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ALKYLAMINE - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.9

Last Updated Time : 04 May 26, 11:56 am

Technical Rating: 3.9

Stock Code ALKYLAMINE Market Cap 7,754 Cr. Current Price 1,516 ₹ High / Low 2,449 ₹
Stock P/E 42.9 Book Value 282 ₹ Dividend Yield 0.66 % ROCE 18.7 %
ROE 14.0 % Face Value 2.00 ₹ DMA 50 1,443 ₹ DMA 200 1,647 ₹
Chg in FII Hold 0.00 % Chg in DII Hold 0.00 % PAT Qtr 42.3 Cr. PAT Prev Qtr 42.9 Cr.
RSI 59.6 MACD 42.2 Volume 39,445 Avg Vol 1Wk 50,370
Low price 1,212 ₹ High price 2,449 ₹ PEG Ratio -7.13 Debt to equity 0.00
52w Index 24.6 % Qtr Profit Var -3.43 % EPS 35.3 ₹ Industry PE 28.9

📈 Chart Patterns & Moving Averages

ALKYLAMINE is trading at ₹1,516, above its 50 DMA (₹1,443) but below the 200 DMA (₹1,647). This indicates short-term strength but medium-term resistance. Support lies near ₹1,440–1,460, while resistance is seen at ₹1,600–1,650.

📊 RSI & MACD

RSI at 59.6 reflects bullish momentum, close to overbought territory. MACD at 42.2 is strongly positive, signaling robust short-term bullish crossover strength.

📉 Bollinger Bands

Price is near the upper band, showing bullish bias with potential volatility. Sustained movement above ₹1,600 could trigger a breakout, while a dip below ₹1,440 may invite selling pressure.

🔎 Volume Trends

Current volume (39,445) is below the 1-week average (50,370), indicating weaker participation. Stronger volume is required to confirm breakout strength.

⚡ Momentum Signals

Short-term momentum is bullish with RSI and MACD aligned positively. Entry zone: ₹1,480–1,500. Exit zone: ₹1,600–1,650 if resistance breaks, with stop-loss below ₹1,440.

📌 Trend Status

The stock is trending upward in the short term but faces medium-term resistance near the 200 DMA.


✅ Positive

  • Debt-free balance sheet (Debt-to-equity 0.00).
  • Strong ROCE (18.7%) and ROE (14.0%) indicate efficient capital use.
  • EPS at ₹35.3 supports valuation visibility.
  • MACD strongly positive (42.2), confirming bullish momentum.

⚠️ Limitation

  • High P/E (42.9) compared to industry average (28.9), suggesting overvaluation.
  • Quarterly PAT declined slightly (₹42.3 Cr vs ₹42.9 Cr).
  • PEG ratio (-7.13) indicates poor growth prospects.
  • Volume participation is below average, limiting breakout potential.

❌ Company Negative News

  • Quarterly profit variation (-3.43%) reflects earnings slowdown.

🌟 Company Positive News

  • Stable EPS and debt-free structure support long-term fundamentals.
  • Strong MACD and RSI indicate bullish short-term momentum.

🏭 Industry

  • Industry P/E at 28.9, lower than ALKYLAMINE’s P/E (42.9), suggesting premium valuation.
  • Chemicals sector outlook remains stable with demand-driven growth.

📌 Conclusion

ALKYLAMINE is trending upward with strong short-term momentum but faces valuation challenges and weak volume participation. Entry near ₹1,480–1,500 offers favorable risk-reward, while profit booking is advised around ₹1,600–1,650 unless breakout occurs above ₹1,650 with strong volume. Suitable for swing trades with disciplined stop-loss management.

This version is tuned for swing trade analysis with momentum overlays. Would you like me to also prepare a multi-horizon view (intraday, swing, and investment) for ALKYLAMINE so you can benchmark across timeframes?

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