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Technical Report on Titan Company Ltd by Shyam Advisory

January 3, 2022

Titan Company Ltd is among India’s most respected lifestyle companies. It has
established leadership positions in the Watches, Jewellery and Eyewear categories
led by its trusted brands and differentiated customer experience. It was founded in
1984 as a joint-venture between TATA Group and Tamilnadu Industrial
Development Corporation (TIDCO)

TITAN 1 - Shyam Advisory
Technical View: The stock had a down trend breakout with strong bullish candle,
Structure look positive it is above to form double bottom structure, RSI is in to
buying zone and MACD crossover is supporting trend, Classical Elite down trend
wave breakout pattern. Structure may give positive move in near term.
Volume analysis: – 1 Day Delivery volume increased by 144.44% over 5 day
average , However; 1 Month: Delivery volume fell by -26.47%, Hence; recommend
BUY signal for this share. As stock had breakout in last session it may test the
breakout level, Therefore; We advise to BUY at 2480, Target 2568, Target 2600,
Stop loss can be kept 2400.
Moving Averages: – Titan Company Ltd. is trading higher than 5 day, 20 day,
50 day, 100 day and 200 day moving averages
5 Day 2,373.17 50 Day 2,396.08 200 Day 1,919.07
20 Day 2,344.07 100 Day 2,230.04
Date:-3/01/2022
Shareholding pattern:-

TITAN 2 - Shyam Advisory
Promoters holding 52.9%, No change in Promoter holdings, No change in Promoter
pledged shares.
P/E Ratio
165.67
1-Yr Return
60.59
(Best) P/E Ratio
0.00
30 DA Vol (m)
0.06
(Best) PEG Ratio
9.09
EPS (Rs.)
10.96
Shares Outstanding (cr)
887.79
Best EPS Curr (Rs.)
21.11
Price/Book Ratio
21.56
Dividend
0.22
Price/Sales Ratio
8.02
Last Dividend
4.00