CGCL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.8

📈 CGCL is currently trending upward with moderate momentum. The stock is trading above key moving averages, supported by a positive MACD and RSI, though volume has softened slightly.

📊 Technical Analysis Summary

• Trend Status: Trending upward
• RSI (61.3): Bullish — moderate strength, not yet overbought
• MACD (4.71): Positive crossover — confirms bullish momentum
• Volume: ~36% below 1-week average — momentum lacks strong conviction
• DMA 50 & 200: Price above both — confirms bullish structure
• Bollinger Bands: Price near upper band — momentum strong, but stretched

🎯 Entry & Exit Zones

• Support Levels: ₹192, ₹184, ₹175
• Resistance Levels: ₹210, ₹220, ₹232
• Optimal Entry: ₹195–₹200 (on dip)
• Exit Target: ₹220–₹232 (short-term resistance)

✅ Positive

• Price above 50 DMA and 200 DMA — confirms bullish trend
• MACD and RSI indicate upward momentum
• Quarterly PAT improved from ₹150 Cr to ₹212 Cr — 145% growth
• FII holding increased by 0.11% — foreign investor confidence
• PEG ratio of 0.84 — reasonable valuation relative to growth

⚠️ Limitation

• Volume below average — weak participation
• Debt-to-equity ratio (1.99) — elevated leverage risk
• Dividend yield of 0.10% — low income potential

📉 Company Negative News

• DII holding declined by 0.24% — mild domestic investor caution

📈 Company Positive News

• Strong quarterly earnings growth
• Stock up 64.5% from 52-week low — robust recovery

🏭 Industry

• Sector: NBFC / Financial Services
• Industry P/E: 22.3 vs CGCL’s P/E: 31.0 — moderately overvalued
• Sector outlook stable with credit expansion and financial inclusion trends

🧾 Conclusion

• CGCL is in a bullish trend with moderate technical momentum
• Entry near ₹195–₹200 with targets at ₹220–₹232
• Monitor volume and RSI for signs of continuation or exhaustion
• Valuation and earnings support long-term potential, but leverage and low yield warrant caution