KPRMILL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.8

📈 KPRMILL is trending upward with bullish momentum indicators, though volume divergence and resistance near highs suggest caution.

📊 Technical Analysis

• Trend: The stock is trending upward, trading above both 50 DMA (₹1,055) and 200 DMA (₹1,034), indicating bullish sentiment.
• Moving Averages: Price is above key averages, confirming upward momentum.
• RSI (53.7): Neutral-to-bullish zone, suggesting moderate strength with room for upside.
• MACD (6.43): Positive crossover, indicating bullish momentum.
• Bollinger Bands: Price is near the middle band, suggesting consolidation within an uptrend.
• Volume: Current volume (98.8K) is below 1-week average (1.71L), indicating reduced participation at current levels.

Sources: DailyBulls Technical Analysis

tick.dailybulls.in

, Moneycontrol Technicals

MoneyControl

, TopStockResearch Charts

TSR

🎯 Entry & Exit Zones

• Support Zone: ₹1,050 – ₹1,060 (DMA levels and recent base)
• Resistance Zone: ₹1,090 – ₹1,120 (recent swing highs and psychological barrier)
• Optimal Entry: ₹1,060 – ₹1,075 (on pullback with RSI holding above 50)
• Exit Target: ₹1,120 – ₹1,140 (if breakout sustains with volume confirmation)

✅ Positive

• Strong ROCE (21.5%) and ROE (17.6%) indicate efficient capital deployment.
• EPS of ₹19.4 and low debt-to-equity ratio (0.06) reflect solid fundamentals.
• DII holding increased by 0.40%, showing domestic institutional confidence.
• Quarterly PAT improved from ₹152 Cr. to ₹162 Cr., showing earnings growth.

⚠️ Limitation

• Volume is declining despite price strength, suggesting weakening momentum.
• High P/E (55.6) and negative PEG (-13.9) suggest overvaluation relative to growth.
• FII holding decreased by 0.10%, indicating cautious foreign sentiment.

📉 Company Negative News

• Stock has dropped from its high of ₹1,395 to ₹1,077, indicating resistance near peak levels.
• Volume divergence may signal short-term exhaustion.

📈 Company Positive News

• MACD crossover and RSI above 50 suggest bullish momentum.
• Strong quarterly profit and institutional accumulation support long-term value.

🧵 Industry

• Industry P/E is 23.3, significantly lower than KPRMILL’s, suggesting relative overvaluation.
• Textile sector is cyclical and influenced by global demand, export trends, and input costs.

🧾 Conclusion

• KPRMILL is currently trending with bullish technical indicators and strong fundamentals.
• Short-term traders should monitor volume and RSI for breakout confirmation above ₹1,090.
• Long-term investors may consider accumulating near ₹1,060 with a target of ₹1,140, maintaining stop-loss below ₹1,050.