JMFINANCIL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | JMFINANCIL | Market Cap | 12,135 Cr. | Current Price | 127 ₹ | High / Low | 200 ₹ |
| Stock P/E | 15.1 | Book Value | 48.0 ₹ | Dividend Yield | 2.13 % | ROCE | 12.8 % |
| ROE | 12.6 % | Face Value | 1.00 ₹ | DMA 50 | 131 ₹ | DMA 200 | 141 ₹ |
| Chg in FII Hold | -0.67 % | Chg in DII Hold | 0.15 % | PAT Qtr | 290 Cr. | PAT Prev Qtr | 246 Cr. |
| RSI | 50.6 | MACD | -3.26 | Volume | 65,28,344 | Avg Vol 1Wk | 42,91,408 |
| Low price | 78.0 ₹ | High price | 200 ₹ | PEG Ratio | 0.84 | Debt to equity | 0.01 |
| 52w Index | 40.0 % | Qtr Profit Var | 263 % | EPS | 8.39 ₹ | Industry PE | 16.9 |
📉 Chart & Trend: JMFINANCIL is trading below both its 50 DMA (₹131) and 200 DMA (₹141), with the current price at ₹127. This indicates short-term weakness and medium-term consolidation near support.
📊 RSI: At 50.6, RSI is neutral, suggesting balanced momentum without strong bullish or bearish signals.
📉 MACD: Negative at -3.26, showing mild bearish bias and consolidation.
📈 Bollinger Bands: Price is mid-range, reflecting consolidation with potential to test resistance if momentum builds.
📊 Volume: Current volume (65.2 Lakh) is higher than average weekly volume (42.9 Lakh), showing strong participation and accumulation interest.
📍 Support & Resistance:
- Strong support: ₹120–₹125
- Immediate resistance: ₹131 (50 DMA)
- Major resistance: ₹141 (200 DMA)
Optimal entry zone: ₹122–₹128 (near support).
Exit zone: ₹135–₹140 (resistance cluster).
🔎 Trend Status: The stock is consolidating with mild bearish bias. A reversal requires sustained close above ₹131–₹141.
Positive
- ROCE (12.8%) and ROE (12.6%) indicate decent capital efficiency.
- Low debt-to-equity (0.01) ensures financial stability.
- Dividend yield of 2.13% provides steady income support.
- Quarterly PAT growth (₹290 Cr vs ₹246 Cr) shows earnings momentum.
- EPS at ₹8.39 supports earnings visibility.
Limitation
- Trading below both 50 DMA and 200 DMA signals weakness.
- MACD negative shows lack of strong momentum.
- P/E of 15.1 compared to industry PE of 16.9 indicates fair valuation but limited growth premium.
- PEG ratio of 0.84 suggests moderate valuation relative to growth.
Company Negative News
- FII holding decreased by -0.67%, showing reduced foreign investor confidence.
- Stock has corrected sharply from its 52-week high of ₹200.
Company Positive News
- DII holding increased by 0.15%, reflecting domestic institutional support.
- Quarterly profit variation of 263% indicates strong growth momentum.
Industry
- Industry PE at 16.9 vs JMFINANCIL’s PE of 15.1 shows relative undervaluation.
- Financial services sector outlook remains positive with rising demand for lending and investment products.
Conclusion
⚖️ JMFINANCIL is consolidating with mild bearish bias near support. Short-term traders may consider entry around ₹122–₹128 with exits near ₹135–₹140. Long-term investors can accumulate cautiously given strong fundamentals and dividend yield, but confirmation above ₹131–₹141 is needed for a sustained uptrend.
Would you like me to extend this into a financial services basket overlay (JMFINANCIL vs peers like Edelweiss, Motilal Oswal, IIFL) so you can benchmark its setup against sector competitors for stronger confirmation signals?