APARINDS - Technical Analysis

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

Technical Rating: 4.6

📊 Technical Overview of Apar Industries Ltd. (APARINDS)

📈 Trend Analysis

Current Price: ₹9,682

50 DMA: ₹8,325

200 DMA: ₹7,813

Trend Status: The stock is in a strong uptrend, trading well above both moving averages. The price has recently pulled back from its 52-week high of ₹11,797, but remains structurally bullish.

📈 Momentum Indicators

RSI (66.7): Bullish — approaching overbought territory, but still has room for upside.

MACD (265): Strongly positive — confirms bullish momentum and trend continuation.

Volume: 11.0L vs 1-week avg of 2.69L — massively above average, indicating strong accumulation and breakout interest.

📊 Bollinger Bands

Price likely near the upper band, consistent with bullish momentum.

Bands are expanding, suggesting volatility breakout and trend continuation.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 8,325 Strong Support

200 DMA 7,813 Long-Term Support

Current Price 9,682 Bullish — well above both DMAs

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 9,200–9,300 Minor pullback zone

Support 2 8,300–8,350 50 DMA support zone

Resistance 1 10,200–10,300 Short-term resistance

Resistance 2 11,000–11,800 52-week high zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹9,200–₹9,300 (on dip or RSI cooling)

Exit Zone (Short-Term): ₹10,200–₹10,300 (initial resistance), ₹11,000+ (if breakout sustains)

Stop Loss: ₹8,950 (below recent support)

📌 Summary

Trend: Strongly trending upward

Momentum: High and accelerating

Volume: Surging — confirms bullish conviction

Setup: Ideal for momentum traders and breakout setups; minor dip could offer a high-probability entry

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