CHOLAHLDNG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | CHOLAHLDNG | Market Cap | 30,663 Cr. | Current Price | 1,634 ₹ | High / Low | 2,299 ₹ |
| Stock P/E | 435 | Book Value | 74.5 ₹ | Dividend Yield | 0.08 % | ROCE | 6.25 % |
| ROE | 5.12 % | Face Value | 1.00 ₹ | DMA 50 | 1,626 ₹ | DMA 200 | 1,706 ₹ |
| Chg in FII Hold | -2.66 % | Chg in DII Hold | 2.54 % | PAT Qtr | 38.5 Cr. | PAT Prev Qtr | 2.66 Cr. |
| RSI | 50.2 | MACD | 9.15 | Volume | 1,45,372 | Avg Vol 1Wk | 1,11,384 |
| Low price | 1,305 ₹ | High price | 2,299 ₹ | PEG Ratio | 64.4 | Debt to equity | 0.00 |
| 52w Index | 33.1 % | Qtr Profit Var | 2.34 % | EPS | 3.75 ₹ | Industry PE | 28.5 |
📊 Chart Patterns & Trend: CHOLAHLDNG is consolidating after a decline from its 2,299 ₹ high. Current price (1,634 ₹) is above the 50 DMA (1,626 ₹) but below the 200 DMA (1,706 ₹), showing short-term strength but medium-term caution. Support lies near 1,600–1,620 ₹, with resistance at 1,680–1,700 ₹. Trendlines suggest sideways consolidation with mild bullish undertone.
📈 Moving Averages: Price above 50 DMA indicates short-term bullishness, but trading below 200 DMA signals medium-term resistance.
📉 RSI: At 50.2, RSI is neutral, showing balanced momentum.
📈 MACD: Positive (9.15), confirming mild bullish momentum.
📊 Bollinger Bands: Price is near the mid-band, suggesting consolidation with potential breakout if volume sustains.
📊 Volume Trends: Current volume (1,45,372) is above the 1-week average (1,11,384), showing strong participation supporting momentum.
💡 Momentum Signals: Neutral to mildly bullish bias. A breakout above 1,680–1,700 ₹ could trigger upside toward 1,750–1,800 ₹, while breakdown below 1,600 ₹ risks further decline.
🎯 Entry Zone: 1,600–1,620 ₹ (support region).
🎯 Exit Zone: 1,680–1,700 ₹ (resistance region; extended target 1,750–1,800 ₹).
📌 Status: Consolidating with mild bullish bias.
Positive
✔ EPS of 3.75 ₹ shows profitability.
✔ Debt-free balance sheet (Debt-to-equity: 0.00).
✔ Quarterly PAT growth (38.5 Cr. vs 2.66 Cr.) highlights earnings recovery.
✔ DII holdings increased (+2.54%), showing strong domestic institutional support.
Limitation
⚠ Extremely high P/E (435) compared to industry PE (28.5), suggesting severe overvaluation.
⚠ Weak ROCE (6.25%) and ROE (5.12%).
⚠ PEG ratio of 64.4 indicates poor growth prospects relative to valuation.
⚠ FII holdings decreased (-2.66%), showing reduced foreign investor confidence.
Company Negative News
⚠ FII outflows highlight weaker foreign sentiment.
⚠ Valuation metrics remain unsustainably high despite earnings recovery.
Company Positive News
✔ PAT growth of 2.34% quarter-on-quarter shows earnings stability.
✔ DII inflows (+2.54%) reflect domestic confidence.
✔ Debt-free balance sheet adds financial resilience.
Industry
🏦 Financial holding sector benefits from diversified exposure but faces valuation pressures.
📉 Industry PE (28.5) far lower than CHOLAHLDNG’s P/E (435), highlighting valuation risks.
Conclusion
📌 CHOLAHLDNG is consolidating near support with mild bullish momentum. Entry around 1,600–1,620 ₹ offers limited risk-reward, while exits near 1,680–1,700 ₹ are prudent unless momentum strengthens toward 1,750–1,800 ₹. Long-term investors should be cautious of extreme valuation metrics, while traders may exploit short-term consolidation opportunities.
Would you like me to refine this into a swing trade setup with sector overlays, or focus on intraday trading signals for sharper entry/exit timing?