TITAN - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.3

📈 TITAN is currently in a trending phase with strong bullish momentum and price action near its 52-week high. Entry zone: ₹3,680–₹3,745; exit zone: ₹3,790–₹3,850. Watch for breakout continuation above ₹3,800 with volume confirmation.

📊 Technical Overview

• Price Action: Trading at ₹3,745, above both 50-DMA (₹3,584) and 200-DMA (₹3,481), confirming bullish trend.
• RSI (65.1): Approaching overbought zone, indicating strong momentum but caution for short-term pullback.
• MACD (66.5): Strong bullish crossover, confirming upward momentum.
• Bollinger Bands: Price near upper band, suggesting strength but possible resistance.
• Volume: Slightly below 1-week average, but still healthy for trend continuation.
• Support Zones: ₹3,680 (S1), ₹3,584 (S2)
• Resistance Zones: ₹3,790 (R1), ₹3,850 (R2)

✅ Positive

• Strong ROE (21.3%) and ROCE (17.2%) reflect efficient capital utilization.
• EPS of ₹40.5 supports valuation and earnings visibility.
• Quarterly PAT increased from ₹870 Cr. to ₹1,030 Cr., a 33.8% jump.
• Price trading above key moving averages confirms bullish trend.

⚠️ Limitation

• Stock P/E (92.5) is significantly higher than industry average (31.7), indicating premium valuation.
• PEG ratio of 6.36 suggests overvaluation relative to growth.
• Debt-to-equity ratio of 1.02 is relatively high for a consumer company.
• RSI nearing overbought zone, caution for short-term traders.

📉 Company Negative News

• Decline in FII holdings (-1.43%) reflects reduced foreign investor confidence.
• High valuation may limit upside in near term without earnings surprise.

📈 Company Positive News

• DII holdings increased (+1.40%), showing strong domestic institutional support.
• Strong performance in jewelry and watch segments driving growth.
• Board meeting scheduled for 03 Nov 2025 to announce quarterly results.

🏢 Industry

• Gems & Jewellery sector benefits from festive demand and rising discretionary spending.
• Industry P/E of 31.7 reflects moderate valuation across peers.

🧭 Conclusion

• TITAN is trending upward with strong technical momentum and bullish indicators.
• Entry zone: ₹3,680–₹3,745; exit zone: ₹3,790–₹3,850 for short-term swing trades.
• Long-term investors may accumulate on dips, supported by strong fundamentals and sector tailwinds.