HSCL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | HSCL | Market Cap | 30,578 Cr. | Current Price | 607 ₹ | High / Low | 654 ₹ |
| Stock P/E | 40.9 | Book Value | 91.6 ₹ | Dividend Yield | 0.13 % | ROCE | 22.5 % |
| ROE | 18.1 % | Face Value | 1.00 ₹ | DMA 50 | 547 ₹ | DMA 200 | 493 ₹ |
| Chg in FII Hold | 0.23 % | Chg in DII Hold | 0.13 % | PAT Qtr | 186 Cr. | PAT Prev Qtr | 195 Cr. |
| RSI | 60.2 | MACD | 17.0 | Volume | 87,96,940 | Avg Vol 1Wk | 80,19,265 |
| Low price | 418 ₹ | High price | 654 ₹ | PEG Ratio | 0.85 | Debt to equity | 0.16 |
| 52w Index | 79.7 % | Qtr Profit Var | 17.4 % | EPS | 14.9 ₹ | Industry PE | 46.7 |
📈 Chart Patterns: HSCL is trading near its short-term resistance zone (₹607–₹654). The broader structure shows strong recovery from lows (₹418), with price action forming higher highs and higher lows.
📊 Moving Averages: Current price (₹607) is above DMA 50 (₹547) and DMA 200 (₹493), confirming bullish momentum and medium-term strength.
📉 RSI: At 60.2, RSI indicates moderately strong momentum, but nearing overbought territory.
📈 MACD: Positive at 17.0, showing bullish crossover and continuation of upward momentum.
📉 Bollinger Bands: Price is near the upper band, reflecting bullish momentum but risk of short-term pullback.
📊 Volume Trends: Current volume (87.9L) is above average weekly volume (80.1L), showing strong participation and conviction in the rally.
⚡ Short-Term Momentum Signals: Bullish bias with strong momentum; breakout possible if price sustains above ₹620 with volume support.
🎯 Entry Zone: ₹590–₹607 (support region).
🎯 Exit Zone: ₹640–₹654 (resistance zone).
🔀 Trend Status: Trending upward with bullish undertone; consolidation possible near resistance.
Positive
- Strong ROCE (22.5%) and ROE (18.1%) highlight efficient capital usage.
- EPS at ₹14.9 supports valuation stability.
- Price trading above both DMA 50 and DMA 200 confirms bullish trend.
- FII (+0.23%) and DII (+0.13%) holdings increased, showing investor confidence.
Limitation
- Dividend yield at 0.13% is negligible.
- Quarterly PAT declined slightly (₹195 Cr. to ₹186 Cr.).
- High P/E ratio (40.9) compared to industry PE (46.7) indicates premium valuation.
Company Negative News
- Slight decline in quarterly PAT.
- Valuation remains stretched relative to earnings growth.
Company Positive News
- Quarterly profit variation (+17.4%) shows earnings momentum.
- Strong EPS and efficiency ratios support long-term stability.
- Stock trading near 52-week high (₹654) reflects bullish sentiment.
Industry
- Chemicals industry trades at a P/E of 46.7, close to HSCL’s valuation.
- Sector outlook remains positive with demand growth supporting momentum.
Conclusion
HSCL is trending upward with bullish undertones. Short-term traders may consider entry around ₹590–₹607 with exit near ₹640–₹654. Long-term investors should monitor earnings growth and sector demand before fresh accumulation.
Would you like me to refine this into a swing trade HTML template with sector overlays and peer benchmarking, or keep it strictly as a standalone technical rating report?