BRIGADE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | BRIGADE | Market Cap | 19,323 Cr. | Current Price | 790 ₹ | High / Low | 1,332 ₹ |
| Stock P/E | 47.5 | Book Value | 252 ₹ | Dividend Yield | 0.32 % | ROCE | 9.09 % |
| ROE | 8.80 % | Face Value | 10.0 ₹ | DMA 50 | 742 ₹ | DMA 200 | 852 ₹ |
| Chg in FII Hold | -1.39 % | Chg in DII Hold | 1.19 % | PAT Qtr | 93.9 Cr. | PAT Prev Qtr | 50.2 Cr. |
| RSI | 63.9 | MACD | 26.8 | Volume | 2,30,390 | Avg Vol 1Wk | 2,26,381 |
| Low price | 601 ₹ | High price | 1,332 ₹ | PEG Ratio | 3.23 | Debt to equity | 0.32 |
| 52w Index | 25.8 % | Qtr Profit Var | 3.11 % | EPS | 16.2 ₹ | Industry PE | 27.0 |
📈 Chart & Trend Analysis:
- Current price ₹790 is above 50 DMA (₹742) but below 200 DMA (₹852), showing short-term strength but medium-term weakness.
- RSI at 63.9 indicates mildly overbought conditions, suggesting limited upside before correction.
- MACD at 26.8 remains positive, supporting bullish momentum.
- Bollinger Bands show price near upper band, highlighting potential resistance.
- Volume (2,30,390) is slightly above 1-week average (2,26,381), confirming active participation.
🎯 Entry Zone: ₹770–785 (support near 50 DMA)
🎯 Exit Zone: ₹830–850 (resistance near 200 DMA and supply zone)
📊 Status: Consolidating with bullish bias; breakout above 852 needed for trend continuation.
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Positive
✔ EPS of ₹16.2 supports earnings visibility
✔ PAT growth (₹93.9 Cr vs ₹50.2 Cr) shows strong improvement
✔ DII holdings increased (+1.19%), reflecting domestic institutional support
✔ MACD positive, confirming momentum
Limitation
⚠ High P/E (47.5 vs industry 27.0) indicates overvaluation
⚠ ROCE (9.09%) and ROE (8.80%) remain modest
⚠ PEG ratio (3.23) suggests expensive growth prospects
⚠ Dividend yield of 0.32% is low
Company Negative News
📉 Decline in FII holdings (-1.39%) shows reduced foreign investor confidence
📉 Valuation stretched compared to industry peers
Company Positive News
📈 PAT growth highlights operational improvement
📈 Domestic institutional inflows (+1.19%) provide support
Industry
🏭 Real estate sector trades at lower average PE (27.0), making BRIGADE relatively expensive compared to peers
🏭 Sector demand supported by urban development and housing growth
Conclusion
BRIGADE is consolidating with bullish bias, trading above 50 DMA but below 200 DMA. Entry near ₹770–785 offers favorable risk-reward, with exits around ₹830–850. Strong PAT growth and DII support provide positives, but high valuation and modest efficiency metrics limit medium-term appeal. Traders should monitor RSI and resistance near 852 for breakout confirmation.
This HTML snapshot balances short-term technical signals with fundamental overlays. Would you like me to also prepare a sector overlay comparison (BRIGADE vs SOBHA, PRESTIGE, and DLF) so you can benchmark real estate peers in your workflow?