FINCABLES - Swing Trade Analysis

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

Swing Trade Rating: 3.3

FINCABLES appears fundamentally sound, but technically it's under pressure. While the current price suggests value, swing trading this stock requires disciplined entry and exit due to weak momentum.

📊 Fundamental Pulse

Valuation & Earnings

P/E of 19.8 vs Industry PE of 30.3 → Fairly priced

EPS: ₹45.8, ROE: 13.4%, ROCE: 17.6% → Solid profitability and capital efficiency

Balance Sheet Strength

Debt-to-Equity: 0.00 → Zero leverage, very attractive

Book Value: ₹359 → Strong intrinsic value

Dividend Yield: 0.88% → Reasonable, not exceptional

Qtr Profit Var: 3.01% → Muted growth, but stable

PAT Qtr jump from ₹147 Cr. to ₹192 Cr. might be seasonal

📉 Technical Picture

Current Price: ₹908

Below DMA 50 (₹941) and DMA 200 (₹1,011) → Bearish bias

RSI: 38.6 → Approaching oversold territory, potential for short-term bounce

MACD: -14.3 → Strong negative momentum

Volume: Below avg → Weak buyer interest currently

52W Index: 21.2% → Lots of upside room if reversal occurs

🧭 Swing Trade Strategy

Good fundamentals, but technical indicators suggest wait for confirmation of support before entry.

Reversal opportunity if RSI rebounds with price stabilization around moving averages.

✅ Optimal Entry Zone

Buy Range: ₹880–₹895 Target a bounce from ₹880 support and RSI dip.

🚪 Exit Strategy

Target Price: ₹975–₹1,000 Close to 50-DMA and psychological resistance level.

Stop-Loss: ₹860 Below recent support zone to cap downside.

If you're holding already, monitor the ₹975–₹1,000 region for exit. If RSI crosses 55 and MACD flattens, hold for extended run. Want to compare this with other zero-debt small-caps flashing RSI divergence? I can scan those next.

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