14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TAKE.BO
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

TAKE Solutions Limited stock price down 1.17% on Friday
(Updated on Jun 14, 2024)

Buy or Hold candidate since Jun 12, 2024 Loss -1.39% PDF

The TAKE Solutions Limited stock price fell by -1.17% on the last day (Friday, 14th Jun 2024) from ₹22.30 to ₹22.04. During the last trading day the stock fluctuated 3.98% from a day low at ₹21.85 to a day high of ₹22.72. The price has fallen in 6 of the last 10 days but is still up by 9.16% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -19 thousand shares and in total, 6 thousand shares were bought and sold for approximately ₹131.56 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.50% during the next 3 months and, with a 90% probability hold a price between ₹18.36 and ₹22.98 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

TAKE.BO Signals & Forecast

The TAKE Solutions Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₹21.72 and ₹21.83. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -1.39%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for TAKE Solutions Limited stock

TAKE Solutions Limited finds support from accumulated volume at ₹22.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved ₹0.87 between high and low, or 3.98%. For the last week the stock has had daily average volatility of 4.41%.

Our recommended stop-loss: ₹21.09 (-4.31%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (TAKE.BO) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect TAKE Solutions Limited to open at ₹22.20, and during the day (based on 14 day Average True Range), to move between ₹20.92 and ₹23.16, which gives a possible trading interval of +/-₹1.12 (+/-5.08%) up or down from last closing price. If TAKE Solutions Limited takes out the full calculated possible swing range there will be an estimated 10.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹22.03 (0.05%) than the resistance at ₹22.91 (3.95%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is TAKE Solutions Limited stock A Buy?

TAKE Solutions Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.526 Hold/Accumulate Unchanged

Predicted Opening Price for TAKE Solutions Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹22.20 ( 0.741%) ₹22.04

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TAKE.BO

Fibonacci Support & Resistance Levels

Level Price
R3 23.07 4.69%
R2 22.74 3.18%
R1 22.54 2.25%
Price 22.04
S1 21.87 -0.767%
S2 21.67 -1.70%
S3 21.33 -3.21%

Accumulated Volume Support & Resistance Levels

Level Price
R3 24.05 9.12%
R2 23.07 4.67%
R1 22.91 3.95%
Price 22.04
S1 22.03 -0.0454%
S2 21.56 -2.18%
S3 20.70 -6.08%

TAKE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 01, 2019 Aug 01, 2019 Sep 06, 2019 ₹0.400 0.322%
2 Feb 15, 2018 Feb 15, 2018 Mar 09, 2018 ₹0.300 0.182%
3 Nov 17, 2017 Nov 17, 2017 Dec 07, 2017 ₹0.300 0.188%
4 Aug 03, 2017 Aug 03, 2017 Sep 09, 2017 ₹0.400 0.295%
5 Feb 16, 2017 Feb 16, 2017 Mar 03, 2017 ₹0.300 0.213%

FAQ

What is the symbol for TAKE Solutions Limited Stock and on which exchange is it traded?
The symbol for TAKE Solutions Limited is TAKE.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell TAKE Solutions Limited Stock?
TAKE Solutions Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy TAKE Solutions Limited Stock?
TAKE Solutions Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy TAKE Solutions Limited Stock.

What's the current price of TAKE Solutions Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an TAKE Solutions Limited (TAKE.BO) share was ₹22.04.

What is the 52-week high and low for TAKE Solutions Limited Stock?
The 52-week high for TAKE Solutions Limited Stock is ₹35.78 and the 52-week low is ₹16.25.

What is the market capitalization of TAKE Solutions Limited Stock?
As of the Jun 14, 2024, the market capitalization of TAKE Solutions Limited is 3.26B.

When is the next earnings date for TAKE Solutions Limited?
The upcoming earnings date for TAKE Solutions Limited is Aug 12, 2024.
Click to get the best stock tips daily for free!