MANYAVAR - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 3.3

👔 MANYAVAR Swing Trade Analysis

MANYAVAR (Vedant Fashions Ltd.) presents a cautious swing trade setup. While the company boasts strong fundamentals and institutional support, technical indicators and valuation metrics suggest limited short-term upside.

✅ Strengths

Fundamental Quality

ROCE: 25.9% / ROE: 22.3% — excellent capital efficiency.

EPS: ₹16.3 — solid earnings base.

Debt-to-Equity: 0.27 — moderate and manageable leverage.

Dividend Yield: 1.10% — modest income support.

DII Sentiment Positive: Domestic institutions increased holdings by 0.51%.

⚠️ Weaknesses

MACD: -8.59 — bearish crossover, indicating downward momentum.

RSI: 42.4 — weak zone, lacking strength for a breakout.

Price Below DMA 50 & 200: Current price ₹727 is below both DMA 50 (₹755) and DMA 200 (₹869), confirming a downtrend.

Quarterly PAT Decline: ₹101 Cr. → ₹70.3 Cr. — down 30%, weakening sentiment.

High PEG Ratio: 5.96 — suggests valuation is not supported by growth.

FII Sentiment Negative: Foreign institutions reduced holdings by 0.26%.

52W Index: 2.62% — near yearly lows, indicating poor price recovery.

🎯 Trade Strategy

Optimal Entry Price: ₹710–₹720

Enter near recent support only if MACD flattens and RSI begins to rise.

Exit Plan (If Holding)

Target Exit: ₹760–₹780

Conservative target near 50 DMA.

Stop Loss: ₹690

Below recent low to manage downside risk.

MANYAVAR is a speculative swing candidate best suited for traders who can monitor technical reversals closely. If you're looking for stronger setups in the apparel or retail space, I can help you explore alternatives.

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