NAUKRI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.6

📊 Chart Patterns: NAUKRI is trading below both its 50 DMA (1,357 ₹) and 200 DMA (1,390 ₹), showing weakness. Price action suggests consolidation between 1,150 ₹ (support) and 1,400 ₹ (resistance).

📈 Moving Averages: Current price (1,343 ₹) is below both 50 DMA and 200 DMA, confirming short-term and medium-term bearish sentiment.

📉 RSI: At 44.3, RSI is neutral-to-weak, leaning towards oversold territory but not yet signaling reversal.

📉 MACD: Negative (-1.66) indicates bearish crossover, confirming downside momentum.

📊 Bollinger Bands: Price is near the lower band, suggesting weakness but potential for rebound if support holds.

📊 Volume Trends: Current volume (4.37 lakh) is lower than 1-week average (6.39 lakh), showing reduced participation and lack of strong buying interest.

📌 Momentum Signals: Weak short-term momentum; rebound possible if price sustains above 1,320 ₹.

🎯 Entry Zone: 1,320–1,350 ₹ (near support).

🎯 Exit Zone: 1,390–1,420 ₹ (near resistance trendline).

🔎 Trend Status: Consolidating with bearish bias.

Positive

• Quarterly PAT growth of 359% (₹297 Cr vs ₹260 Cr).
• EPS of 83.8 ₹ supports valuation strength.
• DII holdings increased (+2.65%), showing domestic institutional support.
• Debt-to-equity ratio is very low (0.01), showing financial stability.

Limitation

• High P/E ratio (83.1) compared to industry PE (30.1), suggesting overvaluation.
• PEG ratio of 6.96 indicates expensive valuation relative to growth.
• ROCE (4.91%) and ROE (2.75%) are weak compared to peers.
• Stock trading below both 50 DMA and 200 DMA, showing technical weakness.

Company Negative News

• Decline in FII holding (-2.66%) shows reduced foreign investor confidence.
• Weak technical indicators (RSI, MACD) point to short-term bearishness.

Company Positive News

• Quarterly profits improved significantly (₹297 Cr vs ₹260 Cr).
• DII inflows (+2.65%) highlight domestic institutional confidence.
• Strong EPS and debt-free balance sheet provide long-term stability.

Industry

• Industry PE at 30.1 is much lower than NAUKRI’s P/E (83.1), suggesting sector peers are more attractively valued.
• Digital recruitment and job portal sector continues to expand, offering long-term growth opportunities.

Conclusion

⚖️ NAUKRI is consolidating near support levels with weak short-term momentum. Traders may consider entry around 1,320–1,350 ₹ with exit near 1,390–1,420 ₹. Long-term investors benefit from strong EPS, debt-free status, and domestic institutional support, though high valuation and weak efficiency metrics remain concerns.