NAVA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | NAVA | Market Cap | 15,166 Cr. | Current Price | 534 ₹ | High / Low | 735 ₹ |
| Stock P/E | 34.0 | Book Value | 132 ₹ | Dividend Yield | 1.50 % | ROCE | 13.6 % |
| ROE | 10.9 % | Face Value | 1.00 ₹ | DMA 50 | 563 ₹ | DMA 200 | 560 ₹ |
| Chg in FII Hold | -0.02 % | Chg in DII Hold | -0.08 % | PAT Qtr | 157 Cr. | PAT Prev Qtr | 141 Cr. |
| RSI | 42.7 | MACD | -5.61 | Volume | 3,36,789 | Avg Vol 1Wk | 3,02,874 |
| Low price | 356 ₹ | High price | 735 ₹ | PEG Ratio | -87.2 | Debt to equity | 0.00 |
| 52w Index | 47.0 % | Qtr Profit Var | 8.90 % | EPS | 15.6 ₹ | Industry PE | 25.6 |
📊 Chart & Trend Analysis:
NAVA is trading at ₹534, below both its 50 DMA (₹563) and 200 DMA (₹560), indicating short-term weakness. RSI at 42.7 suggests neutral-to-weak momentum, not yet oversold. MACD at -5.61 shows bearish crossover, signaling downward bias. Bollinger Bands place price near the lower-mid range, reflecting consolidation with bearish undertone. Current volume (3.36 lakh) is slightly above the 1-week average (3.02 lakh), showing moderate participation but no strong accumulation.
📈 Momentum Signals:
- RSI neutral, leaning bearish.
- MACD negative crossover confirms weakness.
- Price below both 50 & 200 DMA indicates bearish bias.
- Volume slightly above average, suggesting active but cautious trading.
🎯 Optimal Entry & Exit Zones:
- Entry Zone: ₹520 – ₹530 (near support levels).
- Exit Zone: ₹560 – ₹570 (resistance at 50 & 200 DMA).
- Stop Loss: ₹500 (below key support).
📌 Trend Status: The stock is consolidating with bearish bias, holding above long-term support but failing to break resistance levels.
Positive
- Debt-free balance sheet (Debt-to-equity: 0.00) ensures financial stability.
- Dividend yield of 1.50% provides steady income.
- Quarterly PAT improved to ₹157 Cr. from ₹141 Cr., showing earnings growth (+8.9%).
- EPS of ₹15.6 reflects consistent earnings base.
Limitation
- Stock trading below both 50 DMA and 200 DMA reflects weak technical strength.
- ROE (10.9%) and ROCE (13.6%) are modest compared to peers.
- High P/E (34.0) compared to industry average (25.6) suggests overvaluation.
- PEG ratio (-87.2) indicates poor growth prospects.
Company Negative News
- FII holding decreased (-0.02%), showing reduced foreign investor confidence.
- DII holding decreased (-0.08%), reflecting weaker domestic institutional support.
Company Positive News
- Quarterly profit growth of 8.9% signals operational improvement.
- Debt-free status and dividend yield support investor sentiment.
Industry
- Industry P/E at 25.6 is lower than company’s P/E (34.0), suggesting NAVA is relatively expensive compared to peers.
- Metals and energy sector remains cyclical, influenced by global commodity demand and pricing trends.
Conclusion
⚖️ NAVA is consolidating with bearish bias, trading below key moving averages and showing weak momentum. While fundamentals such as debt-free status and dividend yield provide positives, modest return ratios and stretched valuation limit upside. Short-term traders may consider entry near ₹520–₹530 with exits around ₹560–₹570, while long-term investors should wait for stronger earnings growth and valuation alignment before fresh accumulation.