TITAN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | TITAN | Market Cap | 3,62,243 Cr. | Current Price | 4,081 ₹ | High / Low | 4,605 ₹ |
| Stock P/E | 77.1 | Book Value | 231 ₹ | Dividend Yield | 0.27 % | ROCE | 18.7 % |
| ROE | 25.2 % | Face Value | 1.00 ₹ | DMA 50 | 4,235 ₹ | DMA 200 | 3,986 ₹ |
| Chg in FII Hold | 0.10 % | Chg in DII Hold | 0.01 % | PAT Qtr | 1,087 Cr. | PAT Prev Qtr | 1,573 Cr. |
| RSI | 39.4 | MACD | -64.6 | Volume | 7,89,364 | Avg Vol 1Wk | 8,45,877 |
| Low price | 3,301 ₹ | High price | 4,605 ₹ | PEG Ratio | 6.38 | Debt to equity | 1.12 |
| 52w Index | 59.8 % | Qtr Profit Var | 25.0 % | EPS | 52.2 ₹ | Industry PE | 20.0 |
📊 Chart Analysis: TITAN trades at ₹4,081, below its 50 DMA (₹4,235) but above the 200 DMA (₹3,986), showing short-term weakness but medium-term support. RSI at 39.4 indicates oversold conditions, suggesting potential rebound. MACD at -64.6 is bearish, confirming downward momentum. Bollinger Bands place the price near the lower band, signaling pressure with scope for short-term bounce. Current volume (7.9L) is slightly below the 1-week average (8.4L), reflecting reduced participation.
📈 Momentum Signals: Short-term momentum is bearish with oversold bias. A move above ₹4,150 could trigger recovery, while a drop below ₹4,000 risks further downside.
💡 Entry Zone: ₹3,950–₹4,050 (support near 200 DMA).
🚪 Exit Zone: ₹4,250–₹4,350 (resistance near 50 DMA and trendline).
🔎 Trend Status: The stock is reversing downward after failing to sustain above ₹4,600, with oversold RSI hinting at possible short-term consolidation.
Positive
- 📌 EPS of ₹52.2 with strong profitability.
- 📌 ROCE of 18.7% and ROE of 25.2% show efficient capital use.
- 📌 Institutional support with FII (+0.10%) and DII (+0.01%) holding increases.
- 📌 Strong 52-week index performance at 59.8%.
Limitation
- ⚠️ High P/E of 77.1 compared to industry PE (20.0), indicating overvaluation.
- ⚠️ Debt-to-equity ratio of 1.12 adds financial risk.
- ⚠️ PEG ratio of 6.38 suggests expensive growth outlook.
Company Negative News
- ❌ PAT dropped from ₹1,573 Cr. to ₹1,087 Cr., showing profit decline.
- ❌ RSI at 39.4 reflects oversold conditions, signaling weak sentiment.
Company Positive News
- ✅ Institutional investors increased holdings, showing confidence.
- ✅ Strong fundamentals with high ROE and consistent profitability.
Industry
- 🌐 Consumer goods and luxury retail sector remains resilient with steady demand.
- 🌐 Industry PE at 20.0 is far lower than TITAN’s, highlighting premium valuation.
Conclusion
📌 TITAN is reversing downward with bearish signals but oversold RSI suggests potential short-term consolidation. Traders may consider entries near ₹3,950–₹4,050 and exits around ₹4,250–₹4,350. Strong fundamentals support long-term value, but high valuation and debt levels warrant caution.
For deeper clarity, we could refine support and resistance mapping, expand on volume analysis to confirm momentum, or dive into RSI and MACD signals for short-term trading cues.