JYOTHYLAB - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.0

📉 JYOTHYLAB is currently reversing with weak momentum indicators and trading below key moving averages, suggesting limited short-term upside and cautious sentiment.

📊 Technical Analysis

• Trend: The stock is reversing from its 52-week high of ₹535 and is currently trading below both the 50 DMA (₹322) and 200 DMA (₹352), indicating a bearish trend.
• Moving Averages: Price is below both key averages, confirming downward pressure.
• RSI (44.9): In the lower neutral zone, suggesting mild bearish momentum but not yet oversold.
• MACD (-0.77): Negative crossover, reinforcing weak momentum.
• Bollinger Bands: Price is near the lower band, indicating oversold conditions and potential for a technical bounce.
• Volume: Current volume (1.87L) is significantly lower than the 1-week average (3.45L), showing declining interest and participation.

Sources: DailyBulls Technical Analysis

tick.dailybulls.in

, TopStockResearch Charts

TSR

, Trendlyne Technicals

Trendlyne

🎯 Entry & Exit Zones

• Support Zone: ₹305 – ₹315 (recent base and psychological level)
• Resistance Zone: ₹325 – ₹340 (50 DMA and minor swing highs)
• Optimal Entry: ₹310 – ₹316 (if RSI stabilizes and MACD flattens)
• Exit Target: ₹335 – ₹345 (short-term recovery zone)

✅ Positive

• Strong ROCE (37.1%) and ROE (29.0%) indicate excellent capital efficiency.
• PEG ratio of 0.82 suggests reasonable valuation relative to growth.
• Low debt-to-equity ratio (0.04) reflects a conservative capital structure.
• Quarterly PAT improved from ₹79.6 Cr. to ₹96.8 Cr., showing earnings growth.

⚠️ Limitation

• Price is trading below both 50 and 200 DMA, indicating sustained bearish pressure.
• MACD and RSI are weak, showing limited momentum.
• Volume is declining, suggesting lack of strong buying interest.

📉 Company Negative News

• FII holding decreased by 0.55%, reflecting reduced foreign investor confidence.
• Stock has dropped significantly from its 52-week high of ₹535 to ₹316.

📈 Company Positive News

• DII holding increased by 0.10%, indicating cautious domestic institutional accumulation.
• Dividend yield of 1.11% adds income appeal for long-term investors.

🧴 Industry

• Industry P/E is 31.3, nearly equal to JYOTHYLAB’s 31.5, suggesting fair valuation.
• Household & Personal Products sector is defensive and benefits from consistent consumer demand.

🧾 Conclusion

• JYOTHYLAB is currently reversing with weak technical indicators and bearish sentiment.
• Short-term traders should wait for RSI to rise above 50 and MACD to turn positive before entering.
• Long-term investors may consider accumulating near ₹310 with a target of ₹345, maintaining stop-loss below ₹305.