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 TEXINFRA.NS
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Thursday for Texmaco Infrastructure & Holdings Ltd
(Updated on Mar 28, 2024)

Sell candidate since Mar 06, 2024 Loss -8.97% PDF

The Texmaco Infrastructure & Holdings Ltd stock price fell by -2.52% on the last day (Thursday, 28th Mar 2024) from ₹97.35 to ₹94.90. During the last trading day the stock fluctuated 4.46% from a day low at ₹94.15 to a day high of ₹98.35. The price has been going up and down for this period, and there has been a 8.15% gain for the last 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 -603 thousand shares and in total, 430 thousand shares were bought and sold for approximately ₹40.79 million.

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 -9.50% during the next 3 months and, with a 90% probability hold a price between ₹77.57 and ₹108.63 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.

TEXINFRA.NS Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 8.15%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Texmaco Infrastructure & Holdings Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ₹94.94 and ₹106.02. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Texmaco Infrastructure & Holdings Ltd stock

Texmaco Infrastructure & Holdings Ltd finds support from accumulated volume at ₹93.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹4.20 between high and low, or 4.46%. For the last week, the stock has had daily average volatility of 4.18%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TEXINFRA.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Texmaco Infrastructure & Holdings Limited to open at ₹95.80, and during the day (based on 14 day Average True Range), to move between ₹88.93 and ₹100.87, which gives a possible trading interval of +/-₹5.97 (+/-6.30%) up or down from last closing price. If Texmaco Infrastructure & Holdings Limited takes out the full calculated possible swing range there will be an estimated 12.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹93.70 (1.26%) than the resistance at ₹111.70 (17.70%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Texmaco Infrastructure & Holdings Limited stock A Buy?

Texmaco Infrastructure & Holdings Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.937 Sell Candidate Unchanged

Predicted Opening Price for Texmaco Infrastructure & Holdings Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹95.80 ( 0.95%) ₹94.90

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

Trading levels for TEXINFRA.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 100.00 5.37 %
R2 98.40 3.68 %
R1 97.40 2.64 %
Current price: 94.90
Support S1 94.20 -0.742 %
S2 93.20 -1.79 %
S3 91.60 -3.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 116.05 22.29 %
R2 113.50 19.60 %
R1 111.70 17.70 %
Current price 94.90
Support S1 93.70 -1.26%
S2 92.95 -2.05%
S3 87.75 -7.53%

TEXINFRA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 22, 2022 Sep 22, 2022 Sep 22, 2022 ₹0.0750 0.124%
2 Sep 16, 2021 Sep 16, 2021 Sep 16, 2021 ₹0.200 0.334%
3 Sep 07, 2020 Sep 07, 2020 Sep 07, 2020 ₹0.200 0.526%
4 May 13, 2019 Aug 22, 2019 Oct 09, 2019 ₹0.200 0.491%
5 May 15, 2018 Aug 28, 2018 Oct 04, 2018 ₹0.200 0.348%

FAQ

What is the symbol for Texmaco Infrastructure & Holdings Limited Stock and on which exchange is it traded?
The symbol for Texmaco Infrastructure & Holdings Limited is TEXINFRA.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Texmaco Infrastructure & Holdings Limited Stock?
Texmaco Infrastructure & Holdings Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Texmaco Infrastructure & Holdings Limited Stock?
Texmaco Infrastructure & Holdings 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 Texmaco Infrastructure & Holdings Limited Stock.

What's the current price of Texmaco Infrastructure & Holdings Limited Stock?
As of the end of day on the 2024-03-28, the price of an Texmaco Infrastructure & Holdings Limited (TEXINFRA.NS) share was ₹94.90.

What is the 52-week high and low for Texmaco Infrastructure & Holdings Limited Stock?
The 52-week high for Texmaco Infrastructure & Holdings Limited Stock is ₹134.80 and the 52-week low is ₹48.00.

What is the market capitalization of Texmaco Infrastructure & Holdings Limited Stock?
As of the 2024-03-28, the market capitalization of Texmaco Infrastructure & Holdings Limited is 12.093B.

When is the next earnings date for Texmaco Infrastructure & Holdings Limited?
The upcoming earnings date for Texmaco Infrastructure & Holdings Limited is Apr 12, 2024.
Click to get the best stock tips daily for free!

About Texmaco Infrastructure & Holdings Limited

Texmaco Infrastructure & Holdings Limited engages in the real estate, hydro power generation, and job work businesses in India. The company operates through three segments: Real Estate, Hydro Power, and Job work. It operates a 3 megawatt mini hydel power project located in Neora, West Bengal. The company was formerly known as Texmaco Limited and changed its name to Texmaco Infrastructure & Holdings Limited in February 2012. Texmaco Infrastructure... TEXINFRA.NS Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT