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TMPV:NSETMPV FUTURES Analysis

Data as of 2026-05-23 - not real-time

₹363.35

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

Price action is currently trading at 363.35, comfortably above the 20‑day SMA (351.06) and the 50‑day SMA (337.32), indicating short‑term strength. The MACD is bullish with the line (4.63) above its signal (3.36) and a positive histogram, while the RSI sits near 60, suggesting momentum is still intact but not overbought. Volume is increasing, supporting the price advance and reinforcing the bullish technical setup. However, the broader trend direction is labeled neutral and 30‑day volatility is elevated at over 32%, implying the stock could swing sharply on new information. The computed beta is negative, hinting an inverse correlation to the market, and the Fear & Greed Index reads “Extreme Greed,” reflecting heightened investor optimism. Recent news shows a **31% YoY rise in passenger vehicle sales** and a **72% surge in EV sales**, underpinning the price move and suggesting a robust demand backdrop.
Fundamentally, the company offers a 1.65% dividend yield and a forward P/E of 6.76, indicating valuation appeal. Support sits around 333.65 and resistance near 366.95, giving the stock a relatively tight trading range with upside potential. The combination of strong sales momentum, favorable valuation, and bullish technical signals supports a positive near‑term outlook, while high volatility and a neutral longer‑term trend advise cautious positioning.

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 8/10

Key Factors

  • Bullish MACD and price above short‑term SMAs
  • Strong YoY sales growth, especially in EVs
  • Increasing volume and extreme greed sentiment

Medium Term

1–3 years
Neutral
Model confidence: 7/10

Key Factors

  • Neutral longer‑term trend and elevated volatility
  • Valuation remains attractive with low forward P/E
  • Potential headwinds from macro‑economic rate changes

Long Term

> 3 years
Positive
Model confidence: 9/10

Key Factors

  • Sustained EV demand growth trajectory
  • Improving earnings outlook and dividend yield
  • Strategic positioning in a transitioning automotive sector

Key Metrics & Analysis

Commodity Metrics

Spot Price363.35
Futures CurveFlat
Inventory LevelLow
Supply/Demand RegimeTight
USD SensitivityMedium
Rates SensitivityMedium
Geopolitical SensitivityLow

Technical Analysis

TrendNeutral
RSI59.9
Support₹333.65
Resistance₹366.95
MA 20₹351.06
MA 50₹337.32
MA 200₹359.30
MACDBullish
VolumeIncreasing
Fear & Greed Index91.61

Risk Assessment

Beta-0.46
Volatility32.43%
Sector RiskMedium
Geo RiskMedium
Currency RiskLow
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.