NAUKRI - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.7

📉 NAUKRI is consolidating with mild bullish momentum and strong fundamentals, but faces valuation and volume headwinds.

📊 Technical Analysis

• Trend Status: Consolidating — price is hovering around 50-DMA and below 200-DMA, indicating indecision.
• Moving Averages: Price ₹1,361 is slightly below 50-DMA (₹1,365) and 200-DMA (₹1,404), suggesting weak trend strength.
• RSI (54.6): Neutral to bullish zone, indicating moderate momentum.
• MACD (6.13): Bullish crossover, signaling potential upward movement.
• Bollinger Bands: Price near mid-band, consistent with consolidation and low volatility.
• Volume: Current volume (5.24L) is significantly below weekly average (9.63L), showing reduced participation.

🎯 Entry & Exit Zones

• Support Levels: ₹1,340, ₹1,300, ₹1,260
• Resistance Levels: ₹1,404 (200-DMA), ₹1,480, ₹1,550
• Optimal Entry: ₹1,340–₹1,360 (on pullback)
• Exit Target: ₹1,480–₹1,550 (resistance zone)

✅ Positive

• MACD crossover and RSI above 50 suggest short-term bullish momentum.
• EPS of ₹12.4 and consistent quarterly PAT growth support long-term valuation.
• DII holdings increased by 2.65%, indicating strong domestic institutional interest.
• Debt-to-equity ratio of 0.01 reflects excellent financial health.

⚠️ Limitation

• Price below 200-DMA and low volume limit breakout potential.
• ROCE (4.91%) and ROE (2.75%) are weak, indicating poor capital efficiency.
• PEG ratio of 9.07 and P/E of 108 suggest significant overvaluation.

📉 Company Negative News

• FII holdings declined by 2.66%, showing reduced foreign investor confidence.
• Stock is down 26% from its 52-week high of ₹1,839, reflecting long-term underperformance.

📈 Company Positive News

• Quarterly PAT increased from ₹249 Cr to ₹260 Cr, showing earnings growth.
• Price has recovered 18.2% from its 52-week low of ₹1,151.

🏭 Industry

• Online recruitment and job portal sector remains resilient with digital hiring trends and tech adoption.
• Industry P/E (28.7) is significantly lower than NAUKRI’s (108), suggesting premium valuation.

🧾 Conclusion

• NAUKRI is consolidating with mild bullish signals and strong financial stability.
• Entry near ₹1,340–₹1,360 could offer a tactical setup with targets around ₹1,480–₹1,550.
• Investors should monitor volume and valuation metrics before committing to long-term positions.