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Technicals for Tata Teleservices (Maharashtra) Limited
By MusingTheNews
2025-05-30 20:59
Overall Technical outlook
Price Summary
With a -2.46% collapse, Tata Teleservices (Maharashtra) Limited enjoyed a mediocre day in the stock market. Tata Teleservices (Maharashtra) Limited's stock began trading at 74.75 on 2025-05-30, soared to 75.25, dipped to 72.22, and finished the day -2.46% lower at 72.91, with 7988391 shares exchanged. The stock's peak price over the last 52 weeks is 106.07, with the lowest being 53.92.
Technicals
Support and Resistance: The price for TTML at 72.91 finds support at 66.05 and resistance at 75.49. This suggests a trading range, where 66.05 serves as a support level and 75.49 acts as a resistance point, potentially capping further gains. Support/Resistance for TTML
Aroon: The AROON is in a neutral stance for TTML, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Tata Teleservices (Maharashtra) Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Tata Teleservices (Maharashtra) 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 Teleservices (Maharashtra) 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 Teleservices (Maharashtra) Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Tata Teleservices (Maharashtra) Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Tata Teleservices (Maharashtra) Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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