TTE CMP $49.64. Crossed that red line price mark recently but coming down and testing that support price. Which means that price pull back. Support stock price is $49.50 means more buyers are willing to step in if price falls down further or at that level. Recently 50 EMA price crossed 200 EMA [Green arrow in the chart] which is good sign for stock. General indication is uptrend. Stock price can fall to 50 EMA price indicated by yellow line or blue arrow.