PIDILITIND - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.4

📊 Technical Analysis Summary

• Trend Status: Reversing from uptrend
• Current Price: ₹1,446
• RSI (34.5): Near oversold — weak momentum
• MACD (-7.25): Bearish crossover — downward pressure
• Volume: Above average (17.5L vs 8.6L) — selling pressure likely
• DMA 50/200: Price below both (₹1,508 & ₹1,500) — bearish signal
• Bollinger Bands: Price near lower band — potential support zone

📈 Entry & Exit Zones

• Support Levels: ₹1,430 / ₹1,400 / ₹1,310
• Resistance Levels: ₹1,500 / ₹1,540 / ₹1,620
• Optimal Entry: ₹1,430–₹1,450 (if support holds)
• Exit Target: ₹1,540–₹1,620 (on technical rebound)

✅ Positive

• Strong fundamentals — ROCE (30.5%) and ROE (23.2%)
• Low debt-to-equity ratio (0.03) — financially sound
• EPS of ₹21.8 and consistent dividend yield (0.69%)

⚠️ Limitation

• Price below key moving averages — weak technical setup
• MACD and RSI indicate bearish momentum
• High P/E (66.0) and PEG (3.23) — expensive valuation

📉 Company Negative News

• FII holding declined by 0.05% — foreign investor caution
• Quarterly PAT dropped from ₹650 Cr to ₹586 Cr — slight decline

📈 Company Positive News

• Stable DII holding — domestic investor confidence maintained
• 52-week performance up 43.7% — strong long-term trend

🏢 Industry

• PIDILITIND operates in specialty chemicals and adhesives — resilient and innovation-driven sector
• Industry P/E is 32.0 — PIDILITIND trades at a premium
• Sector benefits from infrastructure growth and consumer demand

🧾 Conclusion

• PIDILITIND is currently reversing with weak short-term technical indicators
• Entry near ₹1,430 may offer upside toward ₹1,540–₹1,620 if momentum recovers
• Strong fundamentals support long-term view, but technicals suggest caution in the near term