TECHNOE - Swing Trade Analysis with AI Signals

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

Swing Trade Rating: 4.1

📊 TECHNOE shows strong fundamentals and high growth potential, making it a good swing trade candidate. Optimal entry is ₹1,280–₹1,300. If already held, consider exiting near ₹1,375–₹1,400.

📈 Positive

• Zero debt enhances financial flexibility and reduces risk.
• Strong ROCE (16.6%) and ROE (12.9%) reflect efficient capital use.
• EPS of ₹38.8 and PEG ratio of 2.59 indicate robust earnings growth.
• RSI at 40.8 suggests nearing oversold territory, ideal for swing entry.
• MACD at -18.3 may signal a bottoming trend soon.

⚠️ Limitation

• High P/E (35.6) compared to industry average (22.2) implies overvaluation.
• Volume significantly below 1-week average indicates weak momentum.
• Dividend yield (0.69%) is low, offering limited passive income.
• Trading below both 50-DMA and 200-DMA suggests bearish short-term sentiment.

🚫 Company Negative News

• Quarterly PAT dropped from ₹133 Cr. to ₹98.2 Cr., indicating short-term earnings pressure.
• DII holdings declined by 1.42%, showing reduced domestic institutional confidence.

✅ Company Positive News

• Forecasted EPS growth of 26.1% annually and revenue growth of 32.7%

  Simply Wall St

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• Recent earnings call highlighted strong order book and execution pipeline

  Trendlyne

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• FII holdings increased slightly by 0.24%, indicating foreign interest.

🌐 Industry

• TECHNOE operates in the Power and Electric Utilities sector, which is gaining traction amid infrastructure push

  Trendlyne

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• Industry P/E of 22.2 suggests moderate valuation expectations.

🧾 Conclusion

• TECHNOE is a strong swing trade candidate with high growth potential and solid fundamentals.
• Optimal entry: ₹1,280–₹1,300 (near support and RSI zone).
• Exit target: ₹1,375–₹1,400 (near 50-DMA and resistance).
• Watch for volume recovery and MACD crossover for confirmation.

Sources

Trendlyne

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I can chart TECHNOE’s RSI and MACD trends to help you visualize the timing for entry and exit.