ABREL - Technical Analysis with Chart Patterns & Indicators
Back to Listhtmlhtml
Technical Rating: 3.6
| Stock Code | ABREL | Market Cap | 13,961 Cr. | Current Price | 1,251 ₹ | High / Low | 2,538 ₹ |
| Stock P/E | 91.3 | Book Value | 420 ₹ | Dividend Yield | 0.16 % | ROCE | 3.72 % |
| ROE | 3.37 % | Face Value | 10.0 ₹ | DMA 50 | 1,338 ₹ | DMA 200 | 1,544 ₹ |
| Chg in FII Hold | 0.08 % | Chg in DII Hold | -0.50 % | PAT Qtr | 68.6 Cr. | PAT Prev Qtr | 31.4 Cr. |
| RSI | 40.3 | MACD | -32.3 | Volume | 1,05,077 | Avg Vol 1Wk | 1,71,956 |
| Low price | 1,080 ₹ | High price | 2,538 ₹ | PEG Ratio | -5.16 | Debt to equity | 0.89 |
| 52w Index | 11.7 % | Qtr Profit Var | 3.77 % | EPS | 31.5 ₹ | Industry PE | 26.9 |
📈 Chart Patterns: ABREL is consolidating below its 50 DMA (1,338 ₹) and 200 DMA (1,544 ₹), showing weak momentum and medium-term bearish bias.
📊 Moving Averages: Current price (1,251 ₹) is below both DMAs, reflecting sustained weakness.
📉 RSI: At 40.3, RSI indicates oversold conditions, suggesting potential rebound but weak trend strength.
📈 MACD: Negative at -32.3, confirming bearish crossover and downward momentum.
📊 Bollinger Bands: Price is near the lower band, signaling oversold conditions with possible short-term bounce.
📉 Volume Trends: Current volume (1,05,077) is below average weekly volume (1,71,956), showing weak participation in recent moves.
🎯 Entry Zone: 1,200 ₹ – 1,230 ₹ (near support)
🚪 Exit Zone: 1,330 ₹ – 1,350 ₹ (resistance near 50 DMA)
📌 Trend Status: Consolidating with bearish bias
Positive
- Quarterly PAT improved to 68.6 Cr from 31.4 Cr
- EPS at 31.5 ₹ supports earnings base
- FII holdings increased slightly (+0.08%)
- Book value at 420 ₹ provides valuation support
Limitation
- Price trading below both 50 & 200 DMA
- Weak ROCE (3.72%) and ROE (3.37%)
- High P/E (91.3) vs industry PE (26.9)
- PEG ratio negative (-5.16) indicates poor growth-adjusted valuation
- Volume participation below average
Company Negative News
- DII holdings decreased (-0.50%)
- 52-week index at 11.7% highlights weak recovery from highs
Company Positive News
- Quarterly profit growth despite weak efficiency metrics
- EPS strength supports valuation stability
Industry
- Industry PE at 26.9 highlights sector trading at lower valuations compared to ABREL
- Power and infrastructure sector facing margin pressures but selective opportunities remain
Conclusion
⚖️ ABREL is consolidating with weak momentum signals, trading below key moving averages and showing bearish bias. Entry near 1,200–1,230 ₹ offers tactical opportunities, while resistance at 1,330–1,350 ₹ may cap short-term upside. Long-term investors should be cautious given weak efficiency and high valuation, while short-term traders may find rebound opportunities near oversold zones with strict stop-loss discipline.
Code
I can extend this into a **[swing trade strategy](ca://s?q=Swing_trade_strategy_for_ABREL)** with holding period guidance, or prepare a **[peer benchmarking overlay](ca://s?q=Peer_benchmarking_overlay_for_ABREL)** comparing ABREL’s valuation and momentum against peers in the power and infrastructure sector.