FIRSTCRY - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 2.6

📉 FIRSTCRY is currently reversing from a prior uptrend, showing signs of weakness. The stock is trading below key moving averages with bearish momentum indicators and declining volume.

📊 Technical Analysis Summary

• Trend Status: Reversing
• RSI (35.9): Weak — approaching oversold zone
• MACD (-6.51): Bearish crossover — confirms downward momentum
• Volume: ~55% below 1-week average — low conviction
• DMA 50 & 200: Price below both — confirms bearish structure
• Bollinger Bands: Price near lower band — oversold, potential bounce

🎯 Entry & Exit Zones

• Support Levels: ₹330, ₹310, ₹286
• Resistance Levels: ₹368, ₹390, ₹409
• Optimal Entry: ₹330–₹340 (if RSI stabilizes)
• Exit Target: ₹390–₹409 (short-term resistance)

✅ Positive

• Low debt-to-equity ratio (0.08) — strong financial structure
• DII holding increased by 2.39% — domestic investor confidence
• Quarterly profit improved YoY — 1,225% growth

⚠️ Limitation

• Price below 50 DMA and 200 DMA — bearish signal
• RSI and MACD both weak — limited momentum
• High P/E (289) and PEG (6.08) — severe overvaluation
• Dividend yield of 0.00% — no income potential

📉 Company Negative News

• Quarterly PAT dropped from ₹15.9 Cr to ₹3.18 Cr — sharp decline
• FII holding declined by 1.81% — institutional caution
• Stock down ~48% from 52-week high — recent underperformance

📈 Company Positive News

• Strong YoY profit growth despite quarterly dip
• Domestic investors increasing stake — potential long-term confidence

🏭 Industry

• Sector: Retail / E-commerce (Baby & Kids)
• Industry P/E: 30.2 vs FIRSTCRY’s P/E: 289 — significantly overvalued
• Sector outlook positive with rising online consumer demand and brand loyalty

🧾 Conclusion

• FIRSTCRY is reversing with weak technical momentum
• Entry near ₹330–₹340 with targets at ₹390–₹409
• Monitor RSI and MACD for signs of stabilization or deeper correction
• Valuation remains stretched; long-term investors should wait for trend confirmation and earnings consistency