SJVN - 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
• Current Price: ₹88.1
• RSI (37.3): Weak — approaching oversold zone
• MACD (-1.04): Bearish crossover — downward momentum
• Volume: Below average (17.9L vs 28.2L) — fading interest
• DMA 50/200: Price below both (₹91.5 & ₹97.2) — bearish confirmation
• Bollinger Bands: Price near lower band — potential support near ₹85

📈 Entry & Exit Zones

• Support Levels: ₹85 / ₹80.5 / ₹76
• Resistance Levels: ₹91.5 / ₹97 / ₹105
• Optimal Entry: ₹85–₹88 (on dip near support)
• Exit Target: ₹97–₹105 (if momentum recovers)

✅ Positive

• Dividend yield of 1.66% — steady income potential
• FII and DII holdings increased — institutional interest
• EPS of ₹2.29 — consistent earnings base

⚠️ Limitation

• MACD and RSI indicate bearish momentum
• Price below key moving averages — weak technical setup
• ROCE (8.36%) and ROE (6.86%) — below industry benchmarks
• Negative PEG ratio (-44.1) — valuation concerns

📉 Company Negative News

• Quarterly profit variation down 21% — earnings volatility

📈 Company Positive News

• Quarterly PAT improved from ₹30.7 Cr to ₹259 Cr — strong recovery
• Institutional buying trend — FII up 0.03%, DII up 0.22%

🏢 Industry

• SJVN operates in power generation — capital-intensive and policy-sensitive sector
• Industry P/E is 30.9 — SJVN trades at a premium
• Sector benefits from renewable energy push and infrastructure development

🧾 Conclusion

• SJVN is currently reversing with weak technical indicators and declining momentum
• Entry near ₹85 may offer upside toward ₹105 if sentiment improves
• Fundamentals show mixed signals — suitable for cautious accumulation with technical confirmation