CENTURYPLY - Technical Analysis

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

📊 Technical Analysis for CENTURYPLY (Century Plyboards India Ltd)

Technical Rating: 3.4

📉 Trend Overview

Current Price: ₹732

52W High/Low: ₹939 / ₹630

Trend Status: Consolidating The stock is trading in a tight range between its 50 DMA and 200 DMA, indicating indecision and a potential base-building phase.

📈 Chart Patterns & Indicators

RSI (46.0): Neutral zone, suggesting lack of strong momentum in either direction.

MACD (-3.35): Bearish crossover, but flattening—could signal exhaustion of selling pressure.

Bollinger Bands: Price is near the middle band, indicating low volatility and consolidation.

Volume Trends: Current volume (46K) is below 1-week average (72K), showing reduced participation and wait-and-watch sentiment.

📉 Moving Averages

Moving Average Value (₹) Signal

50 DMA 741 Bearish (Price below)

200 DMA 748 Bearish (Price below)

Price is below both key DMAs, but not significantly—suggesting sideways movement with a slight bearish bias.

📌 Support & Resistance Zones

Support Levels: ₹715 (recent swing low), ₹685 (volume-backed support), ₹630 (52W low)

Resistance Levels: ₹741 (50 DMA), ₹770 (trendline resistance), ₹800 (psychological)

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹715–₹730 (if price holds and RSI improves)

Exit Zone: ₹770–₹800 (near resistance and trendline)

Stop Loss: ₹685 (below recent support)

⚠️ Momentum Signals

Short-Term: Weak momentum, but signs of stabilization

Medium-Term: Neutral to mildly bullish if price reclaims ₹750 with volume

🧠 Summary

CENTURYPLY is currently in a consolidation phase, with technical indicators showing indecision. While momentum is weak, the stock is holding near key support zones. Traders may consider accumulating near ₹715 with tight risk controls and watch for a breakout above ₹770 for confirmation.

Want to compare it with other building material stocks or explore its valuation metrics next?

Edit in a page