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Technicals for Tata Elxsi Limited
By MusingTheNews
2026-02-03 20:58
Overall Technical outlook
Price Summary
On 2026-02-02, TATAELXSI's stock began at 5448.0, peaked at 5450.5, dipped to 5344.0, and closed up -0.15% at 5440.0, with a volume of 192305 shares. Throughout the 52-week period, the stock hit a high of 6705.0 and a low of 4752.05. The price projection is between 4130.0 and 6300.0, with an average expected price around 5028.5, according to 16 analysts.
Technicals
Support and Resistance: The price of 5440.0 is supported at 5234.0 and encounters resistance at 5451.0. This suggests key levels where the price might find stability, with 5234.0 providing a base and 5451.0 acting as an upper boundary for TATAELXSI. Support/Resistance for TATAELXSI
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Tata Elxsi 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 Tata Elxsi Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Tata Elxsi Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Tata Elxsi Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Tata Elxsi Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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