KALYANKJIL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.4

📊 Chart Patterns & Trend: KALYANKJIL is trading below both its 50 DMA (492 ₹) and 200 DMA (519 ₹), showing weakness. The price action suggests consolidation with a bearish bias after a steep decline from highs.

📈 Moving Averages: Current price (485 ₹) is below both 50 DMA and 200 DMA, indicating resistance around 492–519 ₹.

📉 RSI: At 40.0, RSI is in neutral-to-weak territory, suggesting limited momentum and potential downside before oversold levels.

📉 MACD: Negative at -6.68, confirming bearish momentum and lack of strong buying signals.

📊 Bollinger Bands: Price is near the lower band, signaling oversold conditions but also weak buying interest.

📉 Volume Trends: Current volume (24,91,153) is higher than average weekly volume (21,12,371), showing strong participation, likely driven by selling pressure.

🎯 Entry Zone: 460–480 ₹ (near support levels).

🎯 Exit Zone: 492–519 ₹ (resistance at DMA levels).

⚡ Momentum: Weak, with consolidation and mild bearish signals.

Positive

• Strong quarterly profit growth (118% YoY, PAT 262 Cr vs 256 Cr previous quarter).
• ROCE (15.7%) and ROE (15.5%) indicate efficient capital and equity utilization.
• PEG ratio of 1.14 suggests fair valuation relative to growth.
• DII holdings increased (+1.22%), showing domestic institutional support.

Limitation

• High P/E ratio (54.4) compared to industry average (26.2), indicating overvaluation.
• Stock trading below both 50 DMA and 200 DMA, signaling weakness.
• RSI at 40 shows weak momentum, not yet oversold.
• Debt-to-equity ratio at 0.62 is relatively high, increasing financial risk.

Company Negative News

• FII holdings decreased (-2.71%), showing reduced foreign investor confidence.
• Stock struggling to hold above key moving averages, reflecting technical weakness.

Company Positive News

• Quarterly profit jump of 118% highlights strong operational performance.
• EPS growth (8.94 ₹) supports earnings visibility.

Industry

• Industry PE at 26.2 is significantly lower than KALYANKJIL’s PE (54.4), showing premium valuation.
• Jewelry and retail sector demand remains cyclical but supported by festive and wedding seasons.

Conclusion

⚖️ KALYANKJIL is currently in a consolidation phase with bearish bias. Short-term momentum is weak, with entry opportunities near 460–480 ₹ and resistance around 492–519 ₹. Fundamentally strong with profit growth and ROE/ROCE efficiency, but technically cautious due to weak RSI, MACD, and moving averages. Best suited for medium-to-long term investors; traders should wait for reversal signals before aggressive entry.