TITAN - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.2

📈 Technical Analysis

• Chart Patterns: TITAN is trading very close to its 52-week high (3,930 ₹ vs 3,962 ₹), showing strong bullish momentum but facing resistance at the upper range.
• Moving Averages: Current price (3,930 ₹) is above both 50 DMA (3,787 ₹) and 200 DMA (3,586 ₹), confirming a strong uptrend.
• RSI: At 60.4, RSI indicates healthy momentum, not yet overbought but approaching higher levels.
• MACD: Positive at 28.8, supporting bullish continuation.
• Bollinger Bands: Price near upper band, suggesting strength but limited upside before consolidation.
• Volume Trends: Current volume (5.2L) is lower than average weekly volume (7.8L), showing reduced participation despite price strength.

🎯 Momentum & Trade Zones

• Support Levels: 3,787 ₹ (50 DMA), 3,586 ₹ (200 DMA), and strong support at 3,500 ₹.
• Resistance Levels: 3,950–3,962 ₹ zone is a strong resistance.
• Entry Zone: Accumulate near 3,800–3,850 ₹ on dips.
• Exit Zone: Profit booking suggested near 3,950–3,960 ₹.
• Trend: Stock is trending upward with strong momentum, but may consolidate near resistance.

✅ Positive

• Strong ROCE (17.2%) and ROE (21.3%).
• EPS at 43.9 ₹ reflects solid earnings base.
• Quarterly profit variation at +42.7% shows strong growth momentum.
• DII holding increased by 1.40%, reflecting domestic institutional support.

⚠️ Limitation

• High P/E ratio (89.5) compared to industry average (26.2), suggesting overvaluation.
• PEG ratio at 6.16 indicates expensive valuation relative to growth.
• Dividend yield at only 0.28%, offering minimal shareholder return.
• Debt-to-equity ratio at 1.39, showing moderate leverage.

📉 Company Negative News

• Quarterly PAT declined slightly from 1,030 Cr. to 1,006 Cr.
• FII holding reduced by -1.43%, showing weaker foreign investor confidence.

📊 Company Positive News

• Quarterly profit variation (+42.7%) highlights strong earnings momentum.
• DII holding increased by 1.40%, showing domestic support.
• Stock trading above key moving averages, reflecting technical strength.

🏭 Industry

• Industry P/E at 26.2, much lower than TITAN’s 89.5, suggesting premium valuation.
• Consumer and luxury retail sector outlook remains strong, driven by festive demand and brand strength.

📝 Conclusion

• TITAN is in a bullish uptrend, trading near its 52-week high.
• Short-term momentum is strong, but valuations are stretched and resistance is near.
• Best strategy: accumulate near 3,800–3,850 ₹ and book profits near 3,950–3,960 ₹.
• Medium-term outlook remains positive; breakout above 3,962 ₹ could lead to new highs.