⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BHARTIHEXA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | BHARTIHEXA | Market Cap | 79,008 Cr. | Current Price | 1,580 ₹ | High / Low | 2,053 ₹ |
| Stock P/E | 49.2 | Book Value | 125 ₹ | Dividend Yield | 0.64 % | ROCE | 17.4 % |
| ROE | 25.2 % | Face Value | 5.00 ₹ | DMA 50 | 1,702 ₹ | DMA 200 | 1,687 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | 0.04 % | PAT Qtr | 421 Cr. | PAT Prev Qtr | 392 Cr. |
| RSI | 40.4 | MACD | -53.0 | Volume | 1,25,931 | Avg Vol 1Wk | 2,85,541 |
| Low price | 1,225 ₹ | High price | 2,053 ₹ | PEG Ratio | 0.34 | Debt to equity | 1.06 |
| 52w Index | 42.9 % | Qtr Profit Var | 66.4 % | EPS | 30.8 ₹ | Industry PE | 40.0 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected from highs (2,053 ₹) and is trading at 1,580 ₹, showing weakness and inability to sustain above key moving averages.
- Moving Averages: Current price is below both 50 DMA (1,702 ₹) and 200 DMA (1,687 ₹), confirming bearish bias.
- RSI: At 40.4, stock is weak and approaching oversold territory, suggesting limited downside but lack of strong momentum.
- MACD: Deeply negative (-53.0), confirming strong bearish momentum in the short term.
- Bollinger Bands: Price near lower band, indicating oversold conditions and potential stabilization.
- Volume Trends: Current volume (1,25,931) is significantly lower than average weekly volume (2,85,541), showing weak participation and cautious sentiment.
🎯 Momentum & Trade Zones
- Short-term Momentum: Weak, with bearish signals dominating but possible consolidation near support.
- Support Levels: 1,560 ₹ (near-term), 1,500 ₹ (major support).
- Resistance Levels: 1,620 ₹ (short-term), 1,687–1,702 ₹ (DMA zone), 2,053 ₹ (recent high).
- Optimal Entry: 1,560–1,580 ₹ range if RSI stabilizes.
- Optimal Exit: 1,620–1,680 ₹ unless breakout above 1,702 ₹ is confirmed.
📊 Trend Status
Stock is consolidating after a sharp correction, with bearish short-term signals but medium-term support possible near 1,560 ₹.
✅ Positive
- Strong ROE (25.2%) and ROCE (17.4%).
- Quarterly PAT growth (421 Cr. vs 392 Cr.) shows earnings improvement.
- PEG ratio of 0.34 indicates attractive valuation relative to growth.
- 52-week index gain of 42.9% highlights investor interest.
⚠️ Limitation
- High debt-to-equity ratio at 1.06.
- Stock P/E of 49.2 is above industry average (40.0).
- Dividend yield modest at