DELHIVERY - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.6

📈 DELHIVERY is currently in a trending phase, with price action above key moving averages and improving momentum indicators.

📊 Technical Overview

• Trend Status: Trending upward — price has climbed from ₹237 to ₹471, nearing its 52-week high of ₹489.
• Moving Averages: Price is above both 50 DMA (₹460) and 200 DMA (₹407), confirming bullish sentiment.
• RSI (49.2): Neutral zone, indicating consolidation with potential for upward continuation.
• MACD (3.42): Positive crossover supports short-term bullish momentum.
• Bollinger Bands: Price near upper band, suggesting strength but also possible resistance.
• Volume: Slightly below average (18.56L vs 21.15L), indicating cautious participation.

📌 Entry & Exit Zones

• Support Zone: ₹455–₹465 — ideal for entry on pullbacks.
• Resistance Zone: ₹485–₹489 — potential exit or partial profit booking zone.
• Breakout Level: ₹490 — crossing this could lead to new highs.

✅ Positive

• Quarterly PAT increased from ₹60.6 Cr to ₹114 Cr, showing strong earnings momentum.
• Price action above key moving averages with bullish MACD crossover.
• Positive DII holding change (+2.45%) reflects domestic institutional confidence.
• Low debt-to-equity ratio (0.14) supports financial stability.

⚠️ Limitation

• High P/E (149) and PEG ratio (4.98) suggest valuation concerns.
• ROCE (2.71%) and ROE (1.78%) are modest, indicating low capital efficiency.
• RSI near 50 and volume below average suggest limited short-term momentum.

📰 Company Negative News

• Decline in FII holdings (-1.30%) may reflect foreign investor caution.

🌟 Company Positive News

• Strong quarterly profit growth (47.3%) and improving operational performance.
• Stock trading near 52-week high with bullish technical structure.

🏭 Industry

• Operates in logistics and supply chain solutions, a sector driven by e-commerce and infrastructure growth.
• Industry P/E (28.3) is significantly lower than the stock’s, indicating a valuation premium.

🧾 Conclusion

• DELHIVERY is technically strong with bullish indicators and improving fundamentals.
• Entry near ₹455–₹465 is favorable; watch for breakout above ₹490.
• Long-term investors may hold for growth potential; short-term traders should monitor resistance and valuation levels.