POWERINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.4
| Stock Code | POWERINDIA | Market Cap | 1,67,466 Cr. | Current Price | 37,556 ₹ | High / Low | 37,695 ₹ |
| Stock P/E | 163 | Book Value | 1,161 ₹ | Dividend Yield | 0.02 % | ROCE | 29.0 % |
| ROE | 21.9 % | Face Value | 2.00 ₹ | DMA 50 | 30,641 ₹ | DMA 200 | 23,614 ₹ |
| Chg in FII Hold | 0.99 % | Chg in DII Hold | -0.22 % | PAT Qtr | 330 Cr. | PAT Prev Qtr | 302 Cr. |
| RSI | 74.0 | MACD | 1,765 | Volume | 3,08,420 | Avg Vol 1Wk | 2,71,302 |
| Low price | 16,104 ₹ | High price | 37,695 ₹ | PEG Ratio | 1.34 | Debt to equity | 0.02 |
| 52w Index | 99.4 % | Qtr Profit Var | 79.7 % | EPS | 222 ₹ | Industry PE | 36.6 |
📈 Chart Patterns: POWERINDIA is trading at its 52-week high (₹37,695), showing strong upward momentum. The broader structure reflects a steep rally from ₹16,104, with price action forming higher highs and strong bullish continuation.
📊 Moving Averages: Current price (₹37,556) is well above DMA 50 (₹30,641) and DMA 200 (₹23,614), confirming strong bullish momentum.
📉 RSI: At 74.0, RSI is overbought, suggesting caution for short-term traders.
📈 MACD: Strongly positive at 1,765, showing bullish crossover and continuation of upward momentum.
📉 Bollinger Bands: Price is hugging the upper band, reflecting strong bullish momentum but risk of short-term pullback.
📊 Volume Trends: Current volume (3.08L) is above average weekly volume (2.71L), showing strong participation and conviction in the rally.
⚡ Short-Term Momentum Signals: Strong bullish bias with high momentum; breakout sustained above ₹37,695 confirms trend strength.
🎯 Entry Zone: ₹36,500–₹37,200 (support region).
🎯 Exit Zone: ₹37,695–₹38,200 (resistance zone).
🔀 Trend Status: Trending upward with bullish undertone; consolidation possible near resistance.
Positive
- Strong ROCE (29.0%) and ROE (21.9%) highlight operational efficiency.
- EPS at ₹222 supports earnings visibility.
- Quarterly PAT improved from ₹302 Cr. to ₹330 Cr. (+79.7%).
- Price trading above both DMA 50 and DMA 200 confirms bullish trend.
- FII holdings increased (+0.99%), showing foreign investor confidence.
Limitation
- Dividend yield at 0.02% is negligible.
- Extremely high P/E ratio (163) compared to industry PE (36.6) indicates premium valuation.
- RSI above 70 signals overbought conditions.
- DII holdings decreased (-0.22%), showing reduced domestic support.
Company Negative News
- Valuation concerns with high P/E ratio.
- Overbought technical indicators suggest risk of near-term correction.
- DII stake reduced, showing weaker domestic sentiment.
Company Positive News
- Quarterly profit growth boosts investor sentiment.
- EPS remains strong at ₹222.
- FII stake increased, supporting bullish outlook.
- Stock trading near 52-week high reflects strong momentum.
Industry
- Industry PE at 36.6 vs. POWERINDIA PE at 163 shows significant premium valuation.
- Power and energy sector outlook remains strong with demand for renewable and sustainable energy solutions.
- Industry supported by government initiatives and infrastructure expansion.
Conclusion
POWERINDIA is trending upward with strong bullish undertones. Short-term traders may consider entry around ₹36,500–₹37,200 with exit near ₹37,695–₹38,200. Long-term investors should monitor valuation risks and sector demand before fresh accumulation.
Would you like me to refine this into a sector overlay HTML report comparing POWERINDIA with NTPC, Adani Energy, and Tata Power, or keep it strictly as a standalone technical rating?