TITAN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | TITAN | Market Cap | 3,53,805 Cr. | Current Price | 3,985 ₹ | High / Low | 4,312 ₹ |
| Stock P/E | 90.8 | Book Value | 201 ₹ | Dividend Yield | 0.28 % | ROCE | 17.2 % |
| ROE | 21.3 % | Face Value | 1.00 ₹ | DMA 50 | 3,977 ₹ | DMA 200 | 3,706 ₹ |
| Chg in FII Hold | -0.56 % | Chg in DII Hold | 0.84 % | PAT Qtr | 1,006 Cr. | PAT Prev Qtr | 1,030 Cr. |
| RSI | 43.8 | MACD | -6.12 | Volume | 11,64,604 | Avg Vol 1Wk | 12,80,825 |
| Low price | 2,925 ₹ | High price | 4,312 ₹ | PEG Ratio | 6.25 | Debt to equity | 1.39 |
| 52w Index | 76.4 % | Qtr Profit Var | 42.7 % | EPS | 43.9 ₹ | Industry PE | 24.3 |
📊 Chart Patterns: TITAN is trading at 3,985 ₹, very close to its 50 DMA (3,977 ₹) and above the 200 DMA (3,706 ₹). The price is consolidating after a pullback from its 52-week high (4,312 ₹), showing indecision near resistance levels.
📈 Moving Averages: Current price is above the 200 DMA but hovering around the 50 DMA, indicating consolidation. Sustained move above 4,000 ₹ could confirm bullish continuation, while breakdown below 3,950 ₹ may trigger weakness.
📉 RSI: At 43.8, RSI suggests weak momentum, leaning towards oversold but not yet at reversal levels.
📉 MACD: Negative at -6.12, showing mild bearish divergence and lack of strong buying signals.
📊 Bollinger Bands: Price is near the mid-band, reflecting consolidation. No clear breakout or breakdown signals yet.
📊 Volume Trends: Current volume (11.6 lakh) is slightly lower than average weekly volume (12.8 lakh), suggesting reduced participation and cautious sentiment.
📌 Momentum Signals: Short-term momentum is neutral-to-weak. Support lies around 3,950–3,960 ₹, while resistance is near 4,050–4,100 ₹.
🎯 Entry Zone: 3,950–3,970 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 4,050–4,100 ₹ (near resistance and 52-week high zone).
🔎 Trend Status: The stock is consolidating near key averages, awaiting breakout direction.
Positive
- EPS of 43.9 ₹ indicates strong profitability.
- ROCE (17.2%) and ROE (21.3%) reflect efficient capital usage.
- DII holdings increased by 0.84%, showing domestic institutional confidence.
- Quarterly profit variation at 42.7% highlights earnings growth.
Limitation
- High P/E ratio (90.8) compared to industry PE (24.3) suggests overvaluation risk.
- MACD remains negative, showing weak momentum.
- PEG ratio of 6.25 signals expensive valuation relative to growth.
- Debt-to-equity ratio of 1.39 indicates higher leverage risk.
Company Negative News
- FII holdings decreased by -0.56%, showing reduced foreign investor confidence.
- Quarterly PAT declined slightly from 1,030 Cr. to 1,006 Cr.
Company Positive News
- DII holdings increased, reflecting domestic institutional support.
- Strong fundamentals with consistent profitability and dividend payouts.
Industry
- Industry PE at 24.3 suggests sector trades at lower valuations compared to TITAN’s high P/E.
- Jewelry and lifestyle sector remains resilient with long-term demand outlook.
Conclusion
⚖️ TITAN is consolidating near its moving averages, showing indecision in momentum. Short-term traders may consider entry near 3,950–3,970 ₹ with strict stop-loss, targeting 4,050–4,100 ₹ resistance. Long-term investors should be cautious of high valuations and leverage before fresh positions.