TITAGARH - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical List📊 Technical Analysis for TITAGARH (Titagarh Rail Systems Ltd.)
⭐ Technical Rating
2.7 (Weak-to-neutral technicals with bearish momentum and breakdown below key averages, but signs of base formation)
📉 Chart Patterns & Trend Status
Trend Status: TITAGARH is currently in a reversal phase, attempting to stabilize after a steep decline from ₹1,707.
Pattern Observed: Double bottom and rectangle consolidation near ₹865–₹880 zone
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Candlestick Signals: Recent Spinning Top and Doji patterns suggest indecision
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📈 Moving Averages
Indicator Value (₹) Signal
50 DMA 903 Price below – Bearish
200 DMA 951 Price below – Bearish
20 EMA ~875 Price near – Neutral
Price is below all major moving averages, confirming weak momentum.
Death cross between 50 DMA and 200 DMA adds to bearish bias.
📊 Momentum Indicators
Indicator Value Interpretation
RSI 38.6 Bearish zone, not yet oversold
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MACD -9.44 Bearish crossover, fading momentum
MFI ~40.4 Neutral, no strong accumulation
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CCI ~-75 Mild downtrend confirmation
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📉 Bollinger Bands & Volume
Price near lower Bollinger Band, indicating selling pressure.
Volume above 1-week average → high activity, possibly bottom fishing.
📌 Support & Resistance Zones
Level Price (₹)
Support 1 865
Support 2 839
Resistance 1 903
Resistance 2 940
Resistance 3 963
Trendline resistance near ₹940–₹963
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Support holding around ₹839–₹865
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🎯 Entry & Exit Zones
Entry Zone: ₹839–₹865 (if price stabilizes and RSI rebounds)
Exit Zone: ₹903–₹940 (short-term resistance zone)
Stop Loss: ₹825 (below recent swing low)
🧭 Summary
TITAGARH is in a reversal attempt after a sharp decline. While technical indicators remain weak, candlestick patterns and volume suggest base-building behavior. A sustained move above ₹903 with rising volume could confirm a trend reversal. Until then, traders should remain cautious and look for confirmation signals.
Want to compare this with other railway or infrastructure stocks to spot stronger setups?
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in.tradingview.com
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www.topstockresearch.com
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www.moneycontrol.com
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justticks.in
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