AAVAS - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.4

📊 Technical Overview of AAVAS Financiers Ltd. (AAVAS)

📉 Trend Analysis

Current Price: ₹1,759

50 DMA: ₹1,893

200 DMA: ₹1,819

Trend Status: The stock is reversing downward, trading below both moving averages. This signals bearish momentum and a potential breakdown from previous support levels.

📉 Momentum Indicators

RSI (34.0): Approaching oversold territory, indicating weak momentum. Could signal a bounce if it dips below 30 and stabilizes.

MACD (-22.9): Deeply negative, confirming strong bearish pressure and lack of short-term recovery.

Volume: At 1.55L, above 1-week average of 82K. Suggests distribution phase or panic selling rather than accumulation.

📊 Bollinger Bands

Price likely hugging the lower band, consistent with RSI and MACD weakness.

This setup often precedes a short-term technical bounce, but confirmation is needed.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 1,893 Resistance

200 DMA 1,819 Resistance

Current Price 1,759 Below both DMAs

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 1,730–1,740 Near-term support zone

Support 2 1,600–1,620 52-week low zone

Resistance 1 1,820–1,840 200 DMA zone

Resistance 2 1,890–1,900 50 DMA and prior breakdown level

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹1,730–₹1,740 (if RSI stabilizes and MACD flattens)

Exit Zone (Short-Term): ₹1,820–₹1,840 (initial resistance), ₹1,890–₹1,900 (if reversal confirms)

Stop Loss: ₹1,600 (below 52-week low)

📌 Summary

Trend: Reversing downward

Momentum: Bearish and oversold

Volume: Elevated, but not bullish

Setup: High-risk zone; wait for reversal confirmation before entry

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