FIRSTCRY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | FIRSTCRY | Market Cap | 11,974 Cr. | Current Price | 230 ₹ | High / Low | 439 ₹ |
| Stock P/E | 161 | Book Value | 122 ₹ | Dividend Yield | 0.00 % | ROCE | 2.02 % |
| ROE | 1.20 % | Face Value | 2.00 ₹ | DMA 50 | 237 ₹ | DMA 200 | 291 ₹ |
| Chg in FII Hold | -0.49 % | Chg in DII Hold | 1.70 % | PAT Qtr | 31.7 Cr. | PAT Prev Qtr | 15.3 Cr. |
| RSI | 46.7 | MACD | -1.95 | Volume | 1,36,90,428 | Avg Vol 1Wk | 57,12,771 |
| Low price | 207 ₹ | High price | 439 ₹ | PEG Ratio | 4.57 | Debt to equity | 0.07 |
| 52w Index | 9.69 % | Qtr Profit Var | 99.3 % | EPS | 2.09 ₹ | Industry PE | 41.4 |
📈 Chart & Trend Analysis: FIRSTCRY is trading at ₹230, below both its 50 DMA (₹237) and 200 DMA (₹291), indicating short-term weakness and long-term bearish bias. RSI at 46.7 suggests neutral-to-bearish momentum. MACD at -1.95 shows negative divergence, confirming downward bias. Bollinger Bands place the price near the lower band, signaling pressure with possible support around recent lows.
📊 Volume Trends: Current volume (1,36,90,428) is significantly higher than the 1-week average (57,12,771), reflecting strong participation, likely driven by speculative activity or institutional moves.
🔑 Support & Resistance: Strong support lies at ₹207 (recent low). Resistance is near ₹237 (50 DMA) and ₹291 (200 DMA). Optimal entry zone: ₹215–₹225. Exit/profit booking zone: ₹240–₹260.
📉 Momentum Signals: RSI is neutral, while MACD shows bearish divergence. Short-term signals favor cautious accumulation near support zones, with exits around resistance levels.
📌 Trend Status: The stock is currently consolidating with bearish bias, not reversing upward yet.
Positive ✅
- Quarterly PAT improved (₹15.3 Cr → ₹31.7 Cr), showing earnings growth.
- DII holding increased (+1.70%), reflecting strong domestic institutional support.
- Low debt-to-equity ratio (0.07) ensures financial stability.
Limitation ⚠️
- Stock trading below both 50 DMA and 200 DMA indicates technical weakness.
- Extremely high P/E ratio (161) compared to industry average (41.4) suggests severe overvaluation.
- PEG ratio of 4.57 indicates expensive growth prospects.
Company Negative News ❌
- Decline in FII holding (-0.49%) shows reduced foreign investor confidence.
- EPS of ₹2.09 remains weak despite profit growth.
Company Positive News 🌟
- Quarterly profit variance (+99.3%) highlights strong operational improvement.
- DII holding increased significantly, boosting investor sentiment.
Industry 🏭
- Retail and e-commerce sector trades at industry PE of 41.4, making FIRSTCRY relatively expensive compared to peers.
- Sector growth driven by rising online retail penetration and consumer demand.
Conclusion 📌
FIRSTCRY is consolidating with bearish bias, trading below key moving averages despite strong volume activity. Fundamentals show profit improvement and institutional support, but valuations are stretched and earnings remain weak. Optimal strategy: accumulate cautiously near ₹215–₹225 support zones and consider profit booking near ₹240–₹260. Trend remains consolidative with downside risk unless earnings sustain momentum.
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