ARE&M - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.1

Here’s a detailed technical analysis of ARE&M (Assumed to be a Renewable & Engineering firm)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend, recovering from its recent low of ₹805. Price is trading above the 50-DMA and approaching the 200-DMA, suggesting bullish momentum with a potential breakout setup.

Price Action: Trading at ₹1,034, above the 50-DMA (₹1,000) and just below the 200-DMA (₹1,042), indicating a critical inflection point.

📈 Momentum Indicators

RSI (58.0): Bullish zone, showing healthy buying interest but still below overbought territory.

MACD (15.4): Positive crossover and rising, confirming bullish momentum and trend continuation.

Volume: Current volume (7.29L) is above the 1-week average (5.68L), showing strong participation, which supports the upward move.

📉 Volatility & Bands

Bollinger Bands: Price is near the upper band, signaling strength. A breakout above ₹1,050 with volume would confirm further upside.

📌 Support & Resistance Zones

Type Price Zone (₹) Notes

Support 1,000 – 1,020 Near 50-DMA and recent pullback zone

Resistance 1,050 – 1,100 200-DMA and psychological barrier

Breakout Zone 1,120+ Above this, next target is ₹1,250 – ₹1,444

🎯 Entry & Exit Strategy

Optimal Entry: ₹1,010 – ₹1,030 (on dips with bullish confirmation)

Exit Zone: ₹1,100 – ₹1,120 (partial profit booking); ₹1,250+ (final resistance)

Stop Loss: ₹990 (below 50-DMA)

🔍 Summary

Trend: Trending upward

Momentum: Strong bullish signals from RSI and MACD

Volume: Surging, confirming breakout strength

Outlook: Positive; watch for sustained move above ₹1,050 with volume for next leg up

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