TARIL - Technical Analysis

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

Technical Rating: 4.1

Here’s a comprehensive technical analysis of Transformers and Rectifiers India Ltd (TARIL)

📈 Trend Overview

Current Price: ₹509 is above both the 50 DMA (₹500) and 200 DMA (₹463), indicating a bullish trend.

RSI (54.6): In neutral territory, suggesting balanced momentum with room for upside.

MACD (0.48): Positive, indicating bullish crossover and upward momentum.

Volume: Strong at 10.8L vs 1-week average of 7.1L — shows high participation and interest.

📌 Conclusion: The stock is trending upward, supported by volume and moving averages.

📊 Chart Patterns & Indicators

Bollinger Bands: Price likely near the upper band, signaling strength but also caution for short-term pullback.

Candlestick Patterns: Recent formations suggest continuation, not reversal.

ADX (18.5): Weak trend strength, but improving.

🔍 Support & Resistance Zones

Level Price (₹) Strength

Support 1 500 Moderate (DMA 50)

Support 2 469–474 Strong (historical base)

Resistance 1 533–538 Moderate (recent highs)

Resistance 2 574–619 Strong (triangle breakout zone)

Resistance 3 650 Major 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹500–₹510 (near DMA 50 and support)

Exit Zone: ₹533–₹574 (approaching resistance and breakout levels)

⚡ Momentum Signals

Short-Term: Bullish momentum with strong volume and MACD crossover.

Medium-Term: Positive bias as price holds above key moving averages.

Volume Trend: Rising, confirming accumulation phase.

🧭 Summary

TARIL is in a bullish trend, supported by strong fundamentals and technical indicators. The stock shows signs of momentum continuation, with potential upside toward ₹574 if it breaks above ₹533. Traders may consider entering near ₹500 with a stop-loss below ₹474 and targeting exits near ₹574–₹619.

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