Liquidity & Technical
Liquidity & Technical Analysis
1. Portfolio Implementation Verdict
Liquidity data is capacity-constrained — the 20-day ADV of roughly ₹12.3 crore supports only funds below ₹250 crore at a 5% position weight, and shares outstanding data is unavailable to compute exact market-cap runway. The tape is bearish: MapMyIndia confirmed a death cross in September 2025, sits 35% below its 200-day SMA, and has shed 45% over the trailing year — a sustained institutional exit, not consolidation.
5-Day Capacity @ 20% ADV (₹ cr)
Max Fund AUM — 5% Position (₹ cr)
ADV 20d as % Market Cap
Technical Stance Score (−4)
Liquidity caps practical position size for all but the smallest funds. A ₹500 crore fund would need 20+ trading days to build even a 1% position at 20% ADV participation. Combine with a deeply bearish tape and the implementation decision is: watchlist only until the 200-day SMA downtrend breaks.
2. Price Snapshot
Price (₹, May 8 2026)
YTD Return (%)
1-Year Return (%)
52-Week Position (0=low, 100=high)
3. Full-History Price — 50 & 200-Day SMA
Price is clearly below the 200-day SMA, which now stands at ₹1,471 versus the current price of ₹956 — a 35% gap. The stock has been in an uninterrupted downtrend since the death cross of 22 September 2025 and has given back nearly all gains since mid-2024.
Death cross confirmed 22 September 2025: the 50-day SMA crossed below the 200-day SMA. The gap between the two has widened since then, indicating the downtrend is not decelerating.
4. Relative Strength vs Rebased Starting Point
No INDA benchmark data was available in the dataset for this run. The chart below tracks the company's own price rebased to 100 at the start of the 3-year window (April 2023), illustrating the magnitude and consistency of underperformance.
From a rebased level of 100 in April 2023, the stock has declined to approximately 94 as of May 2026 — a 6% nominal loss over three years. That headline masks an extreme drawdown of nearly 65% from the 2023-peak before the bounce from ₹795 lows in early 2026. The stock's 3-year trajectory is one of boom, peak, and sustained decline.
5. Momentum Panel — RSI and MACD
RSI (14)
RSI sat below 30 (oversold) for extended stretches from February–April 2026, hitting lows around 14–18, before recovering to 53. A neutral reading at 53 is not a bullish signal — it reflects a technical bounce from extreme oversold conditions, not a fundamental re-rating. The prior pattern in this stock shows RSI recoveries stalling at 55–65 before rolling over.
MACD Histogram
The MACD histogram crossed positive in late April 2026 after 7 months of deeply negative readings (troughing at -111 in late 2025). This is a short-term momentum improvement — the MACD line itself (+0.20) has barely cleared zero while the signal line (-6.9) remains negative. This is a tactical bounce signal, not a trend reversal. The near-term momentum is improving (1-month return +8.2%), but the structural trend remains downward.
6. Volume, Volatility & Sponsorship
Daily Volume — Last 12 Months
The ADV 20d is approximately 130,000 shares. Notable volume spikes include the October 2025 surge (30x average) and June 2025 sell-off (17x average). The pattern is characteristic of distribution: the highest-volume days are clustered around negative price events, not accumulation.
Top 3 Volume-Spike Days
The June 2024 spikes (+20% and +5%) were associated with the golden cross and likely index/event-driven flows. The October 2025 spike (+5%) preceded the death cross — short-covering, not fresh accumulation. No confirmed catalyst data is available in the research dataset.
30-Day Realized Volatility (Annualized)
Current 30-day realized volatility is 47.4%, above the p80 threshold of 43.9% — this is the stressed regime. The 10-year p20 (calm) is 24.7% and median is 32.3%. Elevated vol expands transaction costs and increases the mark-to-market risk of building or exiting a position. For large orders, bid-ask impact at 3.7% median daily range compounds this substantially.
7. Institutional Liquidity Panel
Liquidity data is indicative — the pipeline did not retrieve shares outstanding, so market-cap-based runway calculations are not available. The ADV values and fund-capacity estimates are based on daily traded value.
Shares outstanding data is unavailable. Liquidation runway (in days) and largest-position-as-%-of-market-cap metrics cannot be computed. All capacity figures below are based on traded value and estimated market cap of ₹5,895 crore (per latest company data).
A. ADV & Turnover
ADV 20d (Shares)
ADV 20d (₹ crore)
ADV 60d (Shares)
ADV as % Market Cap (est.)
B. Fund-Capacity Table
C. Liquidation Runway
Shares outstanding are not available in this run. Position-value and days-to-exit calculations cannot be performed. A rough estimate using the ₹5,895 crore estimated market cap:
D. Execution Friction
The median daily intraday price range over the past 60 days is 3.71% — well above the 2% threshold flagged as elevated impact cost. For orders approaching ₹5 crore or more, intraday slippage will be material. This stock is best accessed in small tranches or on high-volume days.
At 20% ADV participation over 5 days, the largest position clearing comfortably is ₹12.47 crore. At the more conservative 10% ADV, that falls to ₹6.24 crore. A fund with ₹250 crore AUM aiming for a 5% position would need to trade for 40+ days at 20% ADV — significantly above the 5-day threshold. Liquidity is the binding constraint here.
8. Technical Scorecard & Stance
Total score: −4 out of ±6
Stance: Bearish on the 3–6 month horizon. MapMyIndia remains in a confirmed structural downtrend: the 50-day SMA crossed below the 200-day SMA in September 2025 and the gap has continued to widen. The recent bounce (RSI recovering to 53, MACD histogram turning positive, +8.2% in April) is best read as a dead-cat rally or oversold relief rather than a genuine reversal — the stock shed 65% from its 2024 peak before this recovery, and no fundamental catalyst has been confirmed. Two price levels define the near-term decision tree: if the stock reclaims ₹1,200 (above the 100-day SMA, currently ₹1,211), the downtrend structure is challenged and a neutral stance becomes warranted; if the stock breaks ₹795 (the 52-week and all-time low), the bearish case is confirmed and further institutional exit should be expected. Liquidity is the constraint — even for a small fund with ₹250 crore AUM, building a 5% position would require 40+ trading days at 20% ADV. The correct action at current prices is watchlist only: do not build a new position until ₹1,200 is cleared on volume, and tighten stops aggressively if already long.