AWL - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical ListTechnical Rating: 3.6
Hereβs a detailed technical analysis of Adani Wilmar Ltd. (AWL) based on the provided data
π Trend Analysis
Current Price: βΉ265 is slightly below the 50 DMA (βΉ267) and well below the 200 DMA (βΉ284) β indicating a mild bearish bias.
Trend Status: The stock is currently consolidating, with signs of base formation near support levels.
π Momentum Indicators
RSI (46.3): Neutral zone, suggesting lack of strong momentum but not oversold β could swing either way.
MACD (2.26): Slightly positive, indicating early bullish crossover β a potential momentum shift.
Volume: Current volume (9.61L) is significantly below the 1-week average (26.92L), showing low participation and lack of conviction.
π Moving Averages
Indicator Value (βΉ) Signal
50 DMA 267 Immediate resistance
200 DMA 284 Major resistance
Price trading below both DMAs suggests trend weakness, but proximity to 50 DMA indicates possible breakout attempt.
π Bollinger Bands
Likely trading near the middle band, consistent with RSI and MACD readings.
This suggests neutral momentum, with potential for a breakout or breakdown depending on volume and price action.
π Support & Resistance Zones
Level Price (βΉ) Significance
Support 1 255β260 Near recent lows and psychological support
Support 2 232β235 52-week low zone if breakdown occurs
Resistance 1 267β270 50 DMA and short-term ceiling
Resistance 2 280β285 200 DMA and previous consolidation zone
π― Entry & Exit Strategy
Optimal Entry Zone: βΉ255ββΉ260 (on pullback or MACD confirmation)
Exit Zone (Short-Term): βΉ267ββΉ270 (first resistance), βΉ280ββΉ285 (extended target if breakout confirms)
Stop Loss: βΉ248 (below key support)
π Summary
Trend: Consolidating with mild bearish bias
Momentum: Neutral, early signs of bullish crossover
Volume: Weak, needs confirmation for breakout
Technical Setup: Watch for MACD and volume surge near βΉ267 for entry confirmation
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