TTK Prestige Limited (TTKPRESTIG) Stock - Complete Technical Analysis - Dec 02, 2024

TTK Prestige Stock Analysis Technical Indicators, Support & Resistance Dec 2024

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. TTK Prestige Limited (TTKPRESTIG) is trading at 847.50, with recent action showing volatility in both directions. The stock is currently 17.32% off its 52-week high of 1025, indicating some weakness in the price momentum. With the RSI at 45.3, the stock is neither oversold nor overbought, indicating the potential for either a breakout or further consolidation. Short-term moving averages, such as the 10-day and 20-day EMAs, are slightly bearish, and the MACD is also showing a downward momentum, reinforcing the current neutral to bearish trend. Support levels are at 840, with resistance near 860-870, while the 200-day SMA is a strong support level at 815. The average volatility (ATR) is high, suggesting that traders should be cautious of sudden price swings. If TTK Prestige breaks through resistance, a move toward 900+ could follow. Conversely, failure to hold support at 840 could lead to a deeper correction.