KALYANKJIL - Swing Trade Analysis

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

Swing Trade Rating: 4.4

💍 Kalyan Jewellers India Ltd (KALYANKJIL) Swing Trade Analysis

KALYANKJIL is currently showing bullish momentum with strong technical indicators and improving earnings. Despite a high valuation, the stock is forming a reversal structure and is well-positioned for a short-term upswing, making it a good candidate for swing trading.

✅ Strengths

Technical Indicators

RSI: 61.8 — bullish zone, not yet overbought

MACD: +13.0 — strong upward momentum

Price above both 50 DMA (₹567) and 200 DMA (₹551) — confirms uptrend

Fundamentals

ROCE: 14.3% and ROE: 15.9% — solid operational efficiency

EPS: ₹6.93 — improving earnings base

PAT Qtr: ₹188 Cr vs ₹219 Cr — strong despite slight dip

Debt-to-equity: 1.03 — manageable for retail expansion

Institutional Sentiment

DII holding ↑ 1.37% — strong domestic accumulation

Volume: 44.15L — close to weekly average, indicating sustained interest

52-Week Index: +51.8% — strong relative strength

⚠️ Weaknesses

Valuation

P/E: 87.2 vs industry average of 30.5 — significantly overvalued

Book Value: ₹46.6 vs current price ₹604 — trading at 13x book

PEG Ratio: 1.85 — suggests premium pricing

FII Sentiment: FII holding ↓ 0.06% — mild foreign selling

Dividend Yield: 0.20% — minimal income support

🎯 Optimal Entry Price

Entry Zone: ₹590–₹605

Near breakout level and pivot zone

Confirm entry with RSI > 62 and MACD continuation

Look for bullish candlestick confirmation (e.g., engulfing, morning star)

🚪 Exit Strategy (If Already Holding)

Short-Term Target: ₹628–₹645

Based on Fibonacci projection and resistance levels

Stop Loss: ₹575

Below 50 DMA and recent support zone

📌 Summary

KALYANKJIL is a technically strong, fundamentally improving retail stock with bullish momentum. Entry near ₹590–₹605 offers a favorable swing setup. If already holding, consider exiting near ₹628–₹645 or trail stop loss to ₹575.

For more technical insights, you can explore KALYANKJIL’s chart on TradingView

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or check pivot levels on TopStockResearch

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1

in.tradingview.com

2

www.topstockresearch.com

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