TITAGARH - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.1

Here’s a detailed technical analysis of Titagarh Rail Systems Ltd (TITAGARH)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, recovering from its recent lows and showing strong momentum.

Price Action: Trading at ₹946, well above both the 50-DMA (₹879) and 200-DMA (₹925), indicating bullish strength and trend continuation.

📈 Momentum Indicators

RSI (67.9): Approaching overbought territory. Indicates strong momentum but caution near ₹970+.

MACD (22.9): Strongly positive, confirming bullish crossover and upward momentum.

Volume: Current volume (8.4 lakh) is below the 1-week average (18.3 lakh), suggesting momentum is strong but participation has cooled slightly.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 879 Support

200-DMA 925 Support

Current Price 946 Above both DMAs

📌 Bollinger Bands

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

A breakout above ₹960–₹970 could trigger a fresh rally toward ₹1,000+.

🧭 Support & Resistance Zones

Immediate Support: ₹925 (200-DMA), ₹900 psychological level

Major Support: ₹880–₹890 zone

Immediate Resistance: ₹970–₹980 zone

Major Resistance: ₹1,050–₹1,100, then ₹1,370 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹910–₹930 (on pullback with volume confirmation)

Exit Zone: ₹1,050–₹1,100 (first resistance), ₹1,350+ if momentum sustains

🔍 Conclusion

TITAGARH is trending upward with strong MACD and RSI signals.

Price is above key moving averages, confirming bullish bias.

Volume has dipped slightly, so watch for renewed interest before chasing higher levels.

A breakout above ₹970 with volume could confirm trend continuation; otherwise, expect short-term consolidation.

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