PTCIL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.1

📊 Technical Analysis Summary

• Trend Status: Trending upward
• Current Price: ₹17,270
• RSI (62.1): Bullish zone — strong momentum
• MACD (505): Strong bullish crossover — upward momentum confirmed
• Volume: Significantly below average (8.4K vs 25.4K) — low participation
• DMA 50/200: Price above both (₹15,770 & ₹14,373) — bullish trend
• Bollinger Bands: Price near upper band — potential resistance zone

📈 Entry & Exit Zones

• Support Levels: ₹16,800 / ₹15,770 / ₹14,800
• Resistance Levels: ₹17,995 / ₹18,500 / ₹19,200
• Optimal Entry: ₹16,800–₹17,000 (on pullback)
• Exit Target: ₹18,500–₹19,200 (if momentum sustains)

✅ Positive

• Strong MACD and RSI — bullish technical indicators
• Price above key moving averages — trend confirmation
• Low debt-to-equity ratio (0.01) — financially sound

⚠️ Limitation

• Extremely high P/E (640) and PEG (13.2) — overvalued
• Volume significantly below average — weak conviction
• Dividend yield is zero — no income support

📉 Company Negative News

• Quarterly PAT dropped from ₹15.1 Cr to ₹8.18 Cr — sharp decline
• ROCE (5.26%) and ROE (3.59%) — below industry standards

📈 Company Positive News

• DII holding increased by 0.78% — domestic investor confidence
• Stock up 91.2% over 52 weeks — strong long-term performance

🏢 Industry

• PTCIL operates in a niche industrial segment — high entry barriers
• Industry P/E is 30.1 — PTCIL trades at a significant premium
• Sector benefits from infrastructure and manufacturing tailwinds

🧾 Conclusion

• PTCIL is currently trending upward with strong technical indicators
• Entry near ₹16,800 may offer upside toward ₹18,500–₹19,200
• Valuation remains stretched — suitable for momentum traders, cautious for long-term investors