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NAVA - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.2

Last Updated Time : 22 Mar 26, 12:01 pm

Technical Rating: 3.2

Stock Code NAVA Market Cap 15,630 Cr. Current Price 554 ₹ High / Low 735 ₹
Stock P/E 29.4 Book Value 132 ₹ Dividend Yield 1.45 % ROCE 13.6 %
ROE 10.9 % Face Value 1.00 ₹ DMA 50 564 ₹ DMA 200 562 ₹
Chg in FII Hold -0.02 % Chg in DII Hold -0.08 % PAT Qtr 136 Cr. PAT Prev Qtr 157 Cr.
RSI 47.5 MACD -3.80 Volume 2,50,354 Avg Vol 1Wk 2,87,762
Low price 396 ₹ High price 735 ₹ PEG Ratio -75.4 Debt to equity 0.00
52w Index 46.4 % Qtr Profit Var 169 % EPS 18.7 ₹ Industry PE 29.8

📈 Technical Analysis

  • Chart Patterns: Stock is trading slightly below 50 DMA and 200 DMA, showing short-term weakness but holding near support.
  • Moving Averages: Current price (554 ₹) is below 50 DMA (564 ₹) and 200 DMA (562 ₹), indicating mild bearish bias.
  • RSI: At 47.5, neutral zone, suggesting balanced momentum.
  • MACD: Negative (-3.80), pointing to short-term bearishness.
  • Bollinger Bands: Price near mid-band, reflecting consolidation.
  • Volume Trends: Current volume (2.50 lakh) below weekly average (2.87 lakh), showing reduced participation.

🎯 Momentum & Price Zones

  • Support: 540–550 ₹ (near-term support), 500 ₹ (secondary support).
  • Resistance: 565–570 ₹ (DMA zone), 600 ₹ (upper resistance).
  • Entry Zone: 540–550 ₹ (if support holds).
  • Exit Zone: 565–570 ₹ (first resistance), 600 ₹ (second resistance).

📊 Trend Status

The stock is consolidating near its moving averages. RSI indicates neutral momentum, while MACD suggests mild bearishness.

✅ Positive

  • EPS of 18.7 ₹ indicates profitability.
  • Dividend yield of 1.45% provides investor appeal.
  • Debt-free balance sheet (Debt-to-equity 0.00).
  • Quarterly profit variation strong at 169% YoY.

⚠️ Limitation

  • ROE (10.9%) and ROCE (13.6%) are modest compared to peers.
  • PEG ratio negative (-75.4), suggesting valuation concerns.
  • Price trading below both 50 DMA and 200 DMA.

📉 Company Negative News

  • PAT declined from 157 Cr. to 136 Cr. sequentially.
  • FII holding decreased (-0.02%).
  • DII holding decreased (-0.08%).

📈 Company Positive News

  • Quarterly profit variation positive at 169% YoY.
  • Debt-free balance sheet adds financial stability.

🏭 Industry

  • Industry P/E at 29.8, slightly higher than company’s P/E (29.4), showing fair valuation.
  • Industrial and energy sector benefits from cyclical demand but faces margin pressures.

🔎 Conclusion

NAVA is in a consolidation phase, trading near its moving averages with neutral RSI and weak MACD. Fundamentals show profitability and debt-free status, but valuations and modest ROE/ROCE limit upside. Short-term traders may consider entry near 540–550 ₹ with exit around 565–570 ₹, while long-term investors should wait for a breakout above 600 ₹ for sustained momentum.

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