COALINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | COALINDIA | Market Cap | 2,80,464 Cr. | Current Price | 455 ₹ | High / Low | 476 ₹ |
| Stock P/E | 17.0 | Book Value | 32.4 ₹ | Dividend Yield | 5.82 % | ROCE | 96.6 % |
| ROE | 96.1 % | Face Value | 10.0 ₹ | DMA 50 | 431 ₹ | DMA 200 | 408 ₹ |
| Chg in FII Hold | 0.26 % | Chg in DII Hold | -0.27 % | PAT Qtr | 4,872 Cr. | PAT Prev Qtr | 8,342 Cr. |
| RSI | 58.2 | MACD | 9.57 | Volume | 97,54,785 | Avg Vol 1Wk | 1,63,60,108 |
| Low price | 350 ₹ | High price | 476 ₹ | PEG Ratio | 1.14 | Debt to equity | 0.03 |
| 52w Index | 83.3 % | Qtr Profit Var | -49.5 % | EPS | 26.7 ₹ | Industry PE | 15.2 |
📈 Chart & Trend: COALINDIA is trading at ₹455, above both its 50 DMA (₹431) and 200 DMA (₹408). This indicates strong short-term and medium-term bullish momentum, with the stock trending upward.
📊 Momentum Indicators:
- RSI at 58.2 suggests moderately strong momentum, close to overbought but still healthy.
- MACD at 9.57 shows bullish crossover, confirming upward momentum.
- Bollinger Bands: Price near upper band, indicating strong buying pressure.
- Volume: Current volume (97.5 lakh) is lower than 1-week average (163.6 lakh), showing reduced participation despite price strength.
🔑 Support & Resistance:
- Support zone: ₹440–₹450
- Resistance zone: ₹470–₹476 (recent highs)
- Breakout resistance: ₹480–₹490
- Long-term support: ₹350
📌 Entry & Exit Zones:
- Entry: ₹440–₹455 (near support and current price)
- Exit: ₹470–₹490 (resistance zone)
- Stop-loss: ₹430
📉 Trend Status: Trending upward with strong bullish bias. Needs sustained volume above ₹476 to confirm breakout continuation.
Positive
- ROCE at 96.6% and ROE at 96.1% reflect exceptional efficiency and shareholder returns.
- Dividend yield of 5.82% provides strong income support.
- EPS of ₹26.7 with P/E of 17.0 indicates fair valuation compared to industry.
- FII holdings increased by 0.26%, signaling foreign investor confidence.
Limitation
- Quarterly PAT declined (₹4,872 Cr vs ₹8,342 Cr), showing earnings pressure.
- Volume participation is lower than average, reducing conviction in the rally.
- DII holdings decreased by 0.27%, showing reduced domestic support.
- PEG ratio of 1.14 suggests moderate valuation relative to growth.
Company Negative News
- No major recent negative news reported, but sharp earnings decline and reduced DII holdings are concerns.
Company Positive News
- Strong dividend yield supports investor confidence.
- Exceptional ROCE and ROE highlight efficient capital use.
- FII inflows indicate growing foreign confidence.
Industry
- Industry PE at 15.2 vs stock PE at 17.0 shows COALINDIA trades at a slight premium.
- Coal sector supported by energy demand, though environmental and regulatory pressures remain risks.
Conclusion
⚡ COALINDIA is trending upward with strong bullish signals, trading above key moving averages. Entry near ₹440–₹455 offers margin of safety, with exit targets around ₹470–₹490. Strong fundamentals, high dividend yield, and FII inflows support medium-term prospects, but recent earnings decline and weak volume participation pose short-term risks.
Would you like me to extend this into a peer benchmarking overlay comparing COALINDIA with other energy players (like NTPC, NLC India, and Singareni Collieries) to highlight relative strength, valuation gaps, and sector rotation opportunities?