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Technicals for Tata Teleservices (Maharashtra) Limited
By MusingTheNews
2025-04-25 20:57
Overall Technical outlook
Price Summary
The stock of Tata Teleservices (Maharashtra) Limited experienced a -3.26% tumble, showcasing a mediocre market performance. On 2025-04-25, Tata Teleservices (Maharashtra) Limited's shares started at 60.81, peaked at 61.2, bottomed out at 58.3, and ended -3.26% lower at 58.83, with 3255674 shares traded. The stock reached its highest price of 106.07 and its lowest price of 54.47 during the 52-week period.
Technicals
Support and Resistance: The current price of 58.83 for TTML is supported at 56.16 and faces resistance at 63.62. These levels indicate that 56.16 could act as a floor, while 63.62 might limit any further price increases. Support/Resistance for TTML
Aroon: The AROON is in a neutral stance for TTML, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Tata Teleservices (Maharashtra) Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Tata Teleservices (Maharashtra) Limited
Parabolic SAR: The PSAR for TTML maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Tata Teleservices (Maharashtra) Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator, even as it remains above 80, signaling the potential start of a bearish price move. This setup suggests that the market may be entering a period of weakening momentum, possibly leading to a decline. Investors should monitor the situation for additional bearish signals. Stochastic chart for Tata Teleservices (Maharashtra) Limited
Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for TTML. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend. Tripple SMA chart for Tata Teleservices (Maharashtra) Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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