GILLETTE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | GILLETTE | Market Cap | 27,027 Cr. | Current Price | 8,300 ₹ | High / Low | 11,505 ₹ |
| Stock P/E | 43.6 | Book Value | 357 ₹ | Dividend Yield | 1.45 % | ROCE | 56.1 % |
| ROE | 41.6 % | Face Value | 10.0 ₹ | DMA 50 | 7,933 ₹ | DMA 200 | 8,424 ₹ |
| Chg in FII Hold | -0.41 % | Chg in DII Hold | 0.36 % | PAT Qtr | 172 Cr. | PAT Prev Qtr | 144 Cr. |
| RSI | 65.7 | MACD | 0.20 | Volume | 2,13,631 | Avg Vol 1Wk | 66,087 |
| Low price | 7,206 ₹ | High price | 11,505 ₹ | PEG Ratio | 4.13 | Debt to equity | 0.00 |
| 52w Index | 25.4 % | Qtr Profit Var | 36.9 % | EPS | 190 ₹ | Industry PE | 43.0 |
📊 GILLETTE is trading at 8,300 ₹, slightly above its 50 DMA (7,933 ₹) but just below the 200 DMA (8,424 ₹), showing short-term strength but medium-term resistance. RSI at 65.7 indicates bullish momentum, nearing overbought territory. MACD at 0.20 is positive, confirming a bullish crossover. Bollinger Bands show price near the upper band, signaling strong momentum. Current volume (2,13,631) is significantly higher than the 1-week average (66,087), suggesting strong participation and accumulation.
- 💰 Optimal Buy Price: 8,200 – 8,300 ₹ (support near 50 DMA)
- 📈 Profit-Taking Exit Levels: 8,800 ₹ (first resistance), 9,200 ₹ (trendline resistance)
- 📉 Stop-Loss / Loss Protection: 8,050 ₹ (below support)
- ⏱️ Trend Status: Trending upward with bullish momentum; watch for breakout above 8,800 ₹ to confirm continuation.
Positive
✅ Strong ROCE (56.1%) and ROE (41.6%) highlight operational efficiency.
✅ Debt-free balance sheet adds financial resilience.
✅ Quarterly PAT growth (172 Cr. vs 144 Cr.) shows earnings momentum.
✅ Volume expansion supports bullish sentiment.
✅ EPS at 190 ₹ provides valuation comfort.
Limitation
⚠️ High PEG ratio (4.13) indicates expensive growth valuation.
⚠️ Stock P/E (43.6) is aligned with industry average, limiting valuation upside.
⚠️ Price still below 200 DMA, showing medium-term resistance.
⚠️ FII holdings decreased (-0.41%), reflecting reduced foreign interest.
Company Negative News
🚫 Decline in FII holdings (-0.41%) may dampen sentiment.
Company Positive News
🌟 DII holdings increased (+0.36%), reflecting domestic institutional support.
🌟 Strong quarterly profit growth and EPS stability reinforce fundamentals.
Industry
🏭 Consumer goods sector remains resilient with steady demand.
🏭 Industry P/E at 43.0 suggests sector-wide premium valuations, in line with GILLETTE’s current valuation.
Conclusion
📌 GILLETTE is in a recovery phase with bullish technical signals. Entry near 8,200 – 8,300 ₹ offers favorable positioning, while resistance at 8,800 – 9,200 ₹ should be monitored for exits. Strong fundamentals and volume expansion support the uptrend, though valuations remain on the higher side.
Would you like me to extend this into a swing trade plan with holding logic, or keep it focused on intraday momentum signals?