KAJARIACER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | KAJARIACER | Market Cap | 18,916 Cr. | Current Price | 1,188 ₹ | High / Low | 1,322 ₹ |
| Stock P/E | 40.0 | Book Value | 182 ₹ | Dividend Yield | 0.76 % | ROCE | 23.1 % |
| ROE | 17.2 % | Face Value | 1.00 ₹ | DMA 50 | 1,063 ₹ | DMA 200 | 1,059 ₹ |
| Chg in FII Hold | -1.43 % | Chg in DII Hold | 1.17 % | PAT Qtr | 146 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 63.3 | MACD | 63.4 | Volume | 14,66,007 | Avg Vol 1Wk | 7,05,580 |
| Low price | 761 ₹ | High price | 1,322 ₹ | PEG Ratio | 3.63 | Debt to equity | 0.03 |
| 52w Index | 76.0 % | Qtr Profit Var | 396 % | EPS | 28.7 ₹ | Industry PE | 37.3 |
📈 Chart Patterns: KAJARIACER is trending upward, trading above both 50 DMA and 200 DMA, showing strong bullish bias with resistance near 1,300–1,320 ₹.
📊 Moving Averages: Price above 50 DMA (1,063 ₹) and 200 DMA (1,059 ₹), confirming strong short and medium-term momentum.
📉 RSI: At 63.3, RSI indicates bullish momentum but nearing overbought territory.
📈 MACD: Strongly positive at 63.4, confirming bullish momentum.
📊 Bollinger Bands: Price near upper band, suggesting strong momentum but risk of short-term pullback.
📉 Volume Trends: Current volume (14.7L) significantly above weekly average (7.05L), confirming strong participation and breakout conviction.
🔑 Short-Term Momentum Signals: Strong bullish signals supported by MACD, RSI, and volume strength.
🎯 Entry Zone: 1,160–1,180 ₹ near support levels.
🎯 Exit Zone: 1,300–1,320 ₹ near resistance and 52-week high zone.
📌 Trend Status: Strongly trending upward.
Positive
- Strong ROCE (23.1%) and ROE (17.2%).
- Low debt-to-equity ratio (0.03).
- Quarterly PAT growth of 396% (106 Cr. → 146 Cr.).
- Price trading above both 50 DMA and 200 DMA, confirming momentum.
- DII holdings increased (+1.17%), showing domestic investor confidence.
Limitation
- High P/E of 40.0 compared to industry PE of 37.3, indicating premium valuation.
- PEG ratio of 3.63 suggests expensive growth prospects.
- RSI nearing overbought territory, limiting upside potential.
- FII holdings declined (-1.43%), showing reduced foreign investor confidence.
Company Negative News
- Decline in FII holdings (-1.43%).
- Valuation concerns with high P/E and PEG ratio.
Company Positive News
- Strong quarterly PAT growth (+396%).
- DII holdings increased (+1.17%).
- Stock trading near 52-week highs, reflecting strong investor sentiment.
Industry
- Industry PE at 37.3, slightly lower than KAJARIACER’s P/E of 40.0, suggesting premium valuation.
- Sector momentum strong with 52-week index at 76.0%.
Conclusion
KAJARIACER is trending strongly upward with bullish signals supported by MACD, RSI, and volume strength. Entry near 1,160–1,180 ₹ offers favorable positioning, while exits around 1,300–1,320 ₹ capture resistance levels. Fundamentals remain solid, but stretched valuation and overbought signals warrant disciplined profit booking near highs.