possible pole n flag in TCI EXPRESSTCI Express Limited is an express cargo logistics company with its own set up across India. It carries distribution through various modes of transport and is specialized in offering time definite solutions.
TCIEXP trade ideas
A transportation stock available at a 50% discountTCI Express CMP 1115
Fibs- the stock is at a strong fib support.
Double bottom - At this strong support we have a directional signal double bottom.
Elliott - I can see 5 waves in the first impulse wave. Hence this dip is the wave 2 and is the best place to buy.
Conclusion - This stock is available at a 50% discount. In my view its a steal.
The stunner called Fibonacci TCI Express - The stunner called Fibs- a case study
See how the Fib confluence nailed the top in this stock.
That long candle with a small body is a long legged doji indicating reversal.
RSI on two time frame charts was above 80 indicating euphoria.
Even if we missed the top
Its a V shaped fall which is a directional signal.
The clincher is the rally post the fall. It is unable to break above the 61.8% of its swing.
Now see the RSI it has halted in the bear zone.
Conclusion - Study price !! coz everything else is a derivative of price
#TCITCI Express Ltd:
#TCI Stock trading at important support which is a PRZ Area. Good opportunity to buy near 995-1005.
SL is 790. Mid term Target is 1490 and Long term Target is 2245.
#TCIE
Reasons to Buy the Stock
Debt-Free Status:
The company is almost debt-free, which reduces financial risk and interest obligations, enhancing profitability.
Healthy Dividend Payout:
The company has been maintaining a healthy dividend payout of 21.1%, indicating a strong cash flow and commitment to returning value to shareholders.
Strong Return Ratios:
With a Return on Capital Employed (ROCE) of 26.5% and Return on Equity (ROE) of 20.2%, the company demonstrates efficient use of capital and strong profitability.
Price to Earnings Ratio:
The P/E ratio of 35.6, though higher, is justified by the company's robust financial metrics and growth prospects.
Consistent Profitability:
The company has shown consistent net profits and positive EPS over the years, indicating stable operations and financial health.
Future Investments and Planning
Expanding Fixed Assets:
The increase in fixed assets from ₹320 Cr in 2022 to ₹452 Cr in 2024 suggests ongoing investments in infrastructure and capacity expansion.
Strategic Investments:
The company has increased its investments significantly from ₹33 Cr in 2023 to ₹94 Cr in 2024, indicating strategic moves to enhance its growth and market position.
Research and Development:
Continued investments in CWIP (Capital Work in Progress) reflect a focus on new projects and innovation to maintain a competitive edge.
Dividend Policy:
Maintaining a healthy dividend payout shows the company’s commitment to reward shareholders while reinvesting for future growth.
Key Metrics
Metric Value
Market Cap ₹4,661 Cr.
Current Price ₹1,215
High / Low ₹1,605 / 998
Stock P/E 35.6
Book Value ₹184
Dividend Yield 0.68%
ROCE 26.5%
ROE 20.2%
Face Value ₹2.00
Promoter Holding 69.61%
Financial Performance
Sales Growth: The company’s sales have grown from ₹844 Cr in 2021 to ₹1,254 Cr in 2024, showing steady growth.
Net Profit: The net profit has increased from ₹101 Cr in 2021 to ₹132 Cr in 2024, reflecting improved profitability.
#TCIE 1213
SHORT & POSITIONAL TERM TARGETS: 1360, 1586, 1768, 1950, 2209 & 2540
TCI Express LTD TCI Express A good Breakout And now retest Time. currently price of tci express 1220 keep stop loss 1190 not recommend buy and sell signal do enjoy our analysis.
TCI Express LTD TCI Express A good Breakout And now retest Time. currently price of tci express 1220 keep stop loss 1190 not recommend buy and sell signal do enjoy our analysis.
The fall is overTCI Express CMP 1131
Elliott- Thats a double zig zag. In my view it is complete.
Candlestick- last two candles were inverted hammer which are reversal patterns.
Fib- that zone at 1000 is a strong support.
THis stock is a wonderful buy.
TCI EXPRESS- Swing Trade Analysis - 12th May #stocksTCI EXPRESS (1D TF) - Swing Trade Analysis given on 12th May, 2024
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Daily Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
* Disclaimer
the correction is nearing its completion TCI Express CMP 1037
This is a zig zag corrective pattern and should complete its wave c around 890. It will also get support from the trend line below. All in all this is a zone of strong support and a high probability reversal zone. We will look for reversal signals here to buy this counter.
TCI EXP is good to go long.It's structure is good and at in extreme discount. Below these levels, it will change its structure to the downside so high chances of reversal from this zone. We can plan an entry once it changes its structure in a smaller TF and gets aligned with HTF.
TCI Express looking good for solid upmoveTCI Express looking set for solid up move, one can wait for better confirmation once the stock moves above 1440/-
The falling wedge with multiple touches on both the sides of the trendline making it ready for a violent move and most probably on the upside.
Aggressive trader can add at current market price as well with 100 points of SL.
Strong fundamental Stock at Support LevelTCI Express Technical Analysis:
1. Moving Average Analysis:
200 Days Moving Average (DMA): The fact that the stock has taken support at the 200 DMA suggests a potential bullish signal. If the current market price (CMP) is above the 200 DMA, it could indicate a positive trend.
2. Current Market Price (CMP):
The CMP of TCI Express is at 1414. If the stock is trading above its support levels and moving averages, it may indicate bullish momentum.
3. Price Targets:
The provided price targets of 1666 and 1948 can be considered as potential resistance levels. Investors should watch how the stock performs around these levels. A break above these targets could signify further upward movement.
4. Revenue Outlook:
The mention of outstanding revenue doesn't provide specific details. However, it's crucial to analyze the company's financial health, revenue growth trends, and any recent financial reports to understand the fundamental strength of the stock.
5. Risk Factors:
Identify potential risks that could affect the stock negatively, such as industry trends, economic conditions, or specific company-related risks. Always consider a risk management strategy.
6. Market Sentiment:
Analyze market sentiment through social media, news articles, and other sources to gauge the broader investor perception of TCI Express.
20% upside potential in TCI ExpressThe stock has experienced a decline of over 40% from its all-time high (ATH) and is currently trading below its 200-day moving average (MA).
It is exhibiting a consistent trading pattern within a range of 1385 to 1685, which constitutes a 20% range. The stock has found support at multiple points within this range and has made three such movements from 1385 to 1685 in the past three years.
Seems like W pattern is also getting formed.
From a fundamental perspective, the company is reporting its highest-ever revenue and profit figures, and it has a promising expansion plan in place as well.
TCI Express - Round bottom breakout possibilityTCI Express :
Reversal - Round bottom breakout possibility
Stay long above 1500 with immediate support at 1485
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Descending Triangle
📌 Symbol/Asset: Tci Express Ltd
🔍 Description: Stock is available at the long term as well as at the pattern's support.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
NSE:TCIEXPNSE:TCIEXP
Buy above 1450
SL below 1373.5
Targets: 1495/1526/1557/1599
++Educationala purpose only++
TCIEXP | Breakout | Volume ShockerEntry at today's closing price: 1573.4
SL, TARGET mentioned in chart.
looks like trend reversal.
Risk Reward = 1:1
TCI EXPRESS LTD - 56% RETURNS!!!BUY - TCI EXPRESS LTD
CMP - Rs. 1638
Target - 1: Rs. 2240
Target - 2: Rs. 2560
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Technicals - Bullish Triangle Pattern BO
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This is just a view by an expert analyst, please invest at your own risk.
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TCI Express :ResistanceTCI Express :
Trying hard to break strong resistance
Need to sustain 1615 levels for a quick 1750
TCIEXPRESS will hit a target price of 2000Long term traders can open their positions with TCIEXPRESS. Current Market price is at 1484.
Will reach to 2000 level by Sep 2023
TCIEXP - Bullish Momentum with VolumesNSE: TCIEXP is closing with a bullish candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along with the trendline support over the past few days which is creating the up trend.
One can look for a 10% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
CUP AND HANDLE BULLISH CHART PATTERNShowing long on the chart.
levels are on the chart
take entry at your own risk
