COHANCE - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.4

📉 Current Price: ₹742

📊 RSI: 25.2 (Oversold zone)

📉 MACD: -38.5 (Strong bearish momentum)

📉 DMA 50 / 200: ₹883 / ₹980 (Price well below both averages)

📉 Volume: 6,95,746 vs 1Wk Avg 26,45,135 (Significantly lower interest)

💰 Market Cap: ₹28,369 Cr

📉 Qtr Profit Decline: -22.4%

📉 FII Holding: -0.72%

📈 DII Holding: +9.41%

📌 Optimal Entry Price

🎯 Entry Range: ₹725–₹740 (Near 52-week low and RSI oversold)

📤 Exit Strategy

💡 Exit if: Price approaches ₹850–₹880 or RSI crosses 65 with weakening volume.

✅ Positive

• ROCE (16.0%) and ROE (12.5%) indicate decent capital efficiency
• Low debt-to-equity ratio (0.04) supports financial stability
• DII holding surged (+9.41%), showing strong domestic institutional confidence
• RSI in oversold zone suggests potential technical rebound

⚠️ Limitation

• Price significantly below both 50 DMA and 200 DMA
• MACD shows strong bearish momentum
• Very high P/E (80.4) vs industry P/E (33.1)
• Negative PEG ratio (-3.90) indicates poor valuation relative to growth
• Volume far below weekly average

📰 Company Negative News

• Quarterly PAT dropped from ₹134 Cr to ₹58.6 Cr
• FII holding declined by 0.72%

📈 Company Positive News

• DII holding increased sharply, signaling domestic confidence
• Fundamentals remain stable despite short-term profit dip

🏭 Industry

• Industry P/E: 33.1 (much lower than stock P/E)
• Sector may be under pressure due to valuation concerns and earnings volatility

🔚 Conclusion

COHANCE presents a speculative swing trade opportunity with technical oversold signals and strong DII support. However, weak momentum and valuation risks warrant caution. Entry near ₹725–₹740 is tactical, with an exit target around ₹850–₹880. A stop-loss below ₹710 is recommended to manage downside risk.

I can also track RSI and MACD trends for COHANCE to alert you when bullish momentum begins to build.