True Green Bio Energy Stock Forecast

Sell candidate since Aug 11, 2026

The True Green Bio Energy Limited stock price fell by -0.369% on the last day (Tuesday, 11th Aug 2026) from ₹189.90 to ₹189.20. During the last trading day the stock fluctuated 9.17% from a day low at ₹180.45 to a day high of ₹197.00. The price has been going up and down for this period, and there has been a 1.72% gain for the last 2 weeks. Volume has increased on the last day by 5 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 9 thousand shares were bought and sold for approximately ₹1.62 million.

The stock lies in the middle of a 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 13.99% during the next 3 months and, with a 90% probability hold a price between ₹205.74 and ₹242.75 at the end of this 3-month period.

TRUEGREEN.BO Signals & Forecast

The True Green Bio Energy 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 ₹184.75 and ₹187.68. A breakdown below any of these levels will issue sell signals. 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 17, 2026, and so far it has fallen -3.94%. 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 rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for True Green Bio Energy Limited stock

True Green Bio Energy Limited finds support from accumulated volume at ₹187.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₹16.55 between high and low, or 9.17%. For the last week the stock has had daily average volatility of 5.19%.

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

Trading Expectations (TRUEGREEN.BO) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect True Green Bio Energy Limited to open at ₹188.88, and during the day (based on 14 day Average True Range), to move between ₹184.62 and ₹193.78, which gives a possible trading interval of +/-₹9.17 (+/-4.97%) up or down from last closing price. If True Green Bio Energy Limited takes out the full calculated possible swing range there will be an estimated 4.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹187.90 (0.69%) than the resistance at ₹192.10 (1.53%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is True Green Bio Energy Limited stock A Buy?

The True Green Bio Energy Limited stock holds several negative signals and despite the positive trend, we believe True Green Bio Energy Limited will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.

Current score: -1.039 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on August 12, 2026 - ₹188.88 ( 0.167%).

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