ABCAPITAL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.8

📊 Chart Patterns & Trend: ABCAPITAL is trading above both its 50 DMA (333 ₹) and 200 DMA (278 ₹), indicating medium-term strength. Price action shows consolidation near 345–355 ₹ after testing highs of 369 ₹, with strong support around 330 ₹.

📈 Moving Averages: Current price (349 ₹) is above both moving averages, suggesting bullish undertone in the medium term.

📉 RSI: At 49.4, RSI is neutral, neither overbought nor oversold, indicating balanced momentum.

📊 MACD: Positive MACD (5.54) suggests mild bullish momentum, supporting continuation of the uptrend.

📊 Bollinger Bands: Price is consolidating near the mid-band, showing reduced volatility. Breakout above 360–370 ₹ could trigger fresh upside.

📊 Volume Trends: Current volume (34.4L) is slightly below 1-week average (38.3L), showing moderate participation. Stronger volume will be needed for breakout confirmation.

🎯 Entry Zone: 340–350 ₹ (near DMA support).

🚪 Exit Zone: 365–370 ₹ (resistance zone).

⚠️ Stop Loss: 330 ₹ (below 50 DMA).

📌 Overall Trend: Consolidating with mild bullish bias. Sustained move above 370 ₹ with volume could extend rally.

Positive

• Stock trading above both 50 DMA and 200 DMA.
• Strong 52-week performance (+90.8%).
• Quarterly PAT growth (676 Cr. → 916 Cr.).
• DII holding increased (+0.76%).
• PEG ratio of 0.31 suggests attractive valuation relative to growth.

Limitation

• High debt-to-equity ratio (4.56).
• Dividend yield of 0.00% offers no income cushion.
• ROCE (9.48%) and ROE (12.5%) are modest compared to peers.
• Volume participation is slightly weak, limiting breakout potential.

Company Negative News

• FII holding reduced by -0.37%.
• Quarterly profit variation of -11.2% shows inconsistency.

Company Positive News

• DII holding increased (+0.76%).
• EPS of 11.0 ₹ indicates earnings stability.

Industry

• Industry PE at 30.2, slightly lower than company’s P/E of 32.0.
• Financial services sector remains competitive with moderate growth outlook.

Conclusion

⚖️ ABCAPITAL is consolidating near resistance with mild bullish signals supported by DMA and MACD. Entry near 340–350 ₹ offers favorable risk-reward, with resistance at 365–370 ₹. High debt levels and modest profitability metrics warrant caution, but strong institutional support and 52-week momentum provide resilience.