AMBER - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.7

Technical Analysis Report

• Trend Status: Reversing downward
• Moving Averages: Price (₹7,945) is below 50 DMA (₹8,036) but above 200 DMA (₹7,102), indicating long-term bullish structure with short-term weakness
• RSI (43.2): Weak momentum, approaching oversold territory
• MACD (42.8): Strong positive crossover, suggesting potential reversal
• Bollinger Bands: Price near mid-band, indicating consolidation with breakout potential
• Volume: Below average (1.72L vs 2.72L), showing reduced participation
• Support Zones: ₹7,850, ₹7,700
• Resistance Zones: ₹8,050, ₹8,250
• Entry Zone: ₹7,850–₹7,950 (near support)
• Exit Zone: ₹8,050–₹8,250 (near resistance)

Positive

• MACD indicates strong bullish crossover
• Price above 200 DMA supports long-term strength
• FII and DII holdings increased significantly (+2.02% and +2.38%)
• EPS of ₹46.4 reflects solid earnings

Limitation

• Price below 50 DMA suggests short-term weakness
• RSI below 50 indicates lack of momentum
• High P/E (178) and PEG (4.28) suggest overvaluation
• Volume below average, indicating weak conviction

Company Negative News

• Quarterly PAT declined from ₹79.6 Cr to ₹68.1 Cr

Company Positive News

• Quarterly profit variation of +46.6% shows strong year-over-year growth
• Stock has gained 79.9% from its 52-week low

Industry

• Consumer electronics and manufacturing sector remains buoyant with rising domestic demand
• Industry P/E of 57.4 suggests AMBER trades at a premium

Conclusion

• AMBER is in a reversal phase with mixed technical signals
• Entry near ₹7,850–₹7,950 offers a tactical setup
• Exit near ₹8,050–₹8,250 is ideal for short-term gains
• Investors should monitor RSI and volume for confirmation of trend continuation or exhaustion