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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TFL.BO
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Green day on Friday for Transwarranty Finance Limited stock after gaining 2.00%
(Updated on Jun 14, 2024)

Buy or Hold candidate since Apr 26, 2024 Gain 79.26% PDF

The Transwarranty Finance Limited stock price gained 2.00% on the last trading day (Friday, 14th Jun 2024), rising from ₹20.51 to ₹20.92. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.0957% from a day low at ₹20.90 to a day high of ₹20.92. The price has fallen in 6 of the last 10 days and is down by -6.19% for this period. Volume fell on the last day by -48 thousand shares and in total, 20 thousand shares were bought and sold for approximately ₹413.38 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 119.67% during the next 3 months and, with a 90% probability hold a price between ₹40.33 and ₹53.87 at the end of this 3-month period.

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TFL.BO Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -6.82%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The Transwarranty Finance Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹20.52 and ₹18.00. A breakdown below any of these levels will issue sell signals.

Support, Risk & Stop-loss for Transwarranty Finance Limited stock

Transwarranty Finance Limited finds support from accumulated volume at ₹20.55 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 periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved ₹0.0200 between high and low, or 0.0957%. For the last week the stock has had daily average volatility of 1.18%.

Our recommended stop-loss: ₹20.10 (-3.91%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 23 days ago.)

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

For the upcoming trading day on Tuesday, 18th we expect Transwarranty Finance Limited to open at ₹20.91, and during the day (based on 14 day Average True Range), to move between ₹20.23 and ₹21.61, which gives a possible trading interval of +/-₹0.685 (+/-3.27%) up or down from last closing price. If Transwarranty Finance Limited takes out the full calculated possible swing range there will be an estimated 6.55% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹20.55 (1.77%) than the resistance at ₹21.37 (2.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Transwarranty Finance Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Transwarranty Finance Limited stock to perform well in the short-term.

Current score: 2.975 Buy Candidate Unchanged

Predicted Opening Price for Transwarranty Finance Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
₹20.91 ( 0.0319%) ₹20.92

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

Trading levels for TFL.BO

Fibonacci Support & Resistance Levels

Level Price
R3 20.93 0.0637%
R2 20.93 0.0272%
R1 20.92 0.0047%
Price 20.92
S1 20.91 -0.0684%
S2 20.90 -0.0909%
S3 20.89 -0.127%

Accumulated Volume Support & Resistance Levels

Level Price
R3 22.22 6.21%
R2 21.79 4.16%
R1 21.37 2.15%
Price 20.92
S1 20.55 -1.77%
S2 18.09 -13.53%
S3 16.29 -22.13%

TFL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 04, 2012 Sep 04, 2012 Sep 04, 2012 ₹0.500 6.33%
2 Jul 24, 2009 Jul 24, 2009 Jul 24, 2009 ₹0.300 2.69%
3 Jul 28, 2008 Jul 28, 2008 Jul 28, 2008 ₹1.00 4.78%
4 Jul 23, 2007 Jul 23, 2007 Jul 23, 2007 ₹1.00 3.08%

FAQ

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

Should I buy or sell Transwarranty Finance Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Transwarranty Finance Limited stock to perform well in the short-term.

How to buy Transwarranty Finance Limited Stock?
Transwarranty Finance 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 Transwarranty Finance Limited Stock.

What's the current price of Transwarranty Finance Limited Stock?
As of the end of day on the Jun 14, 2024, the price of an Transwarranty Finance Limited (TFL.BO) share was ₹20.92.

What is the 52-week high and low for Transwarranty Finance Limited Stock?
The 52-week high for Transwarranty Finance Limited Stock is ₹22.74 and the 52-week low is ₹7.55.

What is the market capitalization of Transwarranty Finance Limited Stock?
As of the Jun 14, 2024, the market capitalization of Transwarranty Finance Limited is 1.022B.
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