TIINDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.3

Here’s a detailed technical analysis of Tube Investments of India Ltd (TIINDIA)

📊 Trend Overview

Current Trend: TIINDIA is in a strong uptrend, showing robust momentum and bullish structure.

Price Action: Trading at ₹3,390, well above both the 50-DMA (₹3,075) and 200-DMA (₹3,125), confirming trend strength and positive sentiment.

📈 Momentum Indicators

RSI (69.6): Approaching overbought territory. Indicates strong momentum but caution warranted near ₹3,400–₹3,450.

MACD (99.1): Strongly positive, confirming bullish crossover and trend continuation.

Volume: Current volume (1.62 lakh) is below the 1-week average (3.88 lakh), suggesting momentum is strong but not yet backed by high participation.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 3,075 Strong Support

200-DMA 3,125 Support

Current Price 3,390 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, indicating strong momentum but potential short-term resistance.

A breakout above ₹3,400–₹3,420 could trigger a rally toward ₹3,600+.

🧭 Support & Resistance Zones

Immediate Support: ₹3,300–₹3,325 zone

Major Support: ₹3,125 (200-DMA), then ₹3,000

Immediate Resistance: ₹3,420–₹3,450 zone

Major Resistance: ₹3,600–₹3,750, then ₹4,000+

🎯 Entry & Exit Zones

Optimal Entry: ₹3,300–₹3,325 (on pullback with MACD confirmation)

Exit Zone: ₹3,600–₹3,750 (first resistance), ₹4,000+ if momentum sustains

🔍 Conclusion

TIINDIA is trending upward with strong MACD and RSI signals.

Price is above key moving averages, confirming bullish bias.

Volume is slightly weak, so watch for renewed interest before chasing higher levels.

A breakout above ₹3,420 with volume could confirm trend continuation; otherwise, expect short-term consolidation.

Let me know if you’d like a visual chart or comparison with peers like Schaeffler or Timken!

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