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Technicals for The Tata Power Company Limited
By MusingTheNews
2025-05-30 20:59
Overall Technical outlook
Price Summary
On 2025-05-30, The Tata Power Company Limited's stock started at 397.0, soared to 399.9, dropped to 391.1, and finished the day -1.06% lower at 392.8, with a trading volume of 6600121 shares. During the past 52 weeks, the highest stock price was 485.5, and the lowest was 337.15. Future price predictions suggest a range between 265.0 and 560.0, with an average expected price of 418.52173, as per 23 analysts.
Technicals
Support and Resistance: The current price is 392.8, with support at 374.45 and resistance at 396.65. This range suggests that the price might move between these levels, with 374.45 offering support and 396.65 capping further gains for The Tata Power Company Limited. Support/Resistance for TATAPOWER
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for The Tata Power Company 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. Bolinger Bands chart for The Tata Power Company Limited
Parabolic SAR: The PSAR has reversed from bullish to bearish, signaling a potential trend reversal for TATAPOWER. This shift could indicate a strong bearish trend if supported by other market indicators. Traders should be vigilant and wait for further signs of a downturn before making decisions. Parabolic Stop and Reverse chart for The Tata Power Company Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for The Tata Power Company Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for The Tata Power Company Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for The Tata Power Company Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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