NAVA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.8

📊 Chart Patterns: NAVA is trading at 579 ₹, above both its 50 DMA (571 ₹) and 200 DMA (560 ₹). The chart shows a steady uptrend with support holding near moving averages, though resistance is visible closer to 600–620 ₹.

📈 Moving Averages: Current price is above both short- and long-term averages, confirming bullish sentiment.

📉 RSI: At 56.3, RSI is neutral, suggesting balanced momentum with room for further upside.

📈 MACD: Positive (0.97), showing bullish crossover and continuation of upward momentum.

📊 Bollinger Bands: Price is near the mid-to-upper band, indicating strength but also potential short-term resistance.

📊 Volume Trends: Current volume (1.76 lakh) is slightly below average weekly volume (1.97 lakh), showing stable but moderate participation.

📍 Momentum Signals: Short-term momentum is bullish with potential continuation, though resistance near 600–620 ₹ may trigger consolidation.

🎯 Entry Zone: 565–575 ₹ (near DMA support). Good accumulation zone for traders.

🎯 Exit Zone: 600–620 ₹ (near resistance). Profit booking advised around these levels.

🔎 Trend Status: The stock is trending upward with minor consolidation expected near resistance.

Positive

• EPS of 15.6 ₹ supports valuation strength.
• Quarterly PAT improved (157 Cr. vs 141 Cr.), showing growth (+8.9%).
• FII holdings increased (+0.12%) and DII holdings increased (+0.06%).
• Debt-to-equity ratio is 0.00, ensuring financial stability.
• Trading above both 50 DMA and 200 DMA confirms bullish structure.

Limitation

• High P/E (36.7) compared to industry average (26.7), indicating premium valuation.
• PEG ratio (-94.1) suggests poor growth prospects relative to valuation.
• ROCE (13.6%) and ROE (10.9%) are moderate compared to peers.
• Volume participation slightly below average.

Company Negative News

• Stock corrected from 735 ₹ to 579 ₹.
• High valuation may limit upside potential.

Company Positive News

• Quarterly PAT grew (+8.9%).
• FII and DII holdings both increased.
• Debt-free balance sheet strengthens investor confidence.

Industry

• Industry PE is 26.7, lower than NAVA’s 36.7, suggesting premium valuation.
• Sector remains cyclical but supported by industrial demand and infrastructure growth.

Conclusion

✅ NAVA is in a bullish trend, trading above key moving averages with stable fundamentals. While efficiency metrics are moderate and valuation is premium, debt-free status and profit growth provide support. Traders may enter near 565–575 ₹ and exit around 600–620 ₹. Long-term investors should monitor earnings growth before committing at higher valuations.