ABCAPITAL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | ABCAPITAL | Market Cap | 85,958 Cr. | Current Price | 328 ₹ | High / Low | 369 ₹ |
| Stock P/E | 28.7 | Book Value | 103 ₹ | Dividend Yield | 0.00 % | ROCE | 9.48 % |
| ROE | 12.5 % | Face Value | 10.0 ₹ | DMA 50 | 338 ₹ | DMA 200 | 308 ₹ |
| Chg in FII Hold | -0.95 % | Chg in DII Hold | 1.85 % | PAT Qtr | 749 Cr. | PAT Prev Qtr | 916 Cr. |
| RSI | 46.8 | MACD | -7.20 | Volume | 26,91,795 | Avg Vol 1Wk | 34,86,761 |
| Low price | 166 ₹ | High price | 369 ₹ | PEG Ratio | 0.27 | Debt to equity | 4.56 |
| 52w Index | 79.8 % | Qtr Profit Var | 22.1 % | EPS | 11.4 ₹ | Industry PE | 24.7 |
📉 Chart & Trend: Current price (328 ₹) is below 50 DMA (338 ₹) but above 200 DMA (308 ₹), showing short-term weakness but long-term support intact.
📊 RSI: At 46.8, RSI is neutral, suggesting balanced buying and selling pressure with slight bearish tilt.
📉 MACD: Negative (-7.20), indicating bearish crossover and weak short-term momentum.
📈 Bollinger Bands: Price is near the mid-band, suggesting consolidation without strong breakout signals.
📉 Volume: Current volume (26,91,795) is below 1-week average (34,86,761), showing reduced participation and lack of accumulation.
📍 Support Levels: 320 ₹ (near-term), 300 ₹ (major support), 280 ₹ (long-term support).
📍 Resistance Levels: 340 ₹ (near-term), 360 ₹ (major resistance), 369 ₹ (52-week high).
🔎 Momentum Signal: Weak short-term momentum with bearish bias.
📌 Trend Status: Consolidating with risk of reversal if support breaks.
Positive
- EPS of 11.4 ₹ reflects earnings consistency.
- PEG ratio (0.27) suggests attractive valuation relative to growth.
- DII holding increased (+1.85%), showing strong domestic institutional support.
- Quarterly profit growth (+22.1%) indicates operational improvement.
Limitation
- Stock trading below 50 DMA, showing short-term weakness.
- Dividend yield is 0.00%, offering no income support.
- High debt-to-equity ratio (4.56) raises leverage concerns.
- Volume participation is weak, reducing conviction in momentum.
Company Negative News
- Quarterly profit declined sequentially from 916 Cr. to 749 Cr.
- FII holding reduced (-0.95%), showing declining foreign investor confidence.
Company Positive News
- DII holding increased significantly (+1.85%), reflecting strong domestic support.
- Quarterly profit growth YoY (+22.1%) highlights resilience.
Industry
- Industry P/E at 24.7 is lower than company’s P/E (28.7), suggesting moderate premium valuation.
- Financial services sector remains supported by credit demand and policy tailwinds.
Conclusion
⚠️ ABCAPITAL is consolidating with weak short-term signals (negative MACD, neutral RSI, below 50 DMA). Entry is favorable near 320–328 ₹ with strict stop-loss at 300 ₹. Exit zones lie around 340–360 ₹, with breakout potential toward 369 ₹ if momentum strengthens. Fundamentals show strong DII support and attractive PEG ratio, but high debt and weak FII confidence raise caution. Traders should wait for confirmation signals; long-term investors may accumulate gradually on dips with strict risk management.