DOMS - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.9

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

📊 Technical Overview

• Trend Status: Trending upward — price has risen from ₹2,092 to ₹2,555, supported by strong technical structure.
• Moving Averages: Price is above both 50 DMA (₹2,522) and 200 DMA (₹2,515), confirming bullish momentum.
• RSI (56.8): Mid-range, indicating healthy momentum with room for further upside.
• MACD (0.51): Positive crossover supports short-term bullish sentiment.
• Bollinger Bands: Price near upper band, suggesting strength but also potential resistance.
• Volume: Above average (69K vs 31K), showing increased participation and interest.

📌 Entry & Exit Zones

• Support Zone: ₹2,500–₹2,520 — ideal for entry on pullbacks.
• Resistance Zone: ₹3,080–₹3,115 — potential exit or partial profit booking zone.
• Breakout Level: ₹3,115 — crossing this could lead to new highs.

✅ Positive

• Strong ROCE (26.0%) and ROE (21.7%) reflect efficient capital use.
• EPS of ₹32.3 and consistent quarterly PAT growth (₹55.5 Cr vs ₹46.1 Cr).
• Price action above key moving averages with bullish MACD and RSI.
• Positive DII holding change (+1.47%) shows domestic institutional confidence.

⚠️ Limitation

• High P/E (79.1) suggests valuation concerns relative to industry average (28.9).
• Low dividend yield (0.12%) may not appeal to income-focused investors.
• PEG ratio (0.52) indicates moderate growth expectations despite premium valuation.

📰 Company Negative News

• Decline in FII holdings (-0.58%) may reflect foreign investor caution.

🌟 Company Positive News

• Quarterly profit growth of 12.8% and strong return ratios.
• Rising domestic institutional interest and strong technical setup.

🏭 Industry

• Operates in consumer stationery and education products, a sector driven by seasonal demand and brand loyalty.
• Industry P/E (28.9) is significantly lower than the stock’s, indicating valuation premium.

🧾 Conclusion

• DOMS is technically strong with bullish indicators and improving fundamentals.
• Entry near ₹2,500–₹2,520 is favorable; watch for breakout above ₹3,115.
• Long-term investors may benefit from growth momentum; short-term traders should monitor resistance and valuation levels.