LTFOODS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | LTFOODS | Market Cap | 14,043 Cr. | Current Price | 404 ₹ | High / Low | 519 ₹ |
| Stock P/E | 57.7 | Book Value | 55.4 ₹ | Dividend Yield | 0.74 % | ROCE | 16.8 % |
| ROE | 13.1 % | Face Value | 1.00 ₹ | DMA 50 | 408 ₹ | DMA 200 | 404 ₹ |
| Chg in FII Hold | -0.18 % | Chg in DII Hold | 0.67 % | PAT Qtr | 69.1 Cr. | PAT Prev Qtr | 66.2 Cr. |
| RSI | 46.4 | MACD | -2.03 | Volume | 1,73,061 | Avg Vol 1Wk | 2,37,184 |
| Low price | 332 ₹ | High price | 519 ₹ | PEG Ratio | 3.86 | Debt to equity | 0.07 |
| 52w Index | 38.6 % | Qtr Profit Var | 81.3 % | EPS | 7.01 ₹ | Industry PE | 22.2 |
📈 Chart Patterns: LTFOODS is consolidating near 404 ₹ after a decline from 519 ₹ highs. Trendlines show sideways movement with support around 395–400 ₹ and resistance near 420–430 ₹.
📊 Moving Averages: Current price (404 ₹) is equal to DMA 200 (404 ₹) and slightly below DMA 50 (408 ₹), indicating neutral alignment with mild weakness.
📉 RSI: At 46.4, RSI reflects neutral-to-weak momentum, not oversold but lacking strength.
📌 MACD: Negative at -2.03, showing mild bearish undertone.
📈 Bollinger Bands: Price near mid-band, suggesting consolidation with limited volatility.
🔎 Volume Trends: Current volume (1.73 lakh) is below average (2.37 lakh), showing weak participation and lack of breakout conviction.
🎯 Momentum Signals: Neutral bias with price consolidating near DMA 200. RSI and MACD confirm indecision, leaving scope for rebound if volume strengthens.
📍 Entry Zone: 395–405 ₹ (support near DMA 200).
📍 Exit Zone: 420–430 ₹ (resistance near DMA 50).
📊 Trend Status: Consolidating with mild bearish undertones; reversal confirmed only if price sustains above 408–410 ₹ (DMA 50).
Positive
- Quarterly PAT growth (+81.3%) from ₹66.2 Cr. to ₹69.1 Cr.
- Strong ROCE (16.8%) and ROE (13.1%).
- EPS at ₹7.01 supports earnings strength.
- Debt-to-equity very low at 0.07, ensuring financial stability.
- DII holding increased (+0.67%).
Limitation
- Price below DMA 50, showing short-term weakness.
- MACD negative, signaling weak momentum.
- PEG ratio at 3.86 indicates expensive growth prospects.
- Volume below average, limiting breakout conviction.
Company Negative News
- FII holding reduced (-0.18%).
- Valuation concerns with high P/E (57.7 vs industry 22.2).
Company Positive News
- PAT improved significantly (+81.3%).
- DII inflows supportive of sentiment.
- EPS stable at ₹7.01.
- Debt-free balance sheet enhances fundamentals.
Industry
- Industry PE at 22.2, much lower than LTFOODS’s P/E (57.7), showing premium valuation.
- Sector momentum moderate with 52-week index at 38.6%.
Conclusion
⚖️ LTFOODS is consolidating with mild bearish undertones, supported by fundamentals but capped by resistance near DMA 50. Entry near 395–405 ₹ offers defensive positioning, while exits around 420–430 ₹ capture short-term resistance levels. Strong earnings and low debt support optimism, but premium valuation and weak volume warrant cautious trading.
I can refine this into a short-term rebound setup with stop-loss levels, or expand it into a swing trade plan with holding period guidance.