NAVA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | NAVA | Market Cap | 17,181 Cr. | Current Price | 607 ₹ | High / Low | 739 ₹ |
| Stock P/E | 30.1 | Book Value | 151 ₹ | Dividend Yield | 1.31 % | ROCE | 16.8 % |
| ROE | 14.5 % | Face Value | 1.00 ₹ | DMA 50 | 631 ₹ | DMA 200 | 588 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | 0.14 % | PAT Qtr | 140 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 41.2 | MACD | -4.74 | Volume | 3,67,176 | Avg Vol 1Wk | 7,05,176 |
| Low price | 449 ₹ | High price | 739 ₹ | PEG Ratio | 1.30 | Debt to equity | 0.01 |
| 52w Index | 54.4 % | Qtr Profit Var | 44.1 % | EPS | 32.2 ₹ | Industry PE | 28.7 |
📈 Chart & Trend: NAVA is trading at 607 ₹, below its 50 DMA (631 ₹) but above its 200 DMA (588 ₹), reflecting short-term weakness with long-term support. Support lies at 590–600 ₹, with resistance around 630–640 ₹.
🔎 Momentum Signals: RSI at 41.2 indicates weak momentum leaning bearish. MACD at -4.74 confirms bearish crossover pressure. Entry zone: 590–600 ₹. Exit zone: 630–640 ₹.
📊 Volume Trends: Current volume (3.67 Lakh) is significantly below the 1-week average (7.05 Lakh), showing reduced participation and cautious sentiment.
📉 Bollinger Bands: Bands are moderately tight, suggesting consolidation with downside bias.
📌 Trend Status: The stock is consolidating with weak short-term momentum but supported by long-term averages.
Positive
- Trading above 200 DMA confirms long-term technical support.
- Debt-to-equity ratio of 0.01 indicates near debt-free balance sheet.
- EPS of 32.2 ₹ supports profitability.
- Quarterly PAT improved slightly (140 Cr. vs 136 Cr.), showing resilience.
- FII (+0.25%) and DII (+0.14%) holdings increased, reflecting institutional confidence.
Limitation
- Stock trading below 50 DMA signals short-term weakness.
- RSI and MACD both point to bearish momentum.
- Volume significantly below average reflects weak investor conviction.
- PEG ratio of 1.30 suggests moderate valuation risk.
Company Negative News
- Weak momentum indicators and declining trading volumes raise caution.
Company Positive News
- Quarterly profit variation (+44.1%) highlights earnings resilience.
- Institutional holdings (FII + DII) increased, showing confidence.
Industry
- Industry PE at 28.7 suggests sector is moderately valued compared to NAVA’s P/E (30.1), making it slightly premium.
- Diversified industrial sector remains cyclical, tied to demand and commodity prices.
Conclusion
NAVA is consolidating with weak short-term momentum, trading below its 50 DMA but supported by the 200 DMA. Strong fundamentals, debt-free status, and institutional confidence provide stability, though weak volume and bearish signals limit immediate upside. Best suited for cautious entry near 590–600 ₹ with profit booking around 630–640 ₹.
NAVA is in a consolidating phase with mixed signals. To enrich this, I can extend into a peer benchmarking analysis or a sector overlay comparison to highlight its position against diversified industrial peers.