CGPOWER - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.3

Here’s your tactical breakdown of CG Power and Industrial Solutions Ltd. ⚡📊

📉 Trend Assessment

Current Price (₹659) is right on the 200 DMA and slightly below 50 DMA (₹671) ➤ trend weakening

Price has corrected from its 52W high of ₹875 ➤ roughly 25% pullback

52w Index at 39.6% ➤ suggests broader uptrend, but near-term fatigue

📊 Technical Indicators

RSI (41.9)

Bearish bias ➤ under 50 hints at selling pressure

Approaching oversold zone; watch for reversal signs

MACD (-2.75)

Negative crossover ➤ bearish momentum active

Momentum declining despite decent quarterly profits

Volume

Volume below 1Wk average ➤ waning interest short-term

Weak conviction during pullback

Bollinger Bands

Price moving toward lower band ➤ signs of compression and possible bounce

⚡ Short-Term Momentum

Weak volume and MACD ➤ no confirmation of reversal yet

RSI signals possible bottoming if it dips below 40

Minor bullish divergence may appear if price stabilizes near support

🎯 Entry & Exit Zones

Strategy Price Zone (₹) Rationale

Entry (Value Zone) ₹645 - ₹655 Near base of current slide, 200 DMA support

Entry (Reversal Setup) ₹670+ MACD crossover + RSI recovery confirmation

Exit (Swing Target) ₹695 - ₹710 Resistance at 50 DMA and prior consolidation

Exit (High Target) ₹740 - ₹780 If strong rebound + volume confirmation

📘 Fundamental Snapshot

P/E (104) vs Industry P/E (57.2) ➤ steep premium valuation

PEG (9.54) ➤ overvalued relative to growth

ROCE (37.5%) & ROE (27.6%) ➤ superb operational efficiency

Debt-to-equity (0.01) ➤ zero leverage, clean balance sheet

FII holding dip (-0.30%), but DII up (+2.75%) ➤ mixed institutional sentiment

🧭 Verdict

Trend: Pullback phase; trending toward consolidation

Momentum: Bearish tone but reversal signs emerging

Pattern: Descending channel with support test likely

Technical Rating: 3.3

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