CHALET - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.6

📈 CHALET is currently in a consolidating phase with mixed momentum signals and price hovering near short-term averages.

📊 Technical Overview

• Trend Status: Consolidating — price is fluctuating around 50 DMA (₹962) and above 200 DMA (₹909), indicating indecision with bullish undertones.
• Moving Averages: Price is slightly above both 50 and 200 DMA, suggesting mild bullish bias.
• RSI (47.2): Neutral zone, indicating balanced momentum with room for upside.
• MACD (-8.33): Negative crossover signals short-term bearish pressure.
• Bollinger Bands: Price near mid-band, consistent with consolidation and low volatility.
• Volume: Above average (1.89L vs 1.32L), showing increased trading interest.

📌 Entry & Exit Zones

• Support Zone: ₹940–₹960 — ideal for cautious entry if bullish signals strengthen.
• Resistance Zone: ₹1,000–₹1,050 — potential exit or partial profit booking zone.
• Breakout Level: ₹1,082 — crossing this could lead to new highs.

✅ Positive

• Strong quarterly profit growth (207%) and EPS of ₹14.2.
• Price action above key moving averages with rising volume.
• Positive FII holding change (+0.44%) reflects foreign investor confidence.

⚠️ Limitation

• High P/E (68.1) and PEG ratio (1.11) suggest premium valuation.
• MACD indicates short-term bearish momentum.
• ROE (6.88%) and ROCE (11.9%) are modest compared to peers.

📰 Company Negative News

• Decline in DII holdings (-0.52%) may reflect cautious domestic sentiment.

🌟 Company Positive News

• Quarterly PAT surged from ₹133 Cr to ₹205 Cr, showing strong operational performance.
• Foreign institutional investors increased their stake, signaling long-term confidence.

🏭 Industry

• Operates in hospitality and real estate, sectors sensitive to tourism, economic cycles, and discretionary spending.
• Industry P/E (34.6) is significantly lower than the stock’s, indicating a valuation premium.

🧾 Conclusion

• CHALET is technically consolidating with mixed signals and strong recent earnings performance.
• Entry near ₹940–₹960 is favorable; watch for breakout above ₹1,082.
• Long-term investors may benefit from growth momentum; short-term traders should monitor MACD and resistance levels.