WHIRLPOOL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | WHIRLPOOL | Market Cap | 9,833 Cr. | Current Price | 775 ₹ | High / Low | 1,474 ₹ |
| Stock P/E | 34.1 | Book Value | 283 ₹ | Dividend Yield | 0.65 % | ROCE | 12.7 % |
| ROE | 9.17 % | Face Value | 10.0 ₹ | DMA 50 | 922 ₹ | DMA 200 | 1,175 ₹ |
| Chg in FII Hold | 0.77 % | Chg in DII Hold | 7.06 % | PAT Qtr | 20.9 Cr. | PAT Prev Qtr | 135 Cr. |
| RSI | 23.4 | MACD | -44.6 | Volume | 5,65,146 | Avg Vol 1Wk | 4,28,581 |
| Low price | 761 ₹ | High price | 1,474 ₹ | PEG Ratio | 3.07 | Debt to equity | 0.07 |
| 52w Index | 1.93 % | Qtr Profit Var | -49.8 % | EPS | 23.6 ₹ | Industry PE | 48.5 |
📊 Chart Patterns & Trend: WHIRLPOOL is trading well below its 50 DMA (922 ₹) and 200 DMA (1,175 ₹), indicating strong bearish pressure. Price action suggests consolidation near the lower support zone of 761–800 ₹, with resistance at 920–950 ₹. Trendlines show a clear downward bias.
📈 Moving Averages: Current price (775 ₹) is below both 50 DMA and 200 DMA, confirming bearish momentum. A sustained move above 922 ₹ is required for reversal signals.
📉 RSI: At 23.4, RSI is in oversold territory, suggesting limited downside and potential for a short-term rebound.
📉 MACD: Negative at -44.6, confirming strong bearish momentum in the short term.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term support around 761–780 ₹.
📊 Volume Trends: Current volume (5,65,146) is slightly above the 1-week average (4,28,581), showing increased participation but largely on the selling side.
🎯 Entry Zone: 761–780 ₹ (near support, risk-managed entry).
🎯 Exit Zone: 920–950 ₹ (resistance zone, profit booking advisable).
📌 Momentum Signal: Strong bearish momentum, consolidation near support with potential rebound if RSI-driven buying emerges. Overall trend remains downward unless price sustains above 922 ₹.
Positive
- Dividend yield of 0.65% provides investor returns.
- Strong institutional support with DII holdings up (+7.06%).
- EPS of 23.6 ₹ reflects earnings base.
- Low debt-to-equity ratio (0.07) ensures financial stability.
Limitation
- Stock trading well below moving averages, showing technical weakness.
- Quarterly PAT dropped sharply from 135 Cr. to 20.9 Cr. (-49.8%).
- Weak ROCE (12.7%) and ROE (9.17%) compared to peers.
- PEG ratio of 3.07 indicates expensive growth prospects.
Company Negative News
- Sequential PAT decline highlights margin pressure.
Company Positive News
- FII holdings increased (+0.77%), showing foreign investor interest.
- DII support surged (+7.06%), reflecting strong domestic institutional confidence.
Industry
- Industry P/E at 48.5 indicates sector is more expensive compared to WHIRLPOOL’s P/E (34.1).
- 52-week index return of 1.93% shows weak sector momentum.
Conclusion
⚖️ WHIRLPOOL is consolidating near support with strong bearish undertones. Entry near 761–780 ₹ offers limited risk, while exits should be considered around 920–950 ₹ unless strong reversal occurs. Fundamentally steady but technically weak in the near term, requiring caution for traders.