Overall Technical outlook

Price Summary

On 2025-05-30, Tata Elxsi Limited's stock opened at 6512.5, reached a high of 6520.0, dropped to a low of 6395.5, and closed down -1.12% at 6439.5, with a trading volume of 209133 shares.
Over the previous 52 weeks, the stock reached a high of 8971.4 and a low of 4752.05.
The expected price range is between 4100.0 and 7010.0, with a mean anticipated price of 4827.5713, according to 14 analysts.

Technicals

Support and Resistance: The price of 6439.5 is supported at 6174.0 and faces resistance at 6439.95. This range suggests key levels for TATAELXSI where the price may stabilize, with 6174.0 acting as a support and 6439.95 as a cap on gains.
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Support/Resistance for TATAELXSI


Aroon: The current state of the AROON is neutral for TATAELXSI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Tata Elxsi Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for Tata Elxsi Limited


Parabolic SAR: The PSAR continues to be bullish for TATAELXSI, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Tata Elxsi Limited


Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, indicating that a bearish price move may be imminent. This suggests that the market's upward momentum is faltering, which could result in a downward shift. Investors should pay attention to this potential change in direction.
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Stochastic chart for Tata Elxsi Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Tripple SMA chart for Tata Elxsi Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.