JSWCEMENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | JSWCEMENT | Market Cap | 16,182 Cr. | Current Price | 119 ₹ | High / Low | 162 ₹ |
| Stock P/E | 40.9 | Book Value | 48.3 ₹ | Dividend Yield | 0.00 % | ROCE | 7.16 % |
| ROE | 3.38 % | Face Value | 10.0 ₹ | DMA 50 | 121 ₹ | DMA 200 | 130 ₹ |
| Chg in FII Hold | -1.10 % | Chg in DII Hold | 0.22 % | PAT Qtr | 171 Cr. | PAT Prev Qtr | 95.9 Cr. |
| RSI | 46.4 | MACD | -0.82 | Volume | 12,70,432 | Avg Vol 1Wk | 20,20,832 |
| Low price | 107 ₹ | High price | 162 ₹ | PEG Ratio | -1.21 | Debt to equity | 0.56 |
| 52w Index | 21.7 % | Qtr Profit Var | 6,400 % | EPS | -10.6 ₹ | Industry PE | 28.2 |
📉 Chart & Trend: JSWCEMENT is trading below both its 50 DMA (₹121) and 200 DMA (₹130), with the current price at ₹119. This indicates short-term weakness and medium-term bearish consolidation.
📊 RSI: At 46.4, RSI is neutral-to-weak, suggesting limited momentum and indecision.
📉 MACD: Negative at -0.82, confirming mild bearish bias and consolidation.
📈 Bollinger Bands: Price is mid-to-lower range, reflecting weakness and potential downside risk if support breaks.
📊 Volume: Current volume (12.7 Lakh) is lower than average weekly volume (20.2 Lakh), showing reduced participation and weak buying interest.
📍 Support & Resistance:
- Strong support: ₹107
- Immediate resistance: ₹121 (50 DMA)
- Major resistance: ₹130 (200 DMA)
Optimal entry zone: ₹112–₹118 (near support).
Exit zone: ₹125–₹130 (resistance cluster).
🔎 Trend Status: The stock is consolidating with bearish bias. A reversal requires sustained close above ₹121–₹130.
Positive
- Quarterly PAT growth (₹171 Cr vs ₹95.9 Cr) shows strong earnings momentum.
- 52-week index performance at 21.7% reflects resilience despite correction.
- DII holding increased by 0.22%, showing domestic institutional support.
Limitation
- Trading below both 50 DMA and 200 DMA signals weakness.
- RSI and MACD confirm bearish momentum.
- P/E of 40.9 compared to industry PE of 28.2 indicates overvaluation.
- PEG ratio of -1.21 reflects poor earnings growth visibility.
- ROCE (7.16%) and ROE (3.38%) are weak compared to sector peers.
Company Negative News
- EPS at -₹10.6 reflects weak profitability.
- FII holding decreased by -1.10%, showing reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation of 6,400% indicates strong turnaround momentum.
- Improved PAT performance supports operational recovery.
Industry
- Industry PE at 28.2 vs JSWCEMENT’s PE of 40.9 shows relative premium valuation.
- Cement sector outlook remains positive with infrastructure demand and government spending support.
Conclusion
⚖️ JSWCEMENT is consolidating with bearish bias near support. Short-term traders may consider entry around ₹112–₹118 with exits near ₹125–₹130. Long-term investors should be cautious given weak ROE/ROCE and high valuation, waiting for confirmation above ₹121–₹130 before adding positions.
Would you like me to extend this into a cement sector basket overlay (JSWCEMENT vs peers like Ultratech, Shree Cement, ACC) so you can benchmark its setup against industry leaders for stronger confirmation signals?