APARINDS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.4

Here’s a detailed technical analysis of Apar Industries Ltd. (APARINDS)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, rebounding sharply from its recent low of ₹4,270 and currently trading well above both key moving averages.

Price Action: At ₹8,960, APARINDS is comfortably above the 50-DMA (₹8,365) and 200-DMA (₹7,990), confirming bullish strength across short and medium-term timeframes.

📈 Momentum Indicators

RSI (66.6): Bullish zone, approaching overbought territory. Indicates strong buying interest but caution is warranted above 70.

MACD (84.7): Strong positive crossover, confirming momentum continuation and trend strength.

Volume: Current volume (42K) is below the 1-week average (73K), suggesting momentum is intact but participation is cooling slightly near resistance.

📉 Volatility & Bands

Bollinger Bands: Price is near the upper band, signaling strength. A breakout above ₹9,000 with volume could trigger a rally toward ₹9,500+.

📌 Support & Resistance Zones

Type Price Zone (₹) Notes

Support 8,350 – 8,500 Near 50-DMA and recent swing low

Resistance 9,000 – 9,200 Psychological barrier and upper Bollinger Band

Breakout 9,250+ Above this, next target is ₹9,800 – ₹10,500

🎯 Entry & Exit Strategy

Optimal Entry: ₹8,500 – ₹8,700 (on dips with bullish confirmation)

Exit Zone: ₹9,200 – ₹9,250 (partial profit booking); ₹9,800+ (final resistance)

Stop Loss: ₹8,300 (below 50-DMA)

🔍 Summary

Trend: Trending upward

Momentum: Strong bullish signals from RSI and MACD

Volume: Slightly cooling, but trend remains intact

Outlook: Positive; watch for sustained move above ₹9,000 with volume for next leg up

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