NIVABUPA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | NIVABUPA | Market Cap | 14,469 Cr. | Current Price | 78.3 ₹ | High / Low | 95.2 ₹ |
| Book Value | 20.6 ₹ | Dividend Yield | 0.00 % | ROCE | 7.45 % | ROE | 8.18 % |
| Face Value | 10.0 ₹ | DMA 50 | 75.3 ₹ | DMA 200 | 76.9 ₹ | Chg in FII Hold | 0.29 % |
| Chg in DII Hold | 0.45 % | PAT Qtr | -87.6 Cr. | PAT Prev Qtr | -35.3 Cr. | RSI | 58.5 |
| MACD | 1.42 | Volume | 4,41,410 | Avg Vol 1Wk | 8,55,186 | Low price | 67.5 ₹ |
| High price | 95.2 ₹ | Debt to equity | 0.07 | 52w Index | 39.0 % | Qtr Profit Var | -762 % |
| EPS | -0.03 ₹ | Industry PE | 31.7 |
📈 Chart & Trend: NIVABUPA is trading slightly above its 50 DMA (75.3 ₹) and 200 DMA (76.9 ₹), showing mild short-term strength but weak medium-term structure. RSI at 58.5 indicates neutral momentum, while MACD at 1.42 reflects a weak bullish crossover. Bollinger Bands are moderately tight, suggesting consolidation with limited upside. The stock is consolidating with weak bullish bias.
🔎 Momentum Signals: Entry zone is favorable near 74–76 ₹ support. Resistance lies at 82–84 ₹. A breakout above 84 ₹ could extend toward 88–90 ₹, while a breakdown below 74 ₹ risks reversal toward 70–72 ₹.
📊 Volume Trends: Current volume (4.4 lakh) is lower than the 1-week average (8.5 lakh), showing reduced participation. Stronger volumes are needed to sustain upward momentum.
Positive
- Trading above both 50 DMA and 200 DMA confirms short-term strength.
- Low debt-to-equity ratio (0.07) ensures financial stability.
- Institutional inflows: FII (+0.29%) and DII (+0.45%) show marginal confidence.
Limitation
- Negative EPS (−0.03 ₹) reflects poor profitability.
- Weak ROE (8.18%) and ROCE (7.45%) compared to peers.
- No dividend yield, limiting shareholder returns.
Company Negative News
- PAT worsened from −35.3 Cr. to −87.6 Cr., showing deepening losses.
- Quarterly profit variation at −762% highlights severe earnings weakness.
Company Positive News
- Marginal increase in institutional holdings supports sentiment.
- Price trading above DMA levels, offering technical support.
Industry
- Industry PE at 31.7 highlights NIVABUPA trades at a discount due to negative earnings.
- Insurance sector outlook remains stable, supported by long-term demand drivers.
Conclusion
⚖️ NIVABUPA is consolidating with weak bullish signals supported by price above averages and minor institutional inflows. Entry near 74–76 ₹ offers limited risk-reward, while resistance lies at 82–84 ₹. Persistent losses, weak fundamentals, and low volume participation are key risks. A breakout above 84 ₹ with strong volumes could trigger momentum toward 88–90 ₹, but caution is advised.