BALRAMCHIN - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 2.6

📉 BALRAMCHIN is currently consolidating with bearish momentum. Weak technical indicators and declining volume suggest caution for short-term entries.

📊 Technical Analysis Summary

• Trend Status: Consolidating with downside bias
• RSI (37.2): Near oversold zone — weak momentum
• MACD (-8.95): Bearish crossover — confirms downward pressure
• Volume: Significantly below 1-week average — low trading interest
• DMA 50 & 200: Price below both — bearish structure
• Bollinger Bands: Price near lower band — potential for technical bounce

🎯 Entry & Exit Zones

• Support Levels: ₹445, ₹430, ₹419
• Resistance Levels: ₹475, ₹497, ₹510
• Optimal Entry: ₹445–₹460 (if RSI rebounds)
• Exit Target: ₹497–₹510 (short-term resistance)

✅ Positive

• ROE (10.1%) and ROCE (9.84%) — stable efficiency metrics
• EPS of ₹16.0 — consistent earnings
• Dividend yield of 0.64% — modest income potential
• Debt-to-equity ratio of 0.73 — manageable leverage

⚠️ Limitation

• Price below 50 DMA and 200 DMA — bearish signal
• MACD and RSI both weak — limited momentum
• PEG ratio (-2.89) — valuation concerns
• Volume significantly below average — weak participation

📉 Company Negative News

• Quarterly PAT dropped from ₹220 Cr to ₹43.1 Cr — 33.3% decline
• FII and DII holdings declined — sentiment softening

📈 Company Positive News

• Stable EPS and dividend yield
• Stock trading near support zone — potential technical rebound

🏭 Industry

• Sector: Sugar / Agro Processing
• Industry P/E: 15.1 vs BALRAMCHIN’s P/E: 28.8 — relatively overvalued
• Sector outlook cyclical and policy-sensitive

🧾 Conclusion

• BALRAMCHIN is consolidating with bearish momentum
• Entry near ₹445–₹460 with targets at ₹497–₹510
• Monitor RSI and volume for signs of reversal
• Short-term traders should be cautious; long-term investors may wait for confirmation