ABLBL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | ABLBL | Market Cap | 12,452 Cr. | Current Price | 102 ₹ | High / Low | 176 ₹ |
| Stock P/E | 72.7 | Book Value | 11.4 ₹ | Dividend Yield | 0.00 % | ROCE | 13.9 % |
| ROE | 12.8 % | Face Value | 10.0 ₹ | DMA 50 | 104 ₹ | DMA 200 | 119 ₹ |
| Chg in FII Hold | -3.47 % | Chg in DII Hold | 3.19 % | PAT Qtr | 30.1 Cr. | PAT Prev Qtr | 97.3 Cr. |
| RSI | 46.6 | MACD | -0.44 | Volume | 3,37,104 | Avg Vol 1Wk | 5,41,407 |
| Low price | 87.7 ₹ | High price | 176 ₹ | Debt to equity | 2.08 | 52w Index | 16.1 % |
| Qtr Profit Var | -29.7 % | EPS | 1.10 ₹ | Industry PE | 46.3 |
📈 Chart Patterns: ABLBL is consolidating near its 50 DMA (104 ₹) but below 200 DMA (119 ₹), showing weak momentum and medium-term resistance overhead.
📊 Moving Averages: Current price (102 ₹) is aligned with 50 DMA but below 200 DMA, reflecting bearish bias in the medium term.
📉 RSI: At 46.6, RSI indicates weak momentum, close to oversold territory.
📈 MACD: Negative at -0.44, suggesting bearish crossover and weakening momentum.
📊 Bollinger Bands: Price is mid-band, signaling consolidation with limited volatility expansion.
📉 Volume Trends: Current volume (3,37,104) is below average weekly volume (5,41,407), showing weaker participation in recent moves.
🎯 Entry Zone: 95 ₹ – 100 ₹ (near support)
🚪 Exit Zone: 110 ₹ – 115 ₹ (resistance near 200 DMA)
📌 Trend Status: Consolidating with bearish bias
Positive
- Price close to 50 DMA support
- ROCE (13.9%) and ROE (12.8%) show moderate efficiency
- DII holdings increased (+3.19%)
- 52-week low at 87.7 ₹ provides defined support zone
Limitation
- Price trading below 200 DMA
- High P/E (72.7) vs industry PE (46.3)
- Quarterly PAT declined sharply (97.3 Cr → 30.1 Cr)
- Debt-to-equity ratio at 2.08 raises leverage concerns
- Volume participation below average
Company Negative News
- FII holdings decreased (-3.47%)
- Quarterly profit contraction (-29.7%)
Company Positive News
- DII inflows highlight domestic institutional confidence
- Moderate efficiency metrics (ROCE/ROE)
Industry
- Industry PE at 46.3 highlights sector trading at lower valuations compared to ABLBL
- Sector facing margin pressures but selective opportunities remain
Conclusion
⚖️ ABLBL is consolidating with weak momentum signals, trading below 200 DMA and showing declining profitability. Entry near 95–100 ₹ offers limited risk, while resistance at 110–115 ₹ may cap short-term upside. Long-term investors should be cautious given high leverage and earnings contraction, while short-term traders may find tactical opportunities near support zones with strict stop-loss discipline.
I can extend this into a swing trade strategy with holding period guidance, or prepare a peer benchmarking overlay comparing ABLBL’s valuation and momentum against peers in the financial services sector.