KAJARIACER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | KAJARIACER | Market Cap | 17,255 Cr. | Current Price | 1,083 ₹ | High / Low | 1,322 ₹ |
| Stock P/E | 36.5 | Book Value | 182 ₹ | Dividend Yield | 0.83 % | ROCE | 23.1 % |
| ROE | 17.2 % | Face Value | 1.00 ₹ | DMA 50 | 1,068 ₹ | DMA 200 | 1,062 ₹ |
| Chg in FII Hold | -1.43 % | Chg in DII Hold | 1.17 % | PAT Qtr | 146 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 49.8 | MACD | -8.39 | Volume | 3,60,157 | Avg Vol 1Wk | 4,20,158 |
| Low price | 870 ₹ | High price | 1,322 ₹ | PEG Ratio | 3.31 | Debt to equity | 0.03 |
| 52w Index | 47.1 % | Qtr Profit Var | 396 % | EPS | 28.7 ₹ | Industry PE | 35.6 |
📈 Chart Patterns: KAJARIACER is consolidating after a rally, trading near 1,083 ₹ with resistance around 1,140–1,160 ₹. Trendlines show sideways movement with mild bullish undertones.
📊 Moving Averages: Current price (1,083 ₹) is above DMA 50 (1,068 ₹) and DMA 200 (1,062 ₹), indicating short-term bullish alignment but limited momentum.
📉 RSI: At 49.8, RSI is neutral, neither overbought nor oversold.
📌 MACD: Negative at -8.39, suggesting weakening momentum and possible consolidation.
📈 Bollinger Bands: Price near mid-band, signaling contraction and sideways consolidation.
🔎 Volume Trends: Current volume (3.6 lakh) is below average (4.2 lakh), showing weak participation and lack of breakout conviction.
🎯 Momentum Signals: Neutral bias with RSI flat and MACD negative. Price above DMAs provides support but upside momentum is weak.
📍 Entry Zone: 1,060–1,080 ₹ (support near DMA 200).
📍 Exit Zone: 1,140–1,160 ₹ (resistance cluster).
📊 Trend Status: Consolidating with mild bullish undertones; reversal unlikely unless volume strengthens.
Positive
- Strong ROCE (23.1%) and ROE (17.2%).
- Low debt-to-equity (0.03) ensures financial stability.
- Dividend yield of 0.83% adds investor appeal.
- Quarterly PAT growth (+396%) from ₹106 Cr. to ₹146 Cr.
Limitation
- Weak volume participation undermines breakout potential.
- MACD negative, signaling loss of momentum.
- PEG ratio of 3.31 indicates premium valuation.
Company Negative News
- FII holding reduced (-1.43%).
- Valuation concerns with P/E above industry average.
Company Positive News
- DII holding increased (+1.17%).
- EPS at ₹28.7 supports earnings strength.
- Fundamentals remain strong despite consolidation.
Industry
- Industry PE at 35.6, slightly lower than KAJARIACER’s P/E (36.5), suggesting fair valuation.
- Sector momentum moderate with 52-week index at 47.1%.
Conclusion
⚖️ KAJARIACER is consolidating with mild bullish bias, supported by fundamentals but capped by weak volume and valuation concerns. Entry near 1,060–1,080 ₹ offers defensive positioning, while exits around 1,140–1,160 ₹ capture short-term resistance levels.
I can extend this into a swing trade setup with holding period guidance, or refine it into a sharper intraday trade plan for precise entry/exit timing.