⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
FIRSTCRY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | FIRSTCRY | Market Cap | 14,024 Cr. | Current Price | 269 ₹ | High / Low | 499 ₹ |
| Stock P/E | 164 | Book Value | 118 ₹ | Dividend Yield | 0.00 % | ROCE | 2.33 % |
| ROE | 1.17 % | Face Value | 2.00 ₹ | DMA 50 | 292 ₹ | DMA 200 | 356 ₹ |
| Chg in FII Hold | -1.21 % | Chg in DII Hold | 0.93 % | PAT Qtr | 28.9 Cr. | PAT Prev Qtr | 3.18 Cr. |
| RSI | 38.6 | MACD | -6.62 | Volume | 2,82,414 | Avg Vol 1Wk | 7,47,596 |
| Low price | 254 ₹ | High price | 499 ₹ | PEG Ratio | 3.46 | Debt to equity | 0.08 |
| 52w Index | 5.79 % | Qtr Profit Var | 346 % | EPS | 1.61 ₹ | Industry PE | 49.0 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected sharply from highs (499 ₹) and is trading at 269 ₹, showing weakness and inability to sustain above moving averages.
- Moving Averages: Current price is below both 50 DMA (292 ₹) and 200 DMA (356 ₹), confirming bearish bias.
- RSI: At 38.6, stock is weak and approaching oversold territory, suggesting limited downside but lack of strong momentum.
- MACD: Negative (-6.62), confirming bearish momentum in the short term.
- Bollinger Bands: Price near lower band, indicating oversold conditions and possible stabilization.
- Volume Trends: Current volume (2,82,414) is lower than average weekly volume (7,47,596), showing weak participation and cautious sentiment.
🎯 Momentum & Trade Zones
- Short-term Momentum: Weak, with bearish signals dominating but possible rebound near support.
- Support Levels: 260–254 ₹ (near-term), 240 ₹ (major support).
- Resistance Levels: 292 ₹ (50 DMA), 356 ₹ (200 DMA), 400 ₹ (strong resistance).
- Optimal Entry: 260–270 ₹ range if RSI stabilizes.
- Optimal Exit: 290–310 ₹ unless breakout above 356 ₹ is confirmed.
📊 Trend Status
Stock is reversing from highs with strong bearish signals, but oversold RSI suggests possible rebound near support.
✅ Positive
- Sequential PAT improvement (28.9 Cr. vs 3.18 Cr.).
- DII holding increased (+0.93%), showing domestic institutional confidence.
- Low debt-to-equity ratio (0.08), indicating financial stability.
- EPS at 1.61 ₹ supports earnings visibility.
⚠️ Limitation
- Extremely high valuation with P/E of 164 vs industry average of 49.0.
- Weak profitability metrics with ROCE (2.33%) and ROE (1.17%).
- PEG ratio of 3.46 indicates expensive valuation relative to growth.
📉 Company Negative News
- FII holding decreased (-1.21%), showing reduced foreign investor confidence.
- Stock trading far below both 50 DMA and 200 DMA, showing technical weakness.
- 52-week index gain only 5.79%, underperforming peers.
📈 Company Positive News
- Quarterly profit growth (+346%) highlights earnings momentum despite small base.
- DII holding increased (+0.93%), reflecting domestic investor support.
🏭 Industry
- E-commerce & retail sector trading at industry P/E of 49.0, far lower than FirstCry’s valuation.
- Sector supported by rising online retail penetration and consumer demand for baby products.
🔎 Conclusion
FirstCry is technically reversing with strong bearish signals but oversold RSI suggests possible rebound near 260–270 ₹. Traders may consider cautious entry with exit around 290–310 ₹. Long-term investors should wait for breakout above 356 ₹ for bullish confirmation, given premium valuation, weak profitability metrics, and underperformance relative to peers.