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Technicals for Tata Elxsi Limited
By MusingTheNews
2025-08-13 21:00
Overall Technical outlook
Price Summary
On 2025-08-12, Tata Elxsi Limited's shares started at 5683.0, peaked at 5730.0, bottomed out at 5611.0, and ended -1.15% lower at 5617.5, with 92682 shares traded. The stock reached its highest price of 8971.4 and lowest price of 4752.05 over the last 52 weeks. 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 sits at 5617.5, supported by 5496.95 and resisted by 6174.0. This indicates a trading range where 5496.95 provides a floor, preventing declines, and 6174.0 acts as a ceiling, limiting further price increases for TATAELXSI. Support/Resistance for TATAELXSI
Aroon: Aroon's bearish trend continues, with Aroon Down staying at the 100 level. This persistent downward pressure suggests further declines, but further analysis with other indicators is needed to confirm the trend's potential impact for Tata Elxsi Limited. Aroon chart for Tata Elxsi Limited
Bol. Bands: The current price has moved under the lower Bollinger Band, signaling a potential oversold state. This decline indicates that selling pressure has driven prices below what is typically considered a lower boundary. The breach could suggest a continuation of the bearish trend, but it also might signal an upcoming reversal if buyers begin to see value at these lower levels for TATAELXSI. Bolinger Bands chart for Tata Elxsi Limited
Parabolic SAR: The PSAR remains bearish for Tata Elxsi Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise. Parabolic Stop and Reverse chart for Tata Elxsi Limited
Stochastic: The Stochastic K-line for TATAELXSI is now below the D-line and under 20, reflecting a mildly bearish signal. This suggests that the market could see some downside pressure, but the bearish sentiment is not yet dominant. Traders should be aware of this and monitor the situation closely. Stochastic chart for Tata Elxsi Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Tata Elxsi Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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