CGCL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.8

Here’s a detailed technical analysis of CGCL (Capri Global Capital Ltd)

📊 Trend Overview

Status: Consolidating with bullish undertone

Structure: Price is slightly above both 50-DMA and 200-DMA, indicating a neutral to mildly bullish setup.

52-week Index: 43.4% — mid-range performance, recovering from lows but still far from peak.

📈 Moving Averages

DMA 50: ₹184

DMA 200: ₹181

Current Price: ₹186

✅ Price is marginally above both moving averages, suggesting base formation and potential for trend continuation.

📉 Momentum Indicators

RSI (14-day): 48.6 — Neutral zone, indicating indecision and lack of strong momentum.

MACD: +0.79 — Mild bullish crossover, hinting at early upward momentum.

Volume: 9.48 lakh vs 1-week avg of 11.87 lakh — Below average, suggesting weak participation and limited conviction.

📊 Bollinger Bands

Price is near the middle band, indicating low volatility and range-bound movement. A breakout above ₹190–₹195 with volume could trigger momentum.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 181 200-DMA, strong support

Support 2 170 Previous swing low

Resistance 1 195 Minor resistance zone

Resistance 2 210 Pre-breakdown consolidation peak

Resistance 3 232 52-week high, major breakout level

🎯 Entry & Exit Zones

Optimal Entry: ₹180–₹185 range on pullback with volume confirmation.

Exit Zone: ₹195–₹210 for short-term traders; ₹230+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD is mildly bullish, RSI is neutral, and price is above key averages — suggesting consolidation with upward bias.

Volume weakness may limit upside unless participation improves.

Strong quarterly profit growth (+141%) and rising institutional interest support the technical setup despite high debt-to-equity.

🧭 Summary

Trend: Consolidating with bullish bias

Momentum: Mild; MACD supports upside, RSI and volume suggest caution

Technical Rating: 3.8 — Constructive setup with breakout potential above ₹195

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