AFFLE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | AFFLE | Market Cap | 20,017 Cr. | Current Price | 1,422 ₹ | High / Low | 2,187 ₹ |
| Stock P/E | 157 | Book Value | 139 ₹ | Dividend Yield | 0.00 % | ROCE | 8.64 % |
| ROE | 6.39 % | Face Value | 2.00 ₹ | DMA 50 | 1,450 ₹ | DMA 200 | 1,616 ₹ |
| Chg in FII Hold | -1.13 % | Chg in DII Hold | 1.54 % | PAT Qtr | 36.7 Cr. | PAT Prev Qtr | 30.0 Cr. |
| RSI | 49.4 | MACD | 5.59 | Volume | 1,46,485 | Avg Vol 1Wk | 2,76,098 |
| Low price | 1,251 ₹ | High price | 2,187 ₹ | PEG Ratio | 5.86 | Debt to equity | 0.00 |
| 52w Index | 18.2 % | Qtr Profit Var | 25.4 % | EPS | 9.05 ₹ | Industry PE | 26.0 |
📈 Chart Patterns & Moving Averages
AFFLE is trading at ₹1,422, below both its 50 DMA (₹1,450) and 200 DMA (₹1,616). This indicates short-term weakness and medium-term resistance. Support lies near ₹1,400–1,420, while resistance is seen at ₹1,500–1,550.
📊 RSI & MACD
RSI at 49.4 suggests neutral momentum, leaning slightly bearish. MACD at 5.59 is positive, showing mild bullish crossover strength but not strong enough to confirm a breakout.
📉 Bollinger Bands
Price is near the lower band, reflecting consolidation with downside risk. A move above ₹1,500 could trigger recovery, while a dip below ₹1,400 may accelerate selling.
🔎 Volume Trends
Current volume (1,46,485) is below the 1-week average (2,76,098), indicating weak participation. Breakout confirmation requires stronger volume activity.
⚡ Momentum Signals
Short-term momentum is mildly bullish but fragile. Entry zone: ₹1,400–1,420. Exit zone: ₹1,500–1,550 if resistance breaks, with stop-loss below ₹1,380.
📌 Trend Status
The stock is consolidating near support levels, awaiting stronger volume for trend confirmation.
✅ Positive
- Debt-free balance sheet (Debt-to-equity 0.00).
- Quarterly PAT growth (₹36.7 Cr vs ₹30.0 Cr) shows earnings improvement.
- DII holdings increased (+1.54%), reflecting domestic institutional confidence.
- EPS at ₹9.05 supports valuation visibility.
⚠️ Limitation
- High P/E (157) compared to industry average (26.0) indicates steep overvaluation.
- Weak ROCE (8.64%) and ROE (6.39%) reflect poor capital efficiency.
- PEG ratio (5.86) suggests expensive growth expectations.
- Volume participation is below average, limiting breakout potential.
❌ Company Negative News
- FII holdings reduced (-1.13%), showing declining foreign interest.
🌟 Company Positive News
- Quarterly profit variation at 25.4% highlights growth trajectory.
- Stable EPS supports long-term visibility despite valuation concerns.
🏭 Industry
- Industry P/E at 26.0 indicates sector is moderately valued.
- AFFLE trades at a significant premium, raising sustainability concerns.
📌 Conclusion
AFFLE is consolidating near support levels with mild bullish signals but faces valuation challenges. Entry around ₹1,400–1,420 offers limited risk, while resistance lies at ₹1,500–1,550. Overvaluation and weak ROE/ROCE metrics limit long-term attractiveness. Suitable only for cautious short-term trades with strict stop-loss discipline.
This version is tuned for short-term trading signals. If you’d like, I can also prepare a long-term investment outlook with valuation overlays and holding period guidance for AFFLE.