Overall Technical outlook

Price Summary

A -5.66% plunge in Tata Elxsi Limited's stock marked an mediocre day on the market.
On 2025-04-25, Tata Elxsi Limited's stock began at 5949.5, peaked at 5958.0, bottomed at 5593.0, and closed -5.66% lower at 5612.5, with a volume of 609981 shares.
For the 52-week period, the stock's highest price is 8971.4, and the lowest price is 4752.05.
The price projection is between 4100.0 and 7010.0, with an average expected price around 4876.615, according to 13 analysts.

Technicals

Support and Resistance: The current price of 5612.5 is supported at 5496.95, with resistance at 5941.6. This suggests that the price for TATAELXSI might remain between these levels, where 5496.95 acts as a floor and 5941.6 as a ceiling in the market.
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Support/Resistance for TATAELXSI


Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential.
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Aroon chart for Tata Elxsi Limited


Bol. Bands: The price moving below the upper Bollinger Band could be an early warning of a decline. This signal suggests that the asset is overbought and that a price correction is likely. Traders might interpret this as a sign that the bullish momentum is fading, making it a crucial moment for reevaluating trading strategies and considering potential short positions.
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Bolinger Bands chart for Tata Elxsi Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
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Parabolic Stop and Reverse chart for Tata Elxsi Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, though it remains above 80, hinting at the possible start of a bearish price move. This suggests that the market may be losing its recent strength, with a potential decline ahead. Traders should be on the lookout for further evidence of a bearish trend for Tata Elxsi Limited.
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Stochastic chart for Tata Elxsi Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Tata Elxsi Limited. This suggests a period of market balance, where neither side is showing dominance.
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Tripple SMA chart for Tata Elxsi Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.