ZFCVINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | ZFCVINDIA | Market Cap | 28,857 Cr. | Current Price | 15,210 ₹ | High / Low | 15,848 ₹ |
| Stock P/E | 60.5 | Book Value | 1,794 ₹ | Dividend Yield | 0.12 % | ROCE | 20.2 % |
| ROE | 15.1 % | Face Value | 5.00 ₹ | DMA 50 | 14,215 ₹ | DMA 200 | 13,646 ₹ |
| Chg in FII Hold | -0.42 % | Chg in DII Hold | 0.43 % | PAT Qtr | 106 Cr. | PAT Prev Qtr | 120 Cr. |
| RSI | 64.4 | MACD | 35.8 | Volume | 8,273 | Avg Vol 1Wk | 11,441 |
| Low price | 9,900 ₹ | High price | 15,848 ₹ | PEG Ratio | 1.17 | Debt to equity | 0.02 |
| 52w Index | 89.3 % | Qtr Profit Var | -2.62 % | EPS | 251 ₹ | Industry PE | 28.0 |
📊 Chart Patterns & Trend: ZFCVINDIA is trading well above both its 50 DMA (14,215 ₹) and 200 DMA (13,646 ₹), indicating strong bullish momentum. Price action suggests consolidation near the upper range of 15,000–15,850 ₹, with strong support at 14,800–15,000 ₹ and resistance near 15,800–16,000 ₹. Trendlines show an upward bias with potential continuation.
📈 Moving Averages: Current price (15,210 ₹) is above both 50 DMA and 200 DMA, confirming bullish strength. Sustained move above 15,850 ₹ would signal breakout continuation.
📉 RSI: At 64.4, RSI is approaching overbought territory, suggesting strong momentum but caution for potential pullback.
📈 MACD: Positive at 35.8, confirming bullish momentum in the short term.
📊 Bollinger Bands: Price is near the upper band, indicating strong buying pressure but also risk of short-term correction.
📊 Volume Trends: Current volume (8,273) is below the 1-week average (11,441), showing reduced participation despite bullish price action.
🎯 Entry Zone: 14,800–15,000 ₹ (near support, risk-managed entry).
🎯 Exit Zone: 15,800–16,000 ₹ (resistance zone, profit booking advisable).
📌 Momentum Signal: Strong short-term bullish momentum, trending upward with consolidation near highs. Breakout above 15,850 ₹ could extend rally toward 16,200–16,500 ₹.
Positive
- Strong ROCE (20.2%) and ROE (15.1%) highlight efficient capital use.
- Low debt-to-equity ratio (0.02) ensures financial stability.
- PEG ratio of 1.17 indicates reasonable growth valuation.
- DII holdings increased (+0.43%), reflecting domestic investor confidence.
- EPS of 251 ₹ reflects strong earnings base.
Limitation
- High P/E (60.5) compared to industry average (28.0) suggests overvaluation.
- Quarterly PAT declined from 120 Cr. to 106 Cr. (-2.62%).
- Trading volumes are below average, reducing momentum strength.
Company Negative News
- Decline in FII holdings (-0.42%) shows reduced foreign investor confidence.
- Sequential PAT decline highlights margin pressure.
Company Positive News
- Strong EPS and profitability metrics support valuation.
- DII support increased, showing domestic institutional interest.
Industry
- Industry P/E at 28.0 indicates sector is moderately valued compared to the company’s higher valuation.
- 52-week index return of 89.3% shows strong sector momentum.
Conclusion
⚖️ ZFCVINDIA is trending upward with strong bullish signals supported by moving averages and MACD. Entry near 14,800–15,000 ₹ offers favorable risk-reward, while exits should be considered around 15,800–16,000 ₹. Sustained breakout above 15,850 ₹ could push toward 16,200–16,500 ₹. Fundamentally strong but slightly overvalued, making it a momentum-driven play in the near term.