CHALET - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | CHALET | Market Cap | 17,547 Cr. | Current Price | 801 ₹ | High / Low | 1,082 ₹ |
| Stock P/E | 26.3 | Book Value | 171 ₹ | Dividend Yield | 0.13 % | ROCE | 17.8 % |
| ROE | 19.5 % | Face Value | 10.0 ₹ | DMA 50 | 784 ₹ | DMA 200 | 835 ₹ |
| Chg in FII Hold | -0.37 % | Chg in DII Hold | 0.58 % | PAT Qtr | 167 Cr. | PAT Prev Qtr | 127 Cr. |
| RSI | 56.8 | MACD | 6.85 | Volume | 1,68,452 | Avg Vol 1Wk | 1,79,720 |
| Low price | 690 ₹ | High price | 1,082 ₹ | PEG Ratio | 0.44 | Debt to equity | 0.56 |
| 52w Index | 28.3 % | Qtr Profit Var | 25.0 % | EPS | 30.4 ₹ | Industry PE | 28.4 |
📊 Chart Patterns & Trend: CHALET is trending upward after a recovery from its 690 ₹ low. Current price (801 ₹) is above the 50 DMA (784 ₹) but below the 200 DMA (835 ₹), showing short-term strength but medium-term caution. Support lies near 780–790 ₹, with resistance at 820–850 ₹. Trendlines suggest bullish continuation if momentum sustains.
📈 Moving Averages: Price above 50 DMA indicates short-term bullishness, but trading below 200 DMA signals medium-term resistance.
📉 RSI: At 56.8, RSI is moderately bullish, leaving room for further upside before overbought conditions.
📈 MACD: Positive (6.85), confirming bullish momentum.
📊 Bollinger Bands: Price is near the mid-to-upper band, suggesting consolidation with potential breakout.
📊 Volume Trends: Current volume (1,68,452) is slightly below the 1-week average (1,79,720), showing moderate participation.
💡 Momentum Signals: Bullish bias. A breakout above 820–850 ₹ could trigger upside toward 1,000–1,082 ₹, while support lies near 780–790 ₹.
🎯 Entry Zone: 780–790 ₹ (support region).
🎯 Exit Zone: 820–850 ₹ (resistance region; extended target 1,000–1,082 ₹).
📌 Status: Trending upward with bullish bias.
Positive
✔ EPS of 30.4 ₹ supports valuation strength.
✔ Strong ROE (19.5%) and ROCE (17.8%).
✔ PAT growth (167 Cr. vs 127 Cr.) shows earnings momentum.
✔ PEG ratio of 0.44 indicates undervaluation relative to growth.
✔ DII holdings increased (+0.58%), signaling domestic institutional support.
Limitation
⚠ Price still below 200 DMA (835 ₹), showing medium-term resistance.
⚠ FII holdings decreased (-0.37%), reflecting reduced foreign investor confidence.
⚠ Dividend yield is very low (0.13%).
⚠ Debt-to-equity ratio of 0.56 adds moderate leverage risk.
Company Negative News
⚠ FII holdings declined, showing weaker foreign sentiment.
⚠ Dividend yield remains unattractive for income-focused investors.
Company Positive News
✔ Quarterly PAT growth of 25% highlights strong profitability.
✔ DII holdings increased, showing domestic confidence.
✔ Stock trading above 50 DMA, offering short-term support.
Industry
🏨 Hospitality sector benefits from rising tourism and business travel demand in India.
📈 Industry PE (28.4) slightly higher than CHALET’s PE (26.3), suggesting fair valuation.
Conclusion
📌 CHALET is trending upward with bullish technicals. Entry near 780–790 ₹ offers favorable risk-reward, while exits near 820–850 ₹ are prudent unless momentum drives a breakout toward 1,000–1,082 ₹. Long-term investors may hold, while traders should monitor 200 DMA resistance and institutional flows for sustained momentum.
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