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Technicals for Tata Elxsi Limited
By MusingTheNews
2025-07-16 20:56
Overall Technical outlook
Price Summary
Tata Elxsi Limited's stock started the year at 6439.5, climbed to a high of 6439.5, fell to 6296.0, and closed -2.0% lower at 6311.0, with 160805 shares traded on 2025-07-16. Throughout the 52-week period, the stock hit a high of 8971.4 and a low of 4752.05. Future price predictions suggest a range between 4130.0 and 7010.0, with an average expected price of 4845.7334, as per 15 analysts.
Technicals
Support and Resistance: The price for TATAELXSI is 6311.0, with support at 6174.0 and resistance at 6499.5. This suggests a range where 6174.0 acts as a base, preventing declines, and 6499.5 caps gains, defining key trading levels. Support/Resistance for TATAELXSI
Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction. Aroon chart for Tata Elxsi Limited
Bol. Bands: The current price crossing below the upper Bollinger Band indicates a possible downward shift for TATAELXSI. This signal might suggest that the asset is losing bullish momentum and could be preparing for a decline. Traders often view this as an early warning of an overbought condition, where the price correction is likely, making it a crucial point for evaluating potential short positions. Bolinger Bands chart for Tata Elxsi Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Tata Elxsi Limited
Stochastic: The stochastic indicator is currently bullish, with the K-line exceeding both the D-line and the 80 level. This configuration indicates robust upward momentum, suggesting that the market may experience further gains. Investors may interpret this as a positive signal for continued upward movement. Stochastic chart for Tata Elxsi Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG 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. Tripple SMA chart for Tata Elxsi Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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