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Technicals for Tube Investments of India Limited
By MusingTheNews
2025-04-25 20:58
Overall Technical outlook
Price Summary
Tube Investments of India Limited's stock tumbled -3.07% today, marking a lacklustre performance in the market. On 2025-04-25, TIINDIA's stock opened at 2655.5, reached a peak of 2666.0, dropped to 2552.4, and ended -3.07% down at 2573.9, with a volume of 575593 shares. The stock reached its highest price of 4716.6 and lowest price of 2462.15 over the last 52 weeks. TIINDIA's future price is expected to lie between 3032.0 and 4516.0, with an average expectation of 3586.5, as per the recommendations of 6 analysts.
Technicals
Support and Resistance: At 2573.9, the price is supported at 2462.15 and faces resistance at 2685.65. This range suggests that the price for TIINDIA might stay between these levels, with 2462.15 acting as a floor and 2685.65 as a ceiling. Support/Resistance for TIINDIA
Aroon: The AROON 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. Aroon chart for Tube Investments of India Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Tube Investments of India Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Tube Investments of India Limited
Stochastic: The STOCHASTIC is in a neutral stance for TIINDIA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Tube Investments of India Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for TIINDIA. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted. Tripple SMA chart for Tube Investments of India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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