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Technicals for Tata Teleservices (Maharashtra) Limited
By MusingTheNews
2025-06-13 20:57
Overall Technical outlook
Price Summary
TTML's shares experienced a significant -3.96% plunge, indicating a lacklustre market performance. On 2025-06-13, Tata Teleservices (Maharashtra) Limited's stock opened at 74.55, reached 74.75, hit a low of 69.0, and rose -3.96% to close at 71.6, with 21137227 shares traded. The stock's peak price over the last 52 weeks is 106.07, with the lowest being 53.92.
Technicals
Support and Resistance: The current price sits at 71.6, supported at 66.05 and capped by resistance at 75.49. These levels define a range for TTML where the price might stabilize, with 66.05 as a floor and 75.49 as a ceiling. Support/Resistance for TTML
Aroon: The continuation of Aroon's bearish trend, with Aroon Down still at the 100 level, indicates strong bearish pressure. However, further analysis with additional indicators is essential to better understand the trend's potential impact on the market. Aroon chart for Tata Teleservices (Maharashtra) Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Tata Teleservices (Maharashtra) Limited
Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a potential market decline. If this reversal is supported by other trends, it could be a very bearish signal for TTML. Investors should be vigilant and seek further confirmation before taking action. Parabolic Stop and Reverse chart for Tata Teleservices (Maharashtra) Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Tata Teleservices (Maharashtra) 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 Tata Teleservices (Maharashtra) Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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