SJVN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | SJVN | Market Cap | 31,038 Cr. | Current Price | 79.0 ₹ | High / Low | 108 ₹ |
| Stock P/E | 34.0 | Book Value | 37.6 ₹ | Dividend Yield | 1.85 % | ROCE | 8.36 % |
| ROE | 6.86 % | Face Value | 10.0 ₹ | DMA 50 | 74.2 ₹ | DMA 200 | 81.2 ₹ |
| Chg in FII Hold | 0.06 % | Chg in DII Hold | -0.25 % | PAT Qtr | 252 Cr. | PAT Prev Qtr | 372 Cr. |
| RSI | 58.9 | MACD | 2.67 | Volume | 59,25,409 | Avg Vol 1Wk | 72,85,724 |
| Low price | 63.0 ₹ | High price | 108 ₹ | PEG Ratio | -39.1 | Debt to equity | 0.70 |
| 52w Index | 35.9 % | Qtr Profit Var | 80.8 % | EPS | 2.32 ₹ | Industry PE | 31.0 |
📊 Chart & Indicators: SJVN is trading at ₹79.0, above its 50 DMA (₹74.2) but slightly below 200 DMA (₹81.2), showing short-term bullish momentum but medium-term resistance. RSI at 58.9 indicates neutral-to-bullish strength, while MACD at 2.67 confirms positive momentum. Price is mid-range between support (₹75–₹77) and resistance (₹81–₹83). Volume (59.2L) is below weekly average (72.8L), suggesting reduced participation.
🎯 Entry/Exit Zones:
- Buy Zone: ₹77–₹79 (near support)
- Stop-Loss: ₹74
- Exit Levels: ₹82–₹85 (short-term resistance), ₹95–₹100 (major resistance)
📈 Trend Status: Trending upward in short term, but facing consolidation risk near 200 DMA. Momentum remains positive, though volume weakness could limit upside.
✅ Positive
- Price above 50 DMA, showing short-term strength
- MACD positive at 2.67, confirming bullish momentum
- RSI at 58.9 indicates healthy momentum without overbought risk
- Strong 52-week index gain of 35.9%
⚠️ Limitation
- ROE (6.86%) and ROCE (8.36%) remain weak
- PEG ratio -39.1 indicates poor earnings growth relative to valuation
- P/E of 34.0 slightly above industry average (31.0)
- Volume below weekly average, showing reduced participation
📉 Company Negative News
- Quarterly PAT dropped from ₹372 Cr to ₹252 Cr
- DII holdings reduced (-0.25%)
- Debt-to-equity at 0.70 indicates moderate leverage
📊 Company Positive News
- Quarterly profit variation shows strong rebound (+80.8%)
- Dividend yield at 1.85% remains attractive
- FII holdings increased (+0.06%)
- EPS at ₹2.32 stable
🏦 Industry
- Industry PE at 31.0, slightly lower than SJVN
- Power sector demand remains strong with renewable energy focus
- Government support for hydro and renewable projects continues
📝 Conclusion
SJVN shows short-term bullish momentum above 50 DMA with positive MACD and healthy RSI. However, weak fundamentals (low ROE/ROCE, negative PEG) and resistance near 200 DMA limit upside. Best suited for swing trades with entry near ₹77–₹79 and exit around ₹82–₹85; long-term investors should remain cautious until profitability metrics improve.
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