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Technicals for Tata Elxsi Limited
By MusingTheNews
2025-10-17 20:58
Overall Technical outlook
Price Summary
Tata Elxsi Limited's stock, on 2025-10-17 opened at 5403.5, climbed to a high of 5420.0, dropped to a low of 5335.5, and closed up -0.63% at 5369.5, with 193889 shares traded. The stock's highest value over the last 52 weeks is 7409.2, and the lowest value is 4752.05. Analysts expect the price of TATAELXSI to vary between 3800.0 and 5670.0, with an average expected price near 4667.4.
Technicals
Support and Resistance: The price of 5369.5 is supported at 5234.0 and encounters resistance at 5451.0. This suggests key levels where the price might find stability, with 5234.0 providing a base and 5451.0 acting as an upper boundary for TATAELXSI. Support/Resistance for TATAELXSI
Aroon: The AROON 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. Aroon chart for Tata Elxsi Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Tata Elxsi Limited
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong. Parabolic Stop and Reverse chart for Tata Elxsi Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Tata Elxsi Limited
Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for TATAELXSI. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend. Tripple SMA chart for Tata Elxsi Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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