TRITURBINE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | TRITURBINE | Market Cap | 15,914 Cr. | Current Price | 500 ₹ | High / Low | 687 ₹ |
| Stock P/E | 45.6 | Book Value | 35.1 ₹ | Dividend Yield | 0.80 % | ROCE | 47.6 % |
| ROE | 36.5 % | Face Value | 1.00 ₹ | DMA 50 | 515 ₹ | DMA 200 | 548 ₹ |
| Chg in FII Hold | -1.22 % | Chg in DII Hold | 0.72 % | PAT Qtr | 95.5 Cr. | PAT Prev Qtr | 67.0 Cr. |
| RSI | 48.2 | MACD | -11.9 | Volume | 92,744 | Avg Vol 1Wk | 3,43,885 |
| Low price | 454 ₹ | High price | 687 ₹ | PEG Ratio | 0.94 | Debt to equity | 0.00 |
| 52w Index | 19.8 % | Qtr Profit Var | 6.11 % | EPS | 11.9 ₹ | Industry PE | 35.4 |
📊 Chart Patterns: TRITURBINE is trading at 500 ₹, below both 50 DMA (515 ₹) and 200 DMA (548 ₹). The price has corrected from its 52-week high (687 ₹) and is consolidating near support levels, showing weak momentum.
📈 Moving Averages: Current price is under both short-term and long-term averages, confirming bearish sentiment. A breakout above 515–520 ₹ could indicate recovery, while failure to hold 490–495 ₹ may trigger further downside.
📉 RSI: At 48.2, RSI suggests neutral-to-weak momentum, neither oversold nor overbought.
📉 MACD: Negative at -11.9, showing bearish divergence and lack of strong buying signals.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term support.
📊 Volume Trends: Current volume (92k) is significantly lower than average weekly volume (3.4 lakh), suggesting reduced participation and weak investor interest.
📌 Momentum Signals: Short-term momentum remains weak. Support lies around 490–495 ₹, while resistance is near 515–520 ₹.
🎯 Entry Zone: 490–500 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 515–520 ₹ (near 50 DMA resistance).
🔎 Trend Status: The stock is consolidating with bearish bias, awaiting breakout direction.
Positive
- EPS of 11.9 ₹ indicates profitability.
- ROCE (47.6%) and ROE (36.5%) reflect excellent capital efficiency.
- Quarterly PAT improved from 67 Cr. to 95.5 Cr. (6.11% growth).
- DII holdings increased by 0.72%, showing domestic institutional support.
- Debt-to-equity ratio of 0.00 ensures financial stability.
Limitation
- Stock trading below both 50 DMA and 200 DMA shows weak technical strength.
- MACD remains negative, showing weak momentum.
- PEG ratio of 0.94 signals moderate valuation relative to growth.
- Volume participation is lower than average, indicating cautious sentiment.
Company Negative News
- FII holdings decreased by -1.22%, showing reduced foreign investor confidence.
- Stock price corrected sharply from 687 ₹ high to current levels.
Company Positive News
- Quarterly PAT growth signals improving operational efficiency.
- DII holdings increased, reflecting domestic institutional support.
Industry
- Industry PE at 35.4 suggests sector trades at lower valuations compared to TRITURBINE’s P/E of 45.6.
- Engineering and energy sector remains stable with long-term demand outlook.
Conclusion
⚖️ TRITURBINE is consolidating with a bearish bias, trading below key moving averages and showing weak momentum. Short-term traders may consider entry near 490–500 ₹ with strict stop-loss, targeting 515–520 ₹ resistance. Long-term investors should wait for a breakout above 548 ₹ (200 DMA) with sustained volume before fresh positions.