Positional trade setup for KSB Ltd (NSE: KSB)Technical Analysis (Daily Chart)
CMP: ~₹880
Resistance Zone: Approaching strong overhead resistance at ₹890–900 (prior highs).
EMA 5–9–20: Stack is bullish and sloping upward (current EMAs ~₹830).
Chart Pattern: Potential bullish breakout setup; look for a clean close above ₹900.
Momentum & RS: Relative strength versus SPX is turning upward—hinting at upside catch-up.
Volume: Increase on upward candles, signaling accumulation.
🎯 Trade Plan
Entry: Close above ₹905–910
Stop-Loss: Below ₹850 (daily close)
Target 1: ₹980
Target 2: ₹1,050+
Risk–Reward: ~1:2 or better
🧾 Fundamental Snapshot
📌 Market Cap: ~₹14,600 Cr
📌 P/E: ~57.5×
📌 P/B: ~9.9×
📌 ROCE: ~21.5%
📌 ROE: ~16.7%
📌 Dividend Yield: ~0.5%
📌 Debt-to-Equity: Zero (virtually debt-free)
📌 5-Year Profit CAGR: ~22%
Strengths
Strong financials: high ROCE/ROE, no debt, consistent dividend payout (~29%).
Screener
Profitable and stable business in global industrial pumps & valves.
Risks
Valuation premium: trading at rich P/E and P/B multiples—market growth expectations are high.
