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(TGBHOTELS) Tgb Banquets complete technical analysis [charts+indicators] | Buy/Sell Tgb Banquets | (TGBHOTELS) share price targets

Complete technical analysis of Tgb Banquets (TGBHOTELS) by charts plus indicators, forecast predictions and share price targets for Tgb Banquets (TGBHOTELS)

Tgb Banquets trades in NSE in Hotels sector.

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Tgb Banquets is 79172

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	14.30	14.50	14.90	14.15	1.86 times
28 Tue May 2024	15.25	16.00	16.00	15.00	0.596 times
27 Mon May 2024	15.80	16.00	16.00	15.20	0.446 times
24 Fri May 2024	15.45	16.00	16.00	15.00	1.208 times
23 Thu May 2024	15.45	15.95	16.20	14.85	1.997 times
22 Wed May 2024	15.85	16.20	16.75	15.60	1.266 times
21 Tue May 2024	16.20	17.30	17.30	16.05	0.83 times
18 Sat May 2024	17.00	17.25	17.35	16.55	0.429 times
17 Fri May 2024	16.85	17.25	17.25	16.60	1.084 times
16 Thu May 2024	16.85	16.25	17.00	16.25	1.412 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.9, but if it comes above 14.9, then a intra day buy could be more profitable.
If you take a sell trade below 14.9, then use 14.9 as stoploss and 13.9 as target. However if you take a buy trade in stock , then use 14.9 as stoploss and 15.69 as target.

Share price targets for Tgb Banquets (TGBHOTELS)

Target Type	Value
Downside Target	9.60
Downside Target	10.60
Downside Target	12.60
Downside Target	13.30
Downside Target	14.15
Upside Target	14.85
Upside Target	16.00
Upside Target	16.65
Upside Target	17.30
Upside Target	17.40
Upside Target	17.50
Upside Target	17.60
Upside Target	17.70

Intraday share price targets for Tgb Banquets (TGBHOTELS)

Target Type	Value
Downside Intraday Target	13.63
Downside Intraday Target	12.97
Upside Intraday Target	15.48
Upside Intraday Target	16.67
Upside Intraday Target	14.82

Weekly technical analysis of Tgb Banquets (TGBHOTELS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	14.30	16.00	16.00	14.15	0.547 times
24 Fri May 2024	15.45	17.30	17.30	14.85	0.404 times
18 Sat May 2024	17.00	16.15	17.60	16.05	2.582 times
10 Fri May 2024	15.95	15.10	16.10	14.40	0.857 times
03 Fri May 2024	14.95	15.10	16.65	14.35	1.342 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tgb Banquets (TGBHOTELS)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	14.30	15.35	17.60	14.15	1.507 times
30 Tue Apr 2024	15.70	15.20	17.40	14.50	1.015 times
28 Thu Mar 2024	14.50	17.05	17.70	12.60	0.183 times
29 Wed Nov 2023	15.25	10.75	17.50	10.60	2.834 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Tgb Banquets (TGBHOTELS)

Price action analysis of Tgb Banquets ( (TGBHOTELS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tgb Banquets ( (TGBHOTELS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tgb Banquets ( (TGBHOTELS) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Tgb Banquets stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Tgb Banquets in short term but the sell signal is initial and weak.

Tgb Banquets Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Tgb Banquets in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Tgb Banquets is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.74 and Tgb Banquets (TGBHOTELS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tgb Banquets (TGBHOTELS) stock. Volume based technical analysis of Tgb Banquets (TGBHOTELS) stock is negative.

Tgb Banquets Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.