🛞 Tolins Tyres Ltd. (CMP ₹192.53) – Swing & Positional Trade Setup
Tolins Tyres Ltd. is a fast-growing tyre manufacturer in India, producing tyres for two-wheelers, three-wheelers, light commercial vehicles (LCVs), and agricultural vehicles. The company also exports to several countries and has seen consistent improvement in revenue and profit over recent quarters.
The stock has been showing strong momentum, and with current levels near ₹190–₹195, it offers both swing and positional trading opportunities.
📊 Company Snapshot
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CMP: ₹192.53
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Sector: Auto Ancillaries / Tyre Manufacturing
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52-Week Range: ₹108 – ₹259
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P/E Ratio: ~17×
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Revenue (TTM): ₹2.9 Billion
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Net Profit: ₹390 Million
Fundamentally, Tolins is stable with improving margins. Technically, it is holding above key moving averages — a bullish signal for short-term traders.
⚙️ Swing Trade View
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Entry Zone: ₹188 – ₹195
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Stop Loss: ₹178 (Closing Basis)
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Target 1: ₹210
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Target 2: ₹220
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Expected Holding Period: 7 – 15 trading days
Reasoning:
The stock has maintained strength above ₹185 and is forming higher lows on the daily chart. If it sustains above ₹190 with good volume, a quick move toward ₹210–₹220 is possible in the short term.
Profit booking can be considered once it reaches ₹210 or if RSI enters the overbought zone (>75).
🏁 Positional Trade View
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Entry Zone: ₹185 – ₹195
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Stop Loss: ₹170 (Closing Basis)
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Target 1: ₹235
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Target 2: ₹260
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Expected Holding Period: 3 – 6 weeks
Reasoning:
The stock remains in a steady uptrend on the weekly chart. Sustaining above ₹200 will likely attract more positional buying interest. If overall market sentiment stays positive, Tolins could retest its 52-week high zone of ₹259 within a month or two.
🧭 Trade Plan Summary
| Type | Entry | Stop Loss | Target(s) | Duration |
|---|---|---|---|---|
| Swing Trade | ₹188–₹195 | ₹178 | ₹210–₹220 | 7–15 days |
| Positional Trade | ₹185–₹195 | ₹170 | ₹235–₹260 | 3–6 weeks |
⚠️ Key Points to Remember
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Always use a closing basis stop-loss.
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Book partial profits near the first target and trail stop-loss for the rest.
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Watch for volume confirmation and auto sector cues before fresh entry.
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Avoid entering if the stock closes below ₹178 — that would signal trend weakness.
💬 Conclusion
Tolins Tyres Ltd. (CMP ₹192.53) looks bullish on both daily and weekly charts.
With proper risk management, the stock has potential to deliver 8–15% swing returns and 20–30% positional gains in the coming weeks.
Disciplined traders can aim for solid returns while keeping an eye on support levels and market trends.
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