GODREJPROP - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.8

📈 Technical Analysis

• 📈 Chart Pattern: GODREJPROP is showing signs of a bullish reversal, bouncing from its 200-DMA and forming higher lows.
• 📈 Moving Averages: Price is above both 50-DMA (2,144 ₹) and 200-DMA (2,229 ₹), indicating bullish momentum.
• 📈 RSI (65.1): In bullish territory, nearing overbought zone — signals strength but caution.
• 📈 MACD (69.6): Strong positive crossover, confirming upward momentum.
• 📈 Bollinger Bands: Price near upper band, suggesting breakout potential with elevated volatility.
• 📉 Volume Trend: Current volume (4.09L) is below 1-week average (4.91L), indicating mild divergence in participation.

📍 Entry & Exit Zones

• ✅ Entry Zone: 2,250 ₹ – 2,280 ₹ (near 200-DMA and breakout retest zone)
• 🚪 Exit Zone: 2,950 ₹ – 3,035 ₹ (resistance from 52-week high)

📊 Trend Status

• 📈 Current Trend: Trending upward
• ⚠️ Bias: Bullish with caution due to high RSI and weak volume

✅ Positive

• Price above key moving averages supports bullish structure.
• DII holding increased by 1.35%, indicating strong domestic institutional confidence.
• MACD and RSI confirm upward momentum.

⚠️ Limitation

• High P/E (121) and PEG (6.46) suggest overvaluation.
• Volume below average — momentum may not be fully supported.
• ROCE (6.46%) and ROE (6.02%) are relatively weak for the sector.

📉 Company Negative News

• FII holding dropped by 2.23%, indicating reduced foreign investor confidence.
• Quarterly PAT declined sharply from 279 Cr. to 56.1 Cr. — an 88.6% drop.

📈 Company Positive News

• Despite earnings decline, technical indicators show bullish recovery.

🏭 Industry

• Real estate sector is cyclical but gaining momentum with urban demand and policy support.
• GODREJPROP trades significantly above industry PE (121 vs 41.9), reflecting premium valuation and growth expectations.

🧾 Conclusion

• GODREJPROP is trending upward with bullish technical indicators but valuation and earnings concerns.
• Short-term traders may consider entries near 2,250 ₹ and exits near 3,035 ₹.
• Long-term investors should monitor earnings recovery and volume strength before adding exposure.