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Technicals for The Tata Power Company Limited
By MusingTheNews
2025-04-25 20:57
Overall Technical outlook
Price Summary
On 2025-04-25, TATAPOWER's stock started at 394.5, reached a high of 402.5, fell to 382.15, and ended -1.75% lower at 387.6, with 14231588 shares traded. In the past year, the highest stock price was 485.5, and the lowest was 337.15. 23 analysts predict that the future price of TATAPOWER will be in the range of 265.0 to 560.0, with a mean expected price of about 418.9565.
Technicals
Support and Resistance: The price of 387.6 is supported at 374.45 and encounters resistance at 396.65. This suggests key levels where the price might find stability, with 374.45 providing a base and 396.65 acting as an upper boundary for TATAPOWER. Support/Resistance for TATAPOWER
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for TATAPOWER. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential. Aroon chart for The Tata Power Company Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for The Tata Power Company Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for The Tata Power Company Limited
Stochastic: The K-line has dropped below the D-line on the stochastic indicator while staying above 80, suggesting that a bearish price move may be beginning. This pattern indicates that the market's upward momentum is weakening, potentially leading to a reversal. Investors should stay alert for additional signs of a downturn. Stochastic chart for The Tata Power Company Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for The Tata Power Company Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's 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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