CHALET - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | CHALET | Market Cap | 16,300 Cr. | Current Price | 745 ₹ | High / Low | 1,082 ₹ |
| Stock P/E | 25.8 | Book Value | 158 ₹ | Dividend Yield | 0.13 % | ROCE | 11.9 % |
| ROE | 6.88 % | Face Value | 10.0 ₹ | DMA 50 | 821 ₹ | DMA 200 | 872 ₹ |
| Chg in FII Hold | -0.65 % | Chg in DII Hold | 0.59 % | PAT Qtr | 127 Cr. | PAT Prev Qtr | 168 Cr. |
| RSI | 39.8 | MACD | -31.9 | Volume | 2,70,854 | Avg Vol 1Wk | 1,40,264 |
| Low price | 702 ₹ | High price | 1,082 ₹ | PEG Ratio | 0.42 | Debt to equity | 0.64 |
| 52w Index | 11.3 % | Qtr Profit Var | 24.9 % | EPS | 28.9 ₹ | Industry PE | 28.4 |
📈 Chart & Trend: CHALET is trading at ₹745, below both its 50 DMA (₹821) and 200 DMA (₹872). This indicates short-term and medium-term weakness, with the stock consolidating near support levels.
📊 Momentum Indicators:
- RSI at 39.8 suggests oversold conditions, potential for rebound.
- MACD at -31.9 shows bearish crossover, confirming short-term weakness.
- Bollinger Bands: Price near lower band, indicating possible mean reversion.
- Volume: Current volume (2.7 lakh) is significantly higher than 1-week average (1.4 lakh), showing strong participation.
🔑 Support & Resistance:
- Support zone: ₹730–₹740
- Resistance zone: ₹820–₹830 (near 50 DMA)
- Breakout resistance: ₹870–₹880 (near 200 DMA)
- Long-term support: ₹702
📌 Entry & Exit Zones:
- Entry: ₹730–₹745 (near support)
- Exit: ₹820–₹870 (resistance zone)
- Stop-loss: ₹715
📉 Trend Status: Consolidating with bearish bias. Needs a breakout above ₹820–₹830 to confirm reversal and trend continuation.
Positive
- EPS of ₹28.9 with PEG ratio of 0.42 indicates undervaluation relative to growth.
- Quarterly PAT growth (₹127 Cr vs ₹168 Cr) still reflects profitability despite decline.
- DII holdings increased by 0.59%, showing domestic investor confidence.
- ROCE at 11.9% reflects moderate operational efficiency.
Limitation
- ROE at 6.88% is modest compared to industry leaders.
- Stock trading below both 50 DMA and 200 DMA indicates weakness.
- Quarterly PAT declined, showing earnings pressure.
- FII holdings decreased by 0.65%, showing reduced foreign confidence.
Company Negative News
- No major recent negative news reported, but earnings decline and reduced FII holdings are concerns.
Company Positive News
- Strong domestic institutional inflows support confidence.
- PEG ratio below 1 highlights attractive valuation relative to growth.
Industry
- Industry PE at 28.4 vs stock PE at 25.8 shows CHALET trades at a slight discount.
- Hospitality sector supported by tourism recovery, though cyclical risks remain.
Conclusion
⚡ CHALET is consolidating with bearish bias, trading below key moving averages. Entry near ₹730–₹745 offers margin of safety, with exit targets around ₹820–₹870. Strong valuation metrics and domestic inflows support medium-term prospects, but modest ROE and declining foreign investor confidence remain key risks.
Would you like me to extend this into a peer benchmarking overlay comparing CHALET with other hospitality players (like Indian Hotels, Lemon Tree Hotels, and EIH) to highlight relative strength, valuation gaps, and sector rotation opportunities?