TBOTEK - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.5

Technical Analysis Report for TBO Tek Ltd (TBOTEK)

• Trend Status: Consolidating near key moving averages
• Moving Averages: Price below 50 DMA (₹1,527) but above 200 DMA (₹1,454) — neutral to mildly bullish
• RSI: 43.3 — weak momentum, approaching oversold territory
• MACD: Positive at 6.50 — early bullish crossover, but needs volume confirmation
• Bollinger Bands: Price near lower band — potential for technical bounce
• Volume: Above weekly average — increased interest, potential accumulation

Entry & Exit Zones

• Support Levels: ₹1,454 (DMA 200), ₹1,400 (trendline), ₹1,300 (swing low)
• Resistance Levels: ₹1,527 (DMA 50), ₹1,600 (gap zone), ₹1,720 (supply zone)
• Optimal Entry: ₹1,450–₹1,475 (on confirmation of support)
• Optimal Exit: ₹1,600–₹1,720 (if momentum sustains)

Positive

• MACD positive — early signs of bullish momentum
• Price holding above 200 DMA — long-term trend intact
• FII holding increased by 0.62% — foreign investor confidence
• Debt-to-equity ratio of 0.09 — low leverage

Limitation

• Price below 50 DMA — short-term weakness
• RSI below 50 — lack of strong momentum
• High P/E of 316 — significantly overvalued vs industry average (37.9)
• PEG ratio of 13.6 — expensive on growth-adjusted basis

Company Negative News

• Quarterly profit variation of -27.9% — sequential earnings decline
• DII holding declined by 0.28% — slight domestic institutional outflow

Company Positive News

• PAT improved from ₹9.29 Cr. to ₹16.8 Cr. — sequential recovery
• EPS of ₹4.57 — growing earnings base

Industry

• Travel tech and digital platforms — cyclical with strong long-term digital adoption trends
• Industry P/E of 37.9 — TBOTEK trades at a steep premium

Conclusion

TBO Tek Ltd is currently consolidating near its 200 DMA with early signs of bullish momentum. While MACD and volume suggest potential upside, RSI and valuation metrics warrant caution. Traders may consider entries near ₹1,450 with exits around ₹1,720, watching for confirmation through RSI strength and sustained volume.