GLAND - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.5

📉 GLAND is consolidating with weakening momentum signals. Entry near 1,930–1,950 ₹ and exit near 2,080–2,130 ₹ may suit short-term swing trades.

📈 Technical Analysis

• 📉 Chart Pattern: GLAND is forming a sideways channel after a recent pullback from its high of 2,131 ₹.
• 📉 Moving Averages: Price is slightly above the 50-DMA (1,932 ₹) and well above the 200-DMA (1,816 ₹), indicating medium-term support but short-term indecision.
• 📉 RSI (48.3): Neutral zone, suggesting lack of strong momentum in either direction.
• 📉 MACD (-11.2): Negative crossover, confirming bearish momentum.
• 📉 Bollinger Bands: Price near mid-band, indicating consolidation with low volatility.
• 📉 Volume Trend: Current volume (74K) is significantly below 1-week average (171K), showing weak participation.

📍 Entry & Exit Zones

• ✅ Entry Zone: 1,930 ₹ – 1,950 ₹ (near 50-DMA and support zone)
• 🚪 Exit Zone: 2,080 ₹ – 2,130 ₹ (resistance from recent highs)

📊 Trend Status

• 🔄 Current Trend: Consolidating
• ⚠️ Bias: Neutral to bearish unless RSI crosses 50 and MACD flattens

✅ Positive

• Strong ROCE (15.8%) and ROE (11.6%) reflect healthy capital efficiency.
• Zero debt-to-equity ratio indicates a clean balance sheet.
• EPS of 69 ₹ and consistent PAT support long-term fundamentals.

⚠️ Limitation

• MACD and RSI both signal weakening momentum.
• Volume significantly below average — lack of strong conviction in current price action.
• Negative PEG ratio (-8.31) suggests poor growth alignment with valuation.

📉 Company Negative News

• DII holding dropped by 0.23%, indicating reduced domestic institutional interest.

📈 Company Positive News

• FII holding increased by 0.51%, showing foreign investor confidence.
• Quarterly PAT remains strong at 269 Cr. despite a slight decline from 290 Cr.

🏭 Industry

• Pharmaceuticals sector remains resilient with long-term growth potential driven by global demand.
• GLAND trades below industry PE (28.5 vs 33.1), suggesting relative undervaluation.

🧾 Conclusion

• GLAND is consolidating with bearish technical indicators but solid fundamentals.
• Short-term traders may consider entries near 1,930 ₹ and exits near 2,130 ₹.
• Long-term investors should monitor earnings consistency and technical breakout signals before adding exposure.

Sources: Moneycontrol Technicals

MoneyControl

, DailyBulls Analysis

tick.dailybulls.in

, TopStockResearch

TSR

.