FLUOROCHEM - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.8

📈 FLUOROCHEM is trending upward with moderate momentum. Entry near 3,650–3,700 ₹ and exit near 4,450–4,500 ₹ may suit short-term swing trades.

📈 Technical Analysis

• 📈 Chart Pattern: The stock is forming a bullish continuation pattern, recovering from recent lows and approaching resistance near its 52-week high.
• 📈 Moving Averages: Price is above both 50-DMA (3,652 ₹) and 200-DMA (3,673 ₹), confirming bullish structure.
• 📈 RSI (55.6): In bullish-neutral zone, indicating strength without being overbought.
• 📈 MACD (2.58): Positive crossover, suggesting upward momentum is building.
• 📈 Bollinger Bands: Price near upper band, indicating breakout potential with elevated volatility.
• 📈 Volume Trend: Current volume (1.92L) is significantly above 1-week average (97.7K), showing strong buying interest.

📍 Entry & Exit Zones

• ✅ Entry Zone: 3,650 ₹ – 3,700 ₹ (near moving average support)
• 🚪 Exit Zone: 4,450 ₹ – 4,500 ₹ (resistance from prior highs)

📊 Trend Status

• 📈 Current Trend: Trending upward
• ⚠️ Bias: Bullish with moderate momentum

✅ Positive

• Price above key moving averages supports bullish sentiment.
• MACD and RSI confirm upward momentum.
• Quarterly PAT rose from 167 Cr. to 185 Cr. — a 66.7% increase.
• DII holding increased by 1.26%, indicating strong domestic institutional support.

⚠️ Limitation

• PEG ratio (-7.16) suggests valuation concerns relative to growth.
• ROCE (11.0%) and ROE (9.28%) are modest for the sector.
• Dividend yield (0.08%) is low, limiting income appeal.

📉 Company Negative News

• High P/E (63.1) compared to industry PE (33.1) suggests premium valuation.

📈 Company Positive News

• Strong quarterly earnings and rising DII interest support bullish outlook.
• Volume surge indicates renewed investor interest.

🏭 Industry

• Specialty chemicals sector remains resilient, driven by global demand and innovation.
• FLUOROCHEM trades above industry PE (63.1 vs 33.1), reflecting growth expectations and premium positioning.

🧾 Conclusion

• FLUOROCHEM is trending upward with bullish technical indicators and strong institutional support.
• Short-term traders may consider entries near 3,675 ₹ and exits near 4,475 ₹.
• Long-term investors should monitor valuation and earnings consistency before adding exposure.

Sources: TopStockResearch Chart

TSR

, DailyBulls Technical Overview

tick.dailybulls.in

, TradingView Technicals

TradingView