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Technicals for Tata Chemicals Limited
By MusingTheNews
2026-02-03 20:58
Overall Technical outlook
Price Summary
Tata Chemicals Limited had a lousy day at the stock market, and its shares sank -4.17%. Tata Chemicals Limited's stock, on 2026-02-03 opened at 757.0, climbed to a high of 764.9, dropped to a low of 721.5, and closed up -4.17% at 725.4, with 731876 shares traded. The stock reached its highest price of 1005.15 and its lowest price of 693.8 during the 52-week period. Analysts expect the price of TATACHEM to vary between 780.0 and 1082.0, with an average expected price near 874.2222.
Technicals
Support and Resistance: The current price of 725.4 is supported at 693.8, with resistance at 755.9. This suggests that the price for TATACHEM might remain between these levels, where 693.8 acts as a floor and 755.9 as a ceiling in the market. Support/Resistance for TATACHEM
Aroon: The AROON is currently in a neutral position for Tata Chemicals 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. Aroon chart for Tata Chemicals Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Tata Chemicals Limited
Parabolic SAR: The PSAR has recently reversed from bearish to bullish, suggesting a possible upward trend. If this move is confirmed by other indicators, it could indicate a strong bullish signal. Investors may want to consider this as a potential opportunity, especially if additional trends support the PSAR's new direction. Parabolic Stop and Reverse chart for Tata Chemicals Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Tata Chemicals Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Tata Chemicals Limited
Tripple Moving Agerage: The moving averages for the 20-50-100 periods indicate a bullish trend, though the slopes of the faster averages suggest that this trend may not last. The weakening signals from the shorter-term averages point to a potential reversal, indicating that the current upward momentum could be approaching a turning point. Tripple SMA chart for Tata Chemicals Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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