TTML - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis for TTML (Tata Teleservices Maharashtra Ltd.)

IntraDay Trade Rating: 2.3

TTML currently exhibits weak technical momentum and poor financial health, making it a high-risk candidate for intraday trading. The stock is trading well below its key moving averages, with bearish indicators across the board.

🔍 Technical & Momentum Indicators

RSI (31.3): Approaching oversold territory — signals weak buying interest.

MACD (-1.47): Bearish crossover — downward momentum persists.

Volume: Significantly below weekly average — low trader participation.

Price Action: Trading below 50-DMA (₹64.9) and 200-DMA (₹69.0) — confirms short-term downtrend.

💡 Optimal Intraday Strategy

If you're entering fresh today

Buy Price: ₹59.80 (near intraday support)

Profit Target: ₹61.20 to ₹62.50 (minor resistance zones)

Stop-Loss: ₹58.90 (recent swing low)

If you're already holding

Exit on Weakness: If price breaks below ₹59.50 with rising volume, consider exiting.

Exit on Strength: If price crosses ₹61.50 with MACD flattening and volume spike, trail stop-loss and aim for ₹62.80

⚠️ Risk Factors

Negative ROCE (-12.7%) and negative PAT — poor operational efficiency.

Book Value (-₹2.87) — indicates erosion of shareholder value.

No dividend yield — no passive income cushion.

RSI & MACD both bearish — momentum not supportive.

Price below key averages — trend remains weak.

This stock may be better suited for speculative swing trades rather than intraday scalping. Want to explore a safer telecom stock or set up a watchlist for tomorrow’s session?

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