JSWENERGY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | JSWENERGY | Market Cap | 1,06,062 Cr. | Current Price | 604 ₹ | High / Low | 609 ₹ |
| Stock P/E | 121 | Book Value | 138 ₹ | Dividend Yield | 0.33 % | ROCE | 4.86 % |
| ROE | 3.77 % | Face Value | 10.0 ₹ | DMA 50 | 533 ₹ | DMA 200 | 516 ₹ |
| Chg in FII Hold | 0.24 % | Chg in DII Hold | -0.10 % | PAT Qtr | 442 Cr. | PAT Prev Qtr | 82.7 Cr. |
| RSI | 70.6 | MACD | 10.0 | Volume | 1,19,00,904 | Avg Vol 1Wk | 53,00,416 |
| Low price | 428 ₹ | High price | 609 ₹ | PEG Ratio | 8.53 | Debt to equity | 0.62 |
| 52w Index | 97.0 % | Qtr Profit Var | -4.83 % | EPS | 4.89 ₹ | Industry PE | 28.8 |
📊 Chart & Trend Analysis:
JSWENERGY is trading above both its 50 DMA (₹533) and 200 DMA (₹516), showing strong short-term momentum. RSI at 70.6 indicates overbought conditions, suggesting caution. MACD at 10.0 confirms bullish crossover. Bollinger Bands show price near the upper band, with resistance around ₹609.
📈 Momentum Signals:
- Short-term momentum is strong, with volume (1.19 Cr) well above weekly average (53L).
- Support zone: ₹575 – ₹585.
- Resistance zone: ₹605 – ₹609.
- Sustained move above ₹609 could trigger breakout toward ₹620+, while failure to hold ₹575 may lead to consolidation.
🔎 Trend Status:
Currently trending upward but overbought. A consolidation phase may follow unless supported by continued volume strength.
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Positive
✔ Strong price momentum above both DMA levels.
✔ PAT growth (₹82.7 Cr → ₹442 Cr) shows earnings recovery.
✔ FII holdings increased (+0.24%).
✔ 52-week performance at +97% indicates strong investor interest.
Limitation
⚠ Very high P/E ratio (121) vs industry PE (28.8).
⚠ RSI above 70 signals overbought conditions.
⚠ ROE (3.77%) and ROCE (4.86%) remain weak.
⚠ PEG ratio at 8.53 suggests overvaluation relative to growth.
Company Negative News
📉 Sequential profit variation (-4.83%).
📉 DII holdings declined (-0.10%).
📉 Elevated valuation multiples compared to peers.
Company Positive News
📢 Strong quarterly PAT recovery.
📢 Technical breakout supported by high trading volume.
📢 Sectoral momentum in renewable energy supports long-term outlook.
Industry
🌐 Industry PE at 28.8 vs JSWENERGY’s 121 — premium valuation.
🌐 Energy sector supported by renewable expansion but facing margin pressures.
Conclusion
JSWENERGY is trending upward with strong momentum but overbought signals. Entry near ₹575–₹585 offers cautious positioning, with exit targets around ₹605–₹609. Fundamentals remain weak relative to valuation, so traders should use strict stop-loss discipline, while long-term investors may wait for consolidation before accumulation.
Would you like me to refine this into a swing trade roadmap with layered targets, or expand into a peer benchmarking overlay comparing JSWENERGY against NTPC and Adani Energy?