Titan Industries Ltd is India’s largest quartz watch manufacturer and the world’s sixth-largest branded watch maker, with brands like Fastrack, Sonata, and Titan Raga. They also market Tommy Hilfiger and Hugo Boss watches. In the jewellery segment, their brand Tanishq offers a diverse range of diamond, gold, and platinum pieces. Titan has expanded into eyewear with Fastrack and Titan eye+, and into automation solutions with Titan Automation Solution (TAS) and trophy manufacturing through Titan Trophe.
Previous Close
3,764.25
TTM EPS
38.91
52 Week High
3,886.95
TTM PE
96.81
52 Week Low
3,055.65
P/B
35.79
Sector PE
90.36
Mkt Cap (Rs. Cr.)
3,34,429
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
TITAN has given a Rectangle pattern breakout on the weekly chart, closing above the 20-week consolidation zone.
Stock has shown above-average volumes at breakout indicating a confirmed breakout.
Momentum Indicator RSI (14) has given a rectangle pattern breakout and moved above the trend line resistance above the 55 mark indicating an overall bullish momentum to continue in coming sessions.
Stock has been trading above major EMA on the weekly chart maintaining the bullish momentum.
MACD has given a positive crossover indicating a positive momentum shift.
Oberoi Realty Limited is a real estate development company with a portfolio that includes residential, office space, retail, hospitality, and social infrastructure. Key projects include Oberoi Garden City in Goregaon, featuring Oberoi Mall, The Westin Mumbai Garden City, and various residential complexes. Other notable developments are Oberoi Splendor in Andheri and Oasis in Worli, a joint venture project. The company operates in two segments: Real Estate and Hospitality, and sold its subsidiary Triumph Realty Private Limited in the fiscal year ended March 31, 2012.
Previous Close
1,767.50
TTM EPS
60.22
52 Week High
1,953.05
TTM PE
30.13
52 Week Low
1,051.10
P/B
4.77
Sector PE
106.29
Mkt Cap (Rs. Cr.)
65,973
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
OBEROI REALTY has given a Flag pattern breakout on the weekly chart, closing above the 5-week consolidation zone.
Stock has shown above-average volumes at breakout indicating a confirmed breakout.
Momentum Indicator RSI (14) has taken trend line support near 55 levels and moved higher above 60 levels with a bullish crossover on the cards.
Stock has been trading above 50 EMA on the weekly chart maintaining the bullish momentum.
The counter is trading in a higher high higher low formation on the broader time frame.
Disclaimer: This document is not intended for anyone other than the recipient. The contents of this document may not be reproduced or further distributed to any person or entity, whether in whole or in part, for any purpose. If you have received the publication in error please notify the sender immediately. If you are not the named addressee, you should not disseminate, distribute or copy this document. You are hereby notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. All non-authorised reproduction or use of this document will be the responsibility of the user and may lead to legal proceedings. This document has no contractual value and is not and should not be construed as advice or as an offer or the solicitation of an offer or a recommendation to take action in consonance in any jurisdiction. Finwizard Technology Private Limited (“Fisdom”) makes no guarantee, representation or warranty and accepts no responsibility or liability for the accuracy or completeness of the information and/or opinions contained in this document, including any third party information obtained from sources it believes to be reliable but which has not been independently verified. In no event will Fisdom be liable for any damages, losses or liabilities including without limitation, direct or indirect, special, incidental, consequential damages, losses or liabilities, in connection with your use of this document or your reliance on or use or inability to use the information contained in this document, even if you advise us of the possibility of such damages, losses or expenses. Fisdom does not undertake any obligation to issue any further publications or update the contents of this document. The information stated and/or opinion(s) expressed herein are expressed solely as general commentary for general information purposes only and do not constitute advice, solicitation or recommendation to act upon thereof. Fisdom does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. The information contained within this document has not been reviewed in the light of your personal circumstances. Please note that this information is neither intended to aid in decision making for legal, financial or other consulting questions, nor should it be the basis of any investment or other decisions. Fisdom may have issued other similar documents that are inconsistent with and reach different conclusion from the information presented in this document. The relevant offering documents should be read for further details. You should make such researches/inspections/inquiries as it deems necessary to arrive at an independent evaluation of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks involved. Fisdom makes no representations that the offerings mentioned in this document are available to persons of any other country or are necessarily suitable for any particular person or appropriate in accordance with their local law. Among other things, this means that the disclosures set forth in this document may not conform to rules of the regulatory bodies of any other country and investment in the offer discussed will not afford the protection offered by the local regulatory regime in any other country. Past performance contained in this document is not a reliable indicator of future performance whilst any forecasts, projections and simulations contained herein should not be relied upon as an indication of future results. The historical performance presented in this document is not indicative of and should not be construed as being indicative of or otherwise used as a proxy for future or specific investments. The relevant product documents should be read for further details. Fisdom does not undertake any obligation to issue any further publications to you or update the contents of this document and such contents are subject to changes at anytime.
More than 2 Lakh investors like you read our newsletter 'The Signal'
Subscribe now for easy to understand stock market insights in your inbox once a week
