APLAPOLLO - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.1

Technical Analysis Report

• Trend Status: Trending upward
• Moving Averages: Price (₹1,794) is above both 50 DMA (₹1,718) and 200 DMA (₹1,654), indicating strong bullish momentum
• RSI (66.4): Approaching overbought zone, but still bullish
• MACD (24.2): Strong positive crossover, confirming upward momentum
• Bollinger Bands: Price near upper band, suggesting potential short-term resistance
• Volume: Slightly below average (10.6L vs 11.8L), showing mild dip in participation
• Support Zones: ₹1,740, ₹1,718
• Resistance Zones: ₹1,820, ₹1,860
• Entry Zone: ₹1,740–₹1,760 (near support)
• Exit Zone: ₹1,850–₹1,860 (near resistance)

Positive

• Price above both key moving averages confirms bullish trend
• MACD and RSI support continued upward momentum
• Strong institutional support: FII (+0.67%) and DII (+2.09%) holdings increased

Limitation

• High P/E ratio (108) vs industry average (24.2) suggests overvaluation
• PEG ratio of -7.99 indicates poor earnings growth relative to valuation
• Volume slightly below average, signaling reduced short-term conviction

Company Negative News

• Quarterly PAT declined from ₹116 Cr to ₹106 Cr

Company Positive News

• Quarterly profit variation of +1,695% indicates strong year-over-year recovery
• EPS of ₹16.6 supports earnings strength

Industry

• Steel & structural solutions sector is benefiting from infrastructure and construction demand
• Industry P/E of 24.2 reflects moderate valuation compared to APLAPOLLO’s premium pricing

Conclusion

• APLAPOLLO is in a strong uptrend with bullish indicators across MACD, RSI, and moving averages
• Entry near ₹1,740–₹1,760 offers a favorable setup
• Exit near ₹1,850–₹1,860 is ideal for short-term gains
• Investors should monitor valuation metrics and volume trends for sustainability