DEVYANI - Swing Trade Analysis

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

Swing Trade Rating: 2.7

📊 Analysis Summary

DEVYANI is currently in a technical and fundamental downtrend, making it a weak candidate for swing trading. The stock has shown poor earnings performance, negative ROE, and high leverage. While volume is steady and MACD is slightly positive, the overall setup lacks conviction. This trade would be speculative and high-risk.

🔍 Technical Indicators

RSI (39.2): Bearish — approaching oversold, but no reversal signal yet.

MACD (+0.16): Barely positive — lacks momentum strength.

Price vs DMA

Current Price (₹167) is below both 50 DMA and 200 DMA (₹171) — bearish alignment.

Volume: Slightly above average — neutral signal.

📈 Fundamental Snapshot

P/E: Not available — likely due to negative earnings.

ROE (-0.95%) & ROCE (6.42%): Weak — poor capital efficiency.

EPS (₹0.08) vs Price (₹167): Extremely overvalued.

Qtr Profit Growth (-97.3%): Sharp decline — major red flag.

FII Holding ↓, DII Holding ↑: Mixed institutional sentiment.

Debt to Equity (2.91): Very high — financial risk is elevated.

Dividend Yield (0.00%): None — not relevant for swing trading.

Book Value (₹9.07) vs Price (₹167): Price is far above intrinsic value.

✅ Entry Strategy (If Not Holding)

Avoid entry until RSI crosses 45 and MACD shows stronger momentum.

If attempting a speculative entry, Optimal Entry Price: ₹160–₹165 range near support.

Confirm with volume surge and bullish candlestick pattern.

🚪 Exit Strategy (If Already Holding)

Exit near ₹175–₹180, where short-term resistance lies.

If price drops below ₹160, consider stop-loss at ₹155 to limit downside.

⚖️ Final Verdict

DEVYANI is a high-risk, low-conviction swing trade with poor fundamentals and weak technicals. Unless a strong reversal signal emerges, it’s best avoided for swing trading. Only suitable for speculative traders with tight risk controls.

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