COCHINSHIP - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 3.7

📊 Analysis Summary

COCHINSHIP is currently in a technical downtrend, but its strong earnings growth and institutional buying make it a watchlist-worthy swing trade candidate. The stock is oversold and trading near its 200 DMA, which could act as a support level. However, high valuation and weak momentum suggest caution before entry.

🔍 Technical Indicators

RSI (31.1): Oversold — potential for a short-term bounce.

MACD (-67.1): Strongly bearish — momentum is weak.

Price vs DMA

Current Price (₹1,766) is below 50 DMA (₹1,919) and slightly above 200 DMA (₹1,701) — testing long-term support.

Volume: Above weekly average — indicates active interest despite recent weakness.

📈 Fundamental Snapshot

P/E (56.1) vs Industry PE (50.6): Slightly overvalued.

PEG Ratio (4.16): High — growth is expensive.

ROE (15.6%) & ROCE (20.0%): Solid profitability.

EPS (₹31.4) vs Price (₹1,766): Valuation is stretched.

Qtr Profit Growth (+10.9%): Positive earnings momentum.

FII Holding ↑ (0.99%): Foreign investors increasing exposure — bullish.

DII Holding ↓ (-0.49%): Mild domestic trimming — not a major concern.

Debt to Equity (0.10): Low — strong financial health.

✅ Entry Strategy (If Not Holding)

Optimal Entry Price: ₹1,720–₹1,750 range, near 200 DMA support.

Wait for RSI to cross 40 and MACD to show signs of reversal.

Look for volume pickup and bullish price action confirmation.

🚪 Exit Strategy (If Already Holding)

Exit near 50 DMA (₹1,900–₹1,950) or partial booking at ₹2,000.

If price breaks below ₹1,700, consider stop-loss at ₹1,670 to limit downside.

⚖️ Final Verdict

COCHINSHIP is a technically weak but fundamentally resilient stock. It’s suitable for swing trading if technical indicators begin to reverse. Traders should be cautious and wait for confirmation before entering. Ideal for a short-term bounce, not aggressive momentum.

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