324.30, showing a price movement with a high of ₹338.25 and a low of ₹323.80. This resulted in a percentage change of -3.50% and a points change of -11.75.

Stock Performance Image

RSI Analysis: The RSI value stands at 326.60, which is misleading because RSI typically ranges from 0 to 100. Generally, RSI below 30 is considered oversold, indicating potential buying opportunities, while above 70 is overbought, suggesting selling opportunities.

RSI Image

MACD Analysis: The MACD value is -3.38, with a signal line of -4.72. Observing a crossover where the MACD line is above the signal line suggests a potential bullish trend. Conversely, the current scenario suggests a bearish outlook as the MACD is below the signal line.

MACD Image

Moving Averages Discussion: Currently, the stock is trading below its 10-EMA (44.37) and 20-EMA (331.01), as well as the 50-EMA (334.24), but is close to its 200-EMA (324.29). This positioning indicates an immediate bearish trend as it is declining below short-term averages but maintaining proximity to the longer-term 200-day EMA, which is often considered as a support level in times of bearish market conditions.

Stock Performance on January 21, 2025:
The stock symbol "SBIN.NS" experienced a price drop from its previous close of ₹779.25 to a closing price of ₹759.05. This represents a decrease of ₹20.20, or -2.59%.
SBIN.NS Stock Performance Chart

RSI (Relative Strength Index) Analysis:
The RSI for SBIN.NS is 774.90, which typically suggests an overbought condition, indicating that the stock might be overvalued and a price correction could be imminent.
SBIN.NS RSI Chart

MACD (Moving Average Convergence Divergence) Analysis:
The MACD value is -12.35, with a signal line of -13.87. A minor crossover observed signals a potential bearish trend, which can be significant for investors watching for further price declines.
SBIN.NS MACD Chart

Relationship with Key Moving Averages:
SBIN.NS is currently trading below its 50-EMA of 798.09 and the 200-EMA of 765.18, indicating bearish momentum. The 10-EMA being much lower at 38.50 indicates recent volatility and potential downside pressure. Overall, the stock's trend appears negative at present.

Stock Performance for January 21, 2025: The stock TRENT.NS opened at ₹6090.60, reached a high of ₹6109.00, a low of ₹5723.30, and closed at ₹5736.95. The stock experienced a percentage change of -5.80%, resulting in a points change of -353.05 from the previous close of ₹6090.00. TRENT.NS Performance

RSI (Relative Strength Index) Analysis: The RSI of TRENT.NS is valued at 6504.65, which typically indicates a very high measurement beyond the traditional RSI range of 0-100. However, this suggests that a recalibration might be required, implying a possible overbought condition had it been in the correct range, pointing to potential downward pressure on the stock. TRENT.NS RSI

MACD Analysis: The MACD for TRENT.NS is -229.38, with a MACD Signal of -144.46. The negative value of the MACD and being below the signal line suggest a bearish trend. A crossover below the signal line signifies potential for further decline as bearish momentum strengthens. TRENT.NS MACD

Moving Averages and Trend Analysis: TRENT.NS is notably below its 10-EMA (₹24.43), 20-EMA (₹6681.79), 50-EMA (₹6767.38), and 200-EMA (₹6278.86), indicating a pronounced bearish trend. The current position below these averages reflects a bearish momentum and suggests further downside potential if these levels are not reclaimed.

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