GILLETTE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.2

📉 GILLETTE is reversing from its highs with bearish momentum indicators. Entry near 8,600–8,700 ₹ and exit near 9,300–9,500 ₹ may suit short-term swing trades.

📈 Technical Analysis

• 📉 Chart Pattern: The stock is forming lower highs and lower lows, indicating a short-term downtrend.
• 📉 Moving Averages: Price is below both 50-DMA (9,652 ₹) and 200-DMA (9,468 ₹), confirming bearish sentiment.
• 📉 RSI (30.5): Approaching oversold territory — signals weak momentum and potential for technical bounce.
• 📉 MACD (-198): Deep negative crossover, reinforcing bearish momentum.
• 📉 Bollinger Bands: Price near lower band, suggesting oversold conditions but no clear reversal yet.
• 📈 Volume Trend: Current volume (1.67L) is significantly above 1-week average (62.5K), indicating strong selling pressure.

📍 Entry & Exit Zones

• ✅ Entry Zone: 8,600 ₹ – 8,700 ₹ (near psychological support and oversold RSI)
• 🚪 Exit Zone: 9,300 ₹ – 9,500 ₹ (resistance from moving averages)

📊 Trend Status

• 📉 Current Trend: Reversing from uptrend to short-term bearish
• ⚠️ Bias: Bearish unless RSI rebounds above 40 and MACD flattens

✅ Positive

• Strong ROCE (56.1%) and ROE (41.6%) reflect excellent capital efficiency.
• Zero debt-to-equity ratio indicates a clean balance sheet.
• EPS of 176 ₹ and consistent PAT support long-term fundamentals.

⚠️ Limitation

• Price trading below key moving averages — weak technical structure.
• MACD and RSI both signal bearish momentum.
• High PEG ratio (4.77) suggests overvaluation relative to growth.

📉 Company Negative News

• DII holding dropped by 0.45%, indicating reduced domestic institutional confidence.

📈 Company Positive News

• FII holding increased by 0.19%, showing foreign investor interest.
• Quarterly PAT remains stable (144 Cr. vs 146 Cr.), supporting earnings consistency.

🏭 Industry

• Personal care and FMCG sector remains resilient with strong brand loyalty and pricing power.
• GILLETTE trades slightly below industry PE (50.3 vs 51.8), suggesting fair valuation.

🧾 Conclusion

• GILLETTE is reversing with bearish technical indicators but strong fundamentals.
• Short-term traders may consider entries near 8,600 ₹ and exits near 9,500 ₹.
• Long-term investors should monitor valuation and technical recovery before re-entry.

Sources: TopStockResearch

TSR

, DailyBulls

tick.dailybulls.in

, MarketsMojo

MarketsMojo.com

.