GMDCLTD - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.0

📈 Technical Analysis

• 📈 Chart Pattern: GMDCLTD is in a strong uptrend, forming higher highs and higher lows, with price consolidating near recent highs.
• 📈 Moving Averages: Price is above both 50-DMA (549 ₹) and 200-DMA (435 ₹), confirming bullish momentum.
• 📈 RSI (55.6): In bullish-neutral zone, indicating strength without being overbought.
• 📈 MACD (8.59): Positive crossover, reinforcing upward momentum.
• 📈 Bollinger Bands: Price near upper band, suggesting breakout potential with elevated volatility.
• 📈 Volume Trend: Current volume (39.38L) is slightly above 1-week average (38.58L), showing consistent participation.

📍 Entry & Exit Zones

• ✅ Entry Zone: 550 ₹ – 570 ₹ (near 50-DMA and breakout support)
• 🚪 Exit Zone: 640 ₹ – 650 ₹ (resistance from recent 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.
• FII holding increased by 1.07%, indicating strong foreign investor confidence.
• Low debt-to-equity ratio (0.02) and PEG ratio (1.87) suggest healthy financials and growth alignment.

⚠️ Limitation

• Quarterly PAT declined from 225 Cr. to 164 Cr., showing a 11.1% drop in profit variation.
• DII holding dropped slightly (-0.03%), indicating mild domestic institutional caution.

📉 Company Negative News

• Profit contraction in the latest quarter may raise short-term concerns.

📈 Company Positive News

• Strong technical breakout and rising FII interest support bullish outlook.
• EPS of 21 ₹ and reasonable P/E of 28.6 compared to industry PE (22.4) reflect investor optimism.

🏭 Industry

• Mining and minerals sector benefits from infrastructure demand and commodity price cycles.
• GMDCLTD trades slightly above industry PE (28.6 vs 22.4), indicating premium valuation.

🧾 Conclusion

• GMDCLTD is trending upward with bullish technical indicators and strong institutional support.
• Short-term traders may consider entries near 560 ₹ and exits near 650 ₹.
• Long-term investors should monitor earnings consistency and volume strength before adding exposure.