PRESTIGE - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.9

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹1,749
• RSI (64.6): Bullish — approaching overbought zone
• MACD (47.9): Strong bullish crossover — momentum confirmed
• Volume: Stable (5.17L vs 5.19L) — consistent interest
• DMA 50/200: Price above both (₹1,642 & ₹1,560) — bullish trend confirmation
• Bollinger Bands: Price near upper band — resistance likely near ₹1,800

📈 Entry & Exit Zones

• Support Levels: ₹1,700 / ₹1,660 / ₹1,600
• Resistance Levels: ₹1,800 / ₹1,850 / ₹1,900
• Optimal Entry: ₹1,700–₹1,730 (on minor pullback)
• Exit Target: ₹1,850–₹1,900 (if momentum sustains)

✅ Positive

• Strong MACD and RSI — bullish technical indicators
• Price above key moving averages — trend confirmation
• Low debt-to-equity ratio (0.46) — manageable leverage
• DII holding increased by 1.05% — domestic investor confidence

⚠️ Limitation

• Extremely high P/E (748) and negative PEG (-21.9) — severe overvaluation
• Dividend yield is minimal (0.10%)
• ROCE (4.35%) and ROE (1.44%) — weak capital efficiency

📉 Company Negative News

• FII holding declined by 0.90% — foreign investor caution
• Quarterly PAT dropped from ₹17.2 Cr to ₹13.1 Cr — 31.8% decline

📈 Company Positive News

• EPS of ₹4.19 — steady earnings
• 52-week performance up 82.2% — strong long-term trend

🏢 Industry

• PRESTIGE operates in real estate and property development — cyclical and capital-intensive sector
• Industry P/E is 42.4 — PRESTIGE trades at a steep premium
• Sector benefits from urbanization and housing demand, but sensitive to interest rates and policy

🧾 Conclusion

• PRESTIGE is currently trending upward with strong technical momentum
• Entry near ₹1,700 may offer upside toward ₹1,900 if momentum continues
• Valuation is highly stretched — suitable for short-term momentum traders, cautious for long-term investors