CARBORUNIV - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.2

Here's a detailed technical breakdown of CARBORUNIV

📊 Trend Analysis

Current Trend: Consolidating

The stock is trading between its 50 DMA (₹950) and 200 DMA (₹1,049), indicating indecision and range-bound movement.

RSI at 59.9 suggests mild bullish momentum but not overbought.

MACD at 19.3 is positive, showing upward momentum, but not strongly divergent.

📈 Chart Patterns & Indicators

Moving Averages

Price (₹987) > 50 DMA (₹950): Short-term bullish

Price < 200 DMA (₹1,049): Long-term caution

RSI (59.9)

Neutral to slightly bullish. No overbought/oversold signal.

MACD (19.3)

Positive crossover confirmed. Momentum is building.

Bollinger Bands

Price is near the middle band, suggesting low volatility and consolidation.

Volume Trends

Current volume (2.86L) > 1-week average (2.02L): Accumulation phase

Delivery percentage ~80% indicates investor confidence

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🔍 Momentum Signals

Short-Term Bullish Bias

Rising MACD and volume spike suggest accumulation.

RSI nearing 60 could push into bullish territory if sustained.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 950 Near 50 DMA, strong base

Support 2 910 Previous swing low

Resistance 1 1,049 200 DMA, key breakout level

Resistance 2 1,150 Psychological barrier

Resistance 3 1,258 Medium-term target

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🎯 Entry & Exit Zones

Optimal Entry: ₹950–₹970 (on dips near support)

Exit Zone: ₹1,049–₹1,150 (partial profit booking)

Aggressive Target: ₹1,258 if breakout above 200 DMA sustains

🧭 Summary

Trend: Consolidating with bullish undertone

Momentum: Building, supported by MACD and volume

Risk: High valuation (P/E 50.5, PEG 6.13), so short-term trades preferred

Outlook: Watch for breakout above ₹1,049 for trend reversal confirmation

Sources

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Would you like a visual chart or backtest simulation for this setup?

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www.stocks-buy.com

2

www.etmoney.com

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www.topstockresearch.com

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