PCBL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.4

📊 Technical Analysis Summary

• Trend Status: Consolidating with bearish bias
• Current Price: ₹363
• RSI (39.5): Weak momentum, nearing oversold zone
• MACD (-5.03): Bearish crossover — negative momentum
• Volume: Flat (5.44L vs 1-week avg 5.47L) — no breakout signal
• DMA 50/200: Price below both (₹380 & ₹389) — bearish trend confirmation
• Bollinger Bands: Price near lower band — potential support zone

📈 Entry & Exit Zones

• Support Levels: ₹357 / ₹345 / ₹331
• Resistance Levels: ₹371 / ₹380 / ₹389
• Optimal Entry: ₹345–₹360 (if support holds)
• Exit Target: ₹380–₹389 (short-term recovery zone)

✅ Positive

• FII and DII holdings increased — institutional confidence
• Dividend yield of 1.66% adds income stability
• PEG ratio of 23.3 suggests high growth expectations

⚠️ Limitation

• Price below key moving averages — weak technical setup
• MACD and RSI indicate bearish momentum
• Debt-to-equity ratio at 0.77 — moderate leverage risk

📉 Company Negative News

• Quarterly PAT dropped from ₹93.1 Cr to ₹59.6 Cr — 53.8% decline
• 52-week performance up only 19% — underperforming peers

📈 Company Positive News

• EPS of ₹9.50 and P/E of 38.2 — aligned with industry average
• Strong historical returns — over 990% in 5 years

  ET Money

🏢 Industry

• PCBL operates in Specialty Chemicals — cyclical but high-margin sector
• Industry P/E is 38.3 — PCBL valuation in line with peers
• Sector outlook remains stable with demand from auto and industrial segments

🧾 Conclusion

• PCBL is currently consolidating with bearish technical indicators
• Short-term entry near ₹345–₹360 may offer bounce opportunity
• Long-term investors may wait for trend reversal above ₹389

Sources

ET Money

ETMoney Technicals,

Investing.com India

Investing.com India