CESC - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.7

Here’s a detailed technical analysis of CESC Ltd

📊 Trend Overview

Status: Consolidating with mild bullish undertone

Structure: Price is hovering just above both 50-DMA and 200-DMA, indicating a neutral to slightly positive setup.

52-week Index: 49.3% — mid-range performance, suggesting indecision.

📈 Moving Averages

DMA 50: ₹164

DMA 200: ₹163

Current Price: ₹165

✅ Price is marginally above both moving averages, hinting at a potential base formation. These levels now act as immediate support.

📉 Momentum Indicators

RSI (14-day): 54.4 — Neutral to mildly bullish zone. No strong momentum signal.

MACD: +0.01 — Flat crossover, suggesting lack of directional bias.

Volume: 12.36 lakh vs 1-week avg of 21.04 lakh — Below average, indicating weak participation and low conviction.

📊 Bollinger Bands

Price is near the middle band, indicating low volatility and range-bound movement. A breakout above ₹170–₹175 with volume could trigger momentum.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 163 200-DMA, immediate support

Support 2 155 Previous swing low

Resistance 1 170 Minor resistance zone

Resistance 2 185 Pre-breakdown consolidation peak

Resistance 3 213 52-week high, major breakout level

🎯 Entry & Exit Zones

Optimal Entry: ₹160–₹165 range on pullback with volume confirmation.

Exit Zone: ₹175–₹185 for short-term traders; ₹210+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD is flat, RSI is neutral, and price is above key averages — suggesting consolidation.

Volume weakness and flat profit growth (+9.9%) indicate limited momentum.

Watch for breakout above ₹170 with volume surge to confirm trend continuation.

🧭 Summary

Trend: Consolidating with mild bullish bias

Momentum: Neutral; MACD and RSI show indecision

Technical Rating: 3.7 — Stable setup with breakout potential above ₹170

Would you like a comparison with other power sector stocks like NTPC or Tata Power to assess sector rotation and dividend strength?

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