JPPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | JPPOWER | Market Cap | 10,280 Cr. | Current Price | 15.0 ₹ | High / Low | 27.7 ₹ |
| Stock P/E | 16.6 | Book Value | 18.6 ₹ | Dividend Yield | 0.00 % | ROCE | 10.2 % |
| ROE | 6.83 % | Face Value | 10.0 ₹ | DMA 50 | 15.1 ₹ | DMA 200 | 16.8 ₹ |
| Chg in FII Hold | 0.17 % | Chg in DII Hold | -0.16 % | PAT Qtr | 4.89 Cr. | PAT Prev Qtr | 182 Cr. |
| RSI | 55.6 | MACD | -0.32 | Volume | 27,50,02,042 | Avg Vol 1Wk | 10,68,26,680 |
| Low price | 12.5 ₹ | High price | 27.7 ₹ | PEG Ratio | 0.17 | Debt to equity | 0.28 |
| 52w Index | 16.3 % | Qtr Profit Var | -96.1 % | EPS | 0.91 ₹ | Industry PE | 30.0 |
📉 Chart & Trend: JPPOWER is trading below both its 50 DMA (₹15.1) and 200 DMA (₹16.8), with the current price at ₹15.0. This indicates short-term weakness and medium-term bearish consolidation.
📊 RSI: At 55.6, RSI is neutral-to-positive, suggesting balanced momentum but not strong enough for a breakout.
📉 MACD: Negative at -0.32, confirming mild bearish bias and consolidation.
📈 Bollinger Bands: Price is mid-range, reflecting indecision and sideways movement.
📊 Volume: Current volume (27.5 Cr) is significantly higher than average weekly volume (10.6 Cr), showing strong participation but tilted towards selling pressure.
📍 Support & Resistance:
- Strong support: ₹12.5
- Immediate resistance: ₹15.1 (50 DMA)
- Major resistance: ₹16.8 (200 DMA)
Optimal entry zone: ₹14.5–₹15.0 (near support).
Exit zone: ₹16.0–₹16.5 (resistance cluster).
🔎 Trend Status: The stock is consolidating with bearish bias. A reversal requires sustained close above ₹15.1–₹16.8.
Positive
- PEG ratio of 0.17 suggests attractive valuation relative to growth.
- Debt-to-equity ratio of 0.28 indicates manageable leverage.
- Book value of ₹18.6 provides margin of safety near current price.
- FII holding increased by 0.17%, showing foreign investor interest.
Limitation
- Trading below both 50 DMA and 200 DMA signals weakness.
- MACD negative shows lack of strong momentum.
- ROCE (10.2%) and ROE (6.83%) are modest compared to sector peers.
- P/E of 16.6 is lower than industry PE of 30.0, but reflects weaker fundamentals.
Company Negative News
- PAT declined sharply to ₹4.89 Cr from ₹182 Cr, showing earnings pressure.
- Quarterly profit variation of -96.1% highlights volatility.
- DII holding decreased by -0.16%, reflecting reduced domestic institutional confidence.
Company Positive News
- EPS at ₹0.91 supports earnings visibility despite volatility.
- FII holding increased by 0.17%, showing foreign investor support.
- 52-week index performance at 16.3% reflects resilience despite correction.
Industry
- Industry PE at 30.0 vs JPPOWER’s PE of 16.6 shows relative undervaluation.
- Power sector outlook remains positive with infrastructure demand and renewable energy expansion.
Conclusion
⚖️ JPPOWER is consolidating with bearish bias near support. Short-term traders may consider entry around ₹14.5–₹15.0 with exits near ₹16.0–₹16.5. Long-term investors should be cautious given weak ROE/ROCE and earnings volatility, waiting for confirmation above ₹15.1–₹16.8 before adding positions.
Would you like me to extend this into a power sector basket overlay (JPPOWER vs peers like NTPC, Tata Power, Adani Power) so you can benchmark its setup against industry leaders for stronger confirmation signals?