JWL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | JWL | Market Cap | 12,126 Cr. | Current Price | 284 ₹ | High / Low | 457 ₹ |
| Stock P/E | 50.3 | Book Value | 65.4 ₹ | Dividend Yield | 0.35 % | ROCE | 21.5 % |
| ROE | 17.0 % | Face Value | 10.0 ₹ | DMA 50 | 279 ₹ | DMA 200 | 311 ₹ |
| Chg in FII Hold | -0.29 % | Chg in DII Hold | 0.03 % | PAT Qtr | 58.3 Cr. | PAT Prev Qtr | 52.7 Cr. |
| RSI | 54.3 | MACD | 4.72 | Volume | 14,75,234 | Avg Vol 1Wk | 23,12,066 |
| Low price | 236 ₹ | High price | 457 ₹ | PEG Ratio | 0.53 | Debt to equity | 0.21 |
| 52w Index | 21.7 % | Qtr Profit Var | -40.4 % | EPS | 5.67 ₹ | Industry PE | 53.5 |
📈 Chart Patterns: JWL is consolidating near support zones, showing mild bullish bias but capped by resistance around 298–310 ₹.
📊 Moving Averages: Price trades above 50 DMA (279 ₹) but below 200 DMA (311 ₹), indicating short-term strength with medium-term resistance overhead.
📉 RSI: At 54.3, momentum is neutral, suggesting potential for gradual upward continuation if supported by volume.
📈 MACD: Positive at 4.72, signaling short-term bullish momentum.
📊 Bollinger Bands: Price near mid-band, reflecting consolidation with breakout potential if volume strengthens.
📉 Volume Trends: Current volume (14.7L) is below weekly average (23.1L), showing weaker participation and requiring confirmation for sustained moves.
🔑 Short-Term Momentum Signals: Mild bullish signals from MACD and RSI, but volume weakness tempers conviction.
🎯 Entry Zone: 278–286 ₹ near 50 DMA support.
🎯 Exit Zone: 298–310 ₹ near resistance cluster.
📌 Trend Status: Consolidating with mild bullish bias.
Positive
- Strong ROCE (21.5%) and ROE (17%).
- Low debt-to-equity ratio (0.21).
- PEG ratio of 0.53 suggests attractive valuation relative to growth.
- Price holding above 50 DMA support.
Limitation
- High P/E of 50.3 compared to industry PE of 53.5.
- Quarterly profit variation of -40.4% raises earnings stability concerns.
- Price below 200 DMA, facing medium-term resistance.
- Volume below average, limiting breakout strength.
Company Negative News
- Decline in FII holding (-0.29%).
- Profit volatility with sharp quarterly variation.
Company Positive News
- Sequential PAT growth (58.3 Cr. vs 52.7 Cr.).
- DII holding marginally increased (+0.03%).
Industry
- Sector trading at high valuations (Industry PE 53.5).
- Moderate sector momentum with 52-week index at 21.7%.
Conclusion
JWL is consolidating with short-term bullish signals supported by MACD and RSI. Entry near 278–286 ₹ offers favorable risk-reward, while exits around 298–310 ₹ capture resistance levels. Strong fundamentals support cautious optimism, but earnings volatility and high valuation require disciplined risk management.