TVSMOTOR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | TVSMOTOR | Market Cap | 1,70,477 Cr. | Current Price | 3,594 ₹ | High / Low | 3,909 ₹ |
| Stock P/E | 48.6 | Book Value | 205 ₹ | Dividend Yield | 0.28 % | ROCE | 34.7 % |
| ROE | 30.6 % | Face Value | 1.00 ₹ | DMA 50 | 3,637 ₹ | DMA 200 | 3,280 ₹ |
| Chg in FII Hold | 0.19 % | Chg in DII Hold | -0.06 % | PAT Qtr | 971 Cr. | PAT Prev Qtr | 906 Cr. |
| RSI | 44.2 | MACD | -14.0 | Volume | 4,64,451 | Avg Vol 1Wk | 11,25,395 |
| Low price | 2,191 ₹ | High price | 3,909 ₹ | PEG Ratio | 1.12 | Debt to equity | 0.37 |
| 52w Index | 81.6 % | Qtr Profit Var | 57.0 % | EPS | 73.2 ₹ | Industry PE | 27.2 |
📈 Chart Patterns & Trend: TVSMOTOR is trading at 3,594 ₹, slightly below the 50 DMA (3,637 ₹) but above the 200 DMA (3,280 ₹), indicating medium-term strength with short-term weakness. RSI at 44.2 suggests neutral momentum leaning toward oversold territory. MACD at -14.0 shows bearish crossover, signaling short-term pressure. Bollinger Bands place price near the middle-lower range, hinting at consolidation.
📊 Volume Trends: Current volume (4.6 lakh) is significantly lower than the 1-week average (11.2 lakh), reflecting weak participation and cautious sentiment among traders.
🎯 Momentum Signals:
- Price above 200 DMA but below 50 DMA indicates consolidation.
- RSI neutral, suggesting sideways movement.
- MACD negative, reinforcing short-term weakness.
💡 Entry Zone: 3,500–3,550 ₹ (near support).
🚪 Exit Zone: 3,850–3,900 ₹ (near resistance and 52-week high).
🔎 Overall Trend: The stock is consolidating between support and resistance levels. Sustained recovery requires crossing 3,637 ₹ (50 DMA) with volume support.
Positive
- Strong ROCE of 34.7% and ROE of 30.6% indicate excellent efficiency.
- EPS of 73.2 ₹ supports robust earnings base.
- FII holdings increased (+0.19%), showing foreign investor confidence.
- Quarterly profit variation improved (+57.0%), highlighting growth momentum.
Limitation
- Stock trading below 50 DMA, showing short-term weakness.
- High P/E of 48.6 compared to industry PE of 27.2, suggesting premium valuation.
- DII holdings decreased (-0.06%), reflecting reduced domestic institutional support.
- Volume trends show declining investor participation.
Company Negative News
- MACD negative, signaling short-term bearish momentum.
- Stock price corrected from recent highs of 3,909 ₹.
Company Positive News
- Quarterly PAT improved from 906 Cr. to 971 Cr.
- Strong fundamentals with high ROCE and ROE.
- FII support increased, signaling global confidence.
Industry
- Industry PE at 27.2 is lower than TVSMOTOR’s PE, highlighting premium valuation.
- Automobile sector supported by rising demand in two-wheelers and exports.
- Sector consolidation favors established players like TVSMOTOR.
Conclusion
TVSMOTOR is consolidating near support levels with mixed momentum signals. Entry near 3,500–3,550 ₹ offers favorable risk-reward, while resistance lies at 3,850–3,900 ₹. The stock needs stronger volume and a break above 3,637 ₹ to confirm bullish reversal. Long-term fundamentals remain strong, but short-term traders should be cautious until momentum improves.
I can also prepare a comparative snapshot of TVSMOTOR vs SYRMA to highlight which one offers stronger near-term trading potential.