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Technicals for Tata Consumer Products Limited
By MusingTheNews
2026-02-03 20:58
Overall Technical outlook
Price Summary
In today's trading session, TATACONSUM's shares soared by 2.97%, marking a fantastic day. On 2026-02-02, TATACONSUM's stock opened at 1092.9, reached a peak of 1132.7, dropped to 1084.0, and ended 2.97% higher at 1125.4, with a volume of 1776664 shares. The stock's highest price over the 52-week span is 1212.6, while the lowest price is 940.45. 29 analysts suggest that TATACONSUM's future price will lie between 1097.0 and 1475.0, with an average expected price of roughly 1289.1724.
Technicals
Support and Resistance: The price currently sits at 1125.4, finding support at 1105.3 and resistance at 1142.1. These levels define a range for Tata Consumer Products Limited where the price may move, with 1105.3 offering a base and 1142.1 limiting upward momentum. Support/Resistance for TATACONSUM
Aroon: The continuation of Aroon's bearish trend, with Aroon Down remaining at 100, indicates sustained market weakness for Tata Consumer Products Limited. To fully assess the implications of this trend, it should be examined in conjunction with other technical indicators. Aroon chart for Tata Consumer Products Limited
Bol. Bands: The current price has moved above the lower Bollinger Band after previously being positioned below it. This upward movement suggests that the market might be recovering from oversold levels. The crossover could signal a weakening of the bearish trend and potentially indicate the start of a new bullish phase or at least a temporary stabilization for Tata Consumer Products Limited. Bolinger Bands chart for Tata Consumer Products Limited
Parabolic SAR: The PSAR continues its bearish trend for Tata Consumer Products Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Tata Consumer Products 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 Tata Consumer Products Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish pattern, with their slopes confirming the strength of this trend for TATACONSUM. The ongoing downward movement in these averages suggests a strong bearish momentum in the market. This alignment and the reinforcing slopes indicate a continuing bearish trend, with the market likely to remain under pressure and the downtrend expected to persist. Tripple SMA chart for Tata Consumer Products Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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