TRITURBINE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.6

📈 Technical Analysis

• Chart Patterns: TRITURBINE is trading near the lower end of its 52-week range (529 ₹ vs 793 ₹), showing weakness and bearish undertone.
• Moving Averages: Current price (529 ₹) is below both 50 DMA (535 ₹) and 200 DMA (561 ₹), confirming mild downward pressure.
• RSI: At 43.7, RSI indicates weak momentum, neither oversold nor strong enough for bullish reversal.
• MACD: Slightly negative at -1.90, signaling short-term bearish bias.
• Bollinger Bands: Price near lower band, suggesting oversold condition and potential minor rebound.
• Volume Trends: Current volume (1.41L) is lower than average weekly volume (2.57L), showing reduced participation and weaker conviction.

🎯 Momentum & Trade Zones

• Support Levels: 520 ₹ immediate support, 500 ₹ strong support, and long-term support at 455 ₹.
• Resistance Levels: 535 ₹ (50 DMA) and 561 ₹ (200 DMA).
• Entry Zone: Accumulate cautiously near 520–530 ₹ if rebound signals appear.
• Exit Zone: Short-term exit near 560–570 ₹; medium-term exit near 600 ₹.
• Trend: Stock is currently reversing downward but may consolidate near support levels.

✅ Positive

• Strong ROCE (47.6%) and ROE (36.5%), indicating excellent operational efficiency.
• EPS at 11.9 ₹ reflects earnings strength.
• Quarterly PAT improved from 67 Cr. to 95.5 Cr. (+6.11% variation).
• DII holding increased by 1.73%, reflecting domestic institutional support.
• Debt-free balance sheet (Debt-to-equity: 0.00).

⚠️ Limitation

• Stock trading below both 50 & 200 DMA, confirming bearish trend.
• High P/E ratio (48.1) compared to industry average (43.9), suggesting premium valuation.
• PEG ratio at 0.99 indicates valuation is stretched relative to growth.
• Volume lower than average, showing reduced investor interest.

📉 Company Negative News

• FII holding reduced by -1.85%, showing weaker foreign investor confidence.
• 52-week index at only 22%, reflecting underperformance.

📊 Company Positive News

• Quarterly profits improved modestly (+6.11%).
• DII holding increased by 1.73%, showing domestic support.
• Strong return ratios (ROCE & ROE) highlight operational efficiency.
• Debt-free balance sheet ensures resilience.

🏭 Industry

• Industry P/E at 43.9, slightly lower than TRITURBINE’s 48.1, suggesting premium valuation.
• Engineering and energy sector outlook remains steady, but valuations are stretched.

📝 Conclusion

• TRITURBINE is in a bearish reversal phase, trading below key moving averages.
• Oversold signals suggest possible short-term bounce, but momentum remains weak.
• Best strategy: cautious accumulation near 520–530 ₹ with strict stop-loss; exit near 560–570 ₹.
• Medium-term outlook cautiously positive; recovery depends on sustaining earnings growth and crossing 561 ₹ resistance.