TIINDIA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.4

📉 TIINDIA is currently in a reversal phase with bearish momentum and weak short-term signals. Entry zone: ₹2,950–₹3,020; exit zone: ₹3,130–₹3,180. Watch for stabilization above 200-DMA with volume support.

📊 Technical Overview

• Price Action: Trading at ₹3,020, below both 50-DMA (₹3,124) and 200-DMA (₹3,133), indicating bearish bias.
• RSI (38.6): Weak momentum, nearing oversold territory but not yet signaling reversal.
• MACD (-20.2): Strong bearish crossover, confirming downward pressure.
• Bollinger Bands: Price near lower band, suggesting oversold conditions with potential for technical bounce.
• Volume: Above 1-week average, indicating active participation but not breakout strength.
• Support Zones: ₹2,950 (S1), ₹2,880 (S2)
• Resistance Zones: ₹3,130 (R1), ₹3,180 (R2)

✅ Positive

• Strong ROCE (31.9%) and ROE (28.6%) reflect excellent capital efficiency.
• EPS of ₹67.7 supports valuation and earnings visibility.
• Low debt-to-equity ratio (0.03) ensures financial stability.
• DII holdings increased (+0.93%), showing domestic institutional support.

⚠️ Limitation

• Stock P/E (44.0) is significantly higher than industry average (32.6), indicating premium valuation.
• MACD and RSI both show bearish signals, limiting short-term upside.
• Price trading below key moving averages confirms downtrend.
• Dividend yield of 0.12% is low for income-focused investors.

📉 Company Negative News

• Decline in FII holdings (-0.86%) reflects reduced foreign investor confidence.
• Quarterly PAT dropped significantly from ₹828 Cr. to ₹168 Cr., indicating earnings volatility.

📈 Company Positive News

• Quarterly profit variation of +7.04% YoY shows modest annual growth.
• Strong fundamentals and low leverage support long-term resilience.

🏢 Industry

• Engineering and industrial manufacturing sector benefits from infrastructure and capital goods demand.
• Industry P/E of 32.6 reflects moderate valuation across peers.

🧭 Conclusion

• TIINDIA is in a reversal phase with bearish momentum and weak technical indicators.
• Entry zone: ₹2,950–₹3,020; exit zone: ₹3,130–₹3,180 for short-term bounce trades.
• Long-term investors should wait for trend reversal confirmation before accumulating.