TIINDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.4

📈 Technical Analysis

• Chart Patterns: TIINDIA is trading near the lower end of its 52-week range (2,636 ₹ vs 3,827 ₹), showing weakness and bearish undertone.
• Moving Averages: Current price (2,636 ₹) is below both 50 DMA (2,874 ₹) and 200 DMA (3,047 ₹), confirming downward pressure.
• RSI: At 27.2, RSI indicates oversold conditions, suggesting potential short-term rebound.
• MACD: Strongly negative at -102, signaling bearish continuation.
• Bollinger Bands: Price near lower band, suggesting oversold condition and possible minor bounce.
• Volume Trends: Current volume (3.1L) is slightly above average weekly volume (2.5L), showing increased selling activity.

🎯 Momentum & Trade Zones

• Support Levels: 2,600 ₹ immediate support, 2,500 ₹ strong support, and long-term support at 2,400 ₹.
• Resistance Levels: 2,874 ₹ (50 DMA) and 3,047 ₹ (200 DMA).
• Entry Zone: Accumulate cautiously near 2,600–2,650 ₹ if rebound signals appear.
• Exit Zone: Short-term exit near 2,850–2,900 ₹; medium-term exit near 3,000–3,050 ₹.
• Trend: Stock is currently reversing downward but oversold signals suggest possible consolidation or rebound.

✅ Positive

• Strong ROCE (31.9%) and ROE (28.6%), indicating excellent operational efficiency.
• EPS at 68.7 ₹ reflects solid earnings base.
• Quarterly PAT improved from 168 Cr. to 187 Cr. (+11.3% variation).
• DII holding increased by 0.93%, reflecting domestic institutional support.
• Debt-to-equity ratio at 0.01, showing virtually debt-free balance sheet.

⚠️ Limitation

• Stock trading below both 50 & 200 DMA, confirming bearish trend.
• High P/E ratio (38.1) compared to industry average (30.0), suggesting premium valuation.
• PEG ratio at 0.94 indicates valuation is stretched relative to growth.
• 52-week index at only 16.5%, reflecting severe underperformance.

📉 Company Negative News

• FII holding reduced by -0.86%, showing weaker foreign investor confidence.
• Stock has lost momentum with RSI oversold and MACD strongly negative.

📊 Company Positive News

• Quarterly profits improved modestly (+11.3%).
• DII holding increased by 0.93%, showing domestic support.
• Strong return ratios (ROCE & ROE) highlight operational efficiency.
• Debt-free balance sheet ensures resilience.

🏭 Industry

• Industry P/E at 30.0, lower than TIINDIA’s 38.1, suggesting premium valuation.
• Engineering and industrial sector outlook remains steady, but valuations are stretched.

📝 Conclusion

• TIINDIA is in a bearish reversal phase, trading below key moving averages.
• Oversold RSI suggests possible short-term bounce, but momentum remains weak.
• Best strategy: cautious accumulation near 2,600–2,650 ₹ with strict stop-loss; exit near 2,850–2,900 ₹.
• Medium-term outlook cautiously positive; recovery depends on sustaining earnings growth and crossing 2,874–3,047 ₹ resistance levels.