TIINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | TIINDIA | Market Cap | 45,203 Cr. | Current Price | 2,334 ₹ | High / Low | 3,420 ₹ |
| Stock P/E | 33.6 | Book Value | 286 ₹ | Dividend Yield | 0.15 % | ROCE | 31.9 % |
| ROE | 28.6 % | Face Value | 1.00 ₹ | DMA 50 | 2,554 ₹ | DMA 200 | 2,894 ₹ |
| Chg in FII Hold | -2.30 % | Chg in DII Hold | 1.97 % | PAT Qtr | 187 Cr. | PAT Prev Qtr | 168 Cr. |
| RSI | 40.2 | MACD | -87.5 | Volume | 4,04,121 | Avg Vol 1Wk | 7,53,324 |
| Low price | 2,165 ₹ | High price | 3,420 ₹ | PEG Ratio | 0.83 | Debt to equity | 0.01 |
| 52w Index | 13.5 % | Qtr Profit Var | 11.3 % | EPS | 68.7 ₹ | Industry PE | 28.0 |
📊 Chart Patterns: TIINDIA is trading at 2,334 ₹, well below both 50 DMA (2,554 ₹) and 200 DMA (2,894 ₹). The price has corrected sharply from its 52-week high (3,420 ₹) and is consolidating near support levels, reflecting weak momentum.
📈 Moving Averages: Current price is under both short-term and long-term averages, confirming bearish sentiment. A breakout above 2,550–2,600 ₹ could indicate recovery, while failure to hold 2,300 ₹ may trigger further downside.
📉 RSI: At 40.2, RSI suggests weak momentum, leaning towards oversold territory but not yet at reversal levels.
📉 MACD: Strongly negative at -87.5, showing bearish divergence and lack of buying strength.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term support.
📊 Volume Trends: Current volume (4.0 lakh) is lower than average weekly volume (7.5 lakh), suggesting reduced participation and cautious sentiment.
📌 Momentum Signals: Short-term momentum remains bearish. Support lies around 2,300–2,320 ₹, while resistance is near 2,550–2,600 ₹.
🎯 Entry Zone: 2,300–2,320 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 2,550–2,600 ₹ (near 50 DMA resistance).
🔎 Trend Status: The stock is consolidating with bearish bias, awaiting breakout direction.
Positive
- EPS of 68.7 ₹ indicates strong profitability.
- ROCE (31.9%) and ROE (28.6%) reflect excellent capital efficiency.
- Quarterly PAT improved from 168 Cr. to 187 Cr. (11.3% growth).
- DII holdings increased by 1.97%, showing domestic institutional support.
- PEG ratio of 0.83 suggests reasonable valuation relative to growth.
- Debt-to-equity ratio of 0.01 ensures financial stability.
Limitation
- Stock trading below both 50 DMA and 200 DMA shows weak technical strength.
- MACD remains strongly negative, showing weak momentum.
- 52-week performance index at 13.5% indicates underperformance.
- Dividend yield of 0.15% is very low.
Company Negative News
- FII holdings decreased by -2.30%, showing reduced foreign investor confidence.
- Stock price corrected sharply from 3,420 ₹ high to current levels.
Company Positive News
- Quarterly PAT growth signals improving operational efficiency.
- DII holdings increased, reflecting domestic institutional support.
Industry
- Industry PE at 28.0 suggests sector trades at lower valuations compared to TIINDIA’s P/E of 33.6.
- Engineering and manufacturing sector remains stable with long-term demand outlook.
Conclusion
⚖️ TIINDIA is consolidating with a bearish bias, trading below key moving averages and showing weak momentum. Short-term traders may consider entry near 2,300–2,320 ₹ with strict stop-loss, targeting 2,550–2,600 ₹ resistance. Long-term investors should wait for a breakout above 2,554 ₹ (50 DMA) with sustained volume before fresh positions.