UPL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | UPL | Market Cap | 56,114 Cr. | Current Price | 665 ₹ | High / Low | 812 ₹ |
| Stock P/E | 51.9 | Book Value | 162 ₹ | Dividend Yield | 0.90 % | ROCE | 1.26 % |
| ROE | 8.20 % | Face Value | 2.00 ₹ | DMA 50 | 744 ₹ | DMA 200 | 700 ₹ |
| Chg in FII Hold | 1.83 % | Chg in DII Hold | -0.46 % | PAT Qtr | 416 Cr. | PAT Prev Qtr | 122 Cr. |
| RSI | 26.5 | MACD | -20.7 | Volume | 14,68,380 | Avg Vol 1Wk | 28,02,218 |
| Low price | 580 ₹ | High price | 812 ₹ | PEG Ratio | -4.30 | Debt to equity | 0.07 |
| 52w Index | 36.6 % | Qtr Profit Var | 823 % | EPS | 37.0 ₹ | Industry PE | 27.7 |
📊 Chart Patterns: UPL is trading at 665 ₹, below both 50 DMA (744 ₹) and 200 DMA (700 ₹). The price has corrected from its 52-week high (812 ₹) and is consolidating near support levels, reflecting weak momentum and bearish bias.
📈 Moving Averages: Current price is under both short-term and long-term averages, confirming bearish sentiment. A breakout above 700–710 ₹ could indicate recovery, while failure to hold 660 ₹ may trigger further downside.
📉 RSI: At 26.5, RSI indicates oversold conditions, suggesting potential short-term support and possible bounce.
📉 MACD: Negative at -20.7, showing bearish divergence and lack of strong buying signals.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term rebound.
📊 Volume Trends: Current volume (14.7 lakh) is lower than average weekly volume (28 lakh), suggesting reduced participation and cautious sentiment.
📌 Momentum Signals: Short-term momentum remains bearish but oversold indicators suggest possible near-term bounce. Support lies around 650–660 ₹, while resistance is near 700–710 ₹.
🎯 Entry Zone: 650–665 ₹ (near support, only for short-term traders with strict stop-loss).
🎯 Exit Zone: 700–710 ₹ (near 200 DMA resistance).
🔎 Trend Status: The stock is consolidating with bearish bias, showing oversold signals but awaiting breakout direction.
Positive
- EPS of 37.0 ₹ indicates profitability.
- Quarterly PAT surged from 122 Cr. to 416 Cr. (823% growth).
- FII holdings increased by 1.83%, showing foreign investor confidence.
- Debt-to-equity ratio of 0.07 ensures financial stability.
Limitation
- Stock trading below both 50 DMA and 200 DMA shows weak technical strength.
- ROCE (1.26%) and ROE (8.20%) reflect poor efficiency.
- High P/E ratio (51.9) compared to industry PE (27.7) suggests overvaluation risk.
- PEG ratio of -4.30 signals poor growth relative to valuation.
Company Negative News
- DII holdings decreased by -0.46%, showing reduced domestic institutional support.
- Stock price corrected sharply from 812 ₹ high to current levels.
Company Positive News
- Quarterly PAT growth signals strong operational improvement.
- FII holdings increased, reflecting foreign investor interest.
Industry
- Industry PE at 27.7 suggests sector trades at lower valuations compared to UPL’s high P/E.
- Agriculture and chemicals sector remains cyclical but supported by global demand.
Conclusion
⚠️ UPL is consolidating with a bearish bias, trading below key moving averages and showing weak momentum. Oversold RSI suggests potential short-term bounce. Short-term traders may consider entry near 650–665 ₹ with strict stop-loss, targeting 700–710 ₹ resistance. Long-term investors should wait for a breakout above 744 ₹ (50 DMA) with sustained volume before fresh positions.