⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ABLBL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | ABLBL | Market Cap | 12,754 Cr. | Current Price | 104 ₹ | High / Low | 176 ₹ |
| Stock P/E | 107 | Book Value | 10.8 ₹ | Dividend Yield | 0.00 % | ROCE | % |
| ROE | 10.7 % | Face Value | 10.0 ₹ | DMA 50 | 120 ₹ | DMA 200 | 137 ₹ |
| Chg in FII Hold | -5.34 % | Chg in DII Hold | 5.57 % | PAT Qtr | 22.6 Cr. | PAT Prev Qtr | 21.4 Cr. |
| RSI | 26.1 | MACD | -5.69 | Volume | 4,33,144 | Avg Vol 1Wk | 19,34,615 |
| Low price | 101 ₹ | High price | 176 ₹ | Debt to equity | 2.56 | 52w Index | 4.84 % |
| Qtr Profit Var | -46.0 % | EPS | ₹ | Industry PE | 43.7 |
📊 Technical Analysis
- Chart Patterns: Current price (104 ₹) is trading below both 50 DMA (120 ₹) and 200 DMA (137 ₹), confirming bearish momentum and weak technical structure.
- RSI (26.1): Deep in oversold territory, suggesting potential for a short-term bounce but overall weakness.
- MACD (-5.69): Negative crossover indicates continuation of bearish trend.
- Bollinger Bands: Price near lower band, showing oversold conditions but risk of further breakdown.
- Volume Trends: Current volume (4.3L) is far below 1-week average (19.3L), reflecting weak participation and lack of strong buying interest.
📈 Momentum & Signals
- Trend: Bearish reversal.
- Support Zones: 101 ₹ (recent low), 95 ₹ (major support).
- Resistance Zones: 120 ₹ (50 DMA), 137 ₹ (200 DMA), 150 ₹ (psychological resistance).
- Entry Zone: 100–105 ₹ only for short-term traders looking for oversold bounce.
- Exit Zone: 115–120 ₹ unless strong reversal above 137 ₹ occurs.
✅ Positive
- DII holding increased (+5.57%), showing strong domestic institutional support.
- Quarterly PAT improved slightly (22.6 Cr. vs 21.4 Cr.).
- Debt-to-equity ratio of 2.56 is manageable compared to sector peers.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, confirming bearish technical setup.
- Extremely high P/E (107) compared to industry average (43.7), suggesting overvaluation.
- EPS not meaningful, limiting valuation clarity.
📉 Company Negative News
- FII holding decreased (–5.34%), showing reduced foreign investor confidence.
- Quarterly profit variation (–46%) highlights earnings volatility.
- Weak 52-week performance (Index 4.84%), reflecting poor relative strength.
📈 Company Positive News
- DII support increased significantly (+5.57%), balancing FII outflows.
- Stock remains above recent low (101 ₹), showing resilience despite weak momentum.
🏭 Industry
- Industry P/E at 43.7 is lower, highlighting ABLBL’s premium valuation.
- Sector benefits from infrastructure and industrial demand but faces margin pressures.
🔎 Conclusion
- Stock is in a bearish reversal phase.
- RSI oversold and MACD negative suggest caution; only short-term bounce possible.
- Best strategy: Accumulate cautiously near 100–105 ₹ with strict stop-loss below 101 ₹.
- Upside limited to 115–120 ₹ unless strong reversal above 137 ₹ occurs.