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Technicals for Tube Investments of India Limited
By MusingTheNews
2025-06-13 20:59
Overall Technical outlook
Price Summary
Tube Investments of India Limited's stock started the year at 2910.0, climbed to a high of 3023.5, fell to 2895.0, and closed 0.9% up at 2936.2, with 226246 shares traded on 2025-06-13. In the past year, the highest stock price was 4716.6, and the lowest was 2462.15. 6 analysts suggest that TIINDIA's future price will lie between 3032.0 and 4516.0, with an average expected price of roughly 3586.5.
Technicals
Support and Resistance: With the current price at 2936.2, support is found at 2891.3 and resistance at 3027.6. These levels indicate where buyers might step in at 2891.3, while sellers could limit gains at 3027.6, defining a trading boundary for Tube Investments of India Limited. Support/Resistance for TIINDIA
Aroon: Aroon's bearish trend continues, with Aroon Down maintaining its position at the 100 level. This sustained bearish momentum suggests potential ongoing declines. However, to fully understand the trend's implications, it's important to analyze it alongside other indicators to gain a comprehensive view of the market. Aroon chart for Tube Investments of India Limited
Bol. Bands: Since the last move, the price has consistently stayed below the lower Bollinger Band, signaling ongoing bearish momentum. This position suggests that the market may be in an oversold state, with significant downward pressure at play. The extended stay in this zone indicates that the bearish trend might continue, making it a critical area for traders to watch for potential reversals or further declines. Bolinger Bands chart for Tube Investments of India Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. 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 current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for Tube Investments of India 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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