PAGEIND - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.5

📊 Technical Analysis Summary

• Trend Status: Consolidating with bearish undertone
• Current Price: ₹41,310
• RSI (43.8): Neutral zone — weak momentum
• MACD (-510): Bearish crossover — downward pressure
• Volume: Slightly above average (19.5K vs 16.9K) — mild interest
• DMA 50/200: Price below both (₹42,710 & ₹44,100) — bearish signal
• Bollinger Bands: Price near lower band — potential support zone

📈 Entry & Exit Zones

• Support Levels: ₹40,500 / ₹39,000 / ₹38,850
• Resistance Levels: ₹42,700 / ₹44,100 / ₹46,000
• Optimal Entry: ₹40,500–₹41,000 (on pullback)
• Exit Target: ₹44,000–₹46,000 (if momentum improves)

✅ Positive

• Strong fundamentals — ROCE (59.4%) and ROE (48.5%)
• EPS of ₹686 and consistent dividend yield (2.17%)
• Low debt-to-equity ratio (0.19) — financially sound

⚠️ Limitation

• Price below key moving averages — weak technical setup
• MACD and RSI suggest lack of bullish momentum
• High P/E (60.4) and PEG (5.62) — expensive valuation

📉 Company Negative News

• FII holding declined by 0.83% — foreign investor caution

📈 Company Positive News

• DII holding increased by 0.77% — domestic investor support
• Quarterly PAT improved from ₹164 Cr to ₹201 Cr — 21.5% growth

🏢 Industry

• PAGEIND operates in premium apparel — brand-driven and discretionary segment
• Industry P/E is 32.3 — PAGEIND trades at a significant premium
• Sector benefits from rising urban demand and lifestyle shifts

🧾 Conclusion

• PAGEIND is currently consolidating with weak technical indicators
• Entry near ₹40,500 may offer upside toward ₹44,000–₹46,000
• Strong fundamentals support long-term view, but valuation and technicals suggest caution short-term