CHALET - Technical Analysis

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

📊 Technical Analysis for CHALET (Chalet Hotels Ltd)

Technical Rating: 3.6

📉 Trend Overview

Current Price: ₹900

52W High/Low: ₹1,052 / ₹634

Trend Status: Consolidating with bullish undertone The stock is trading above its 200 DMA and near its 50 DMA, suggesting a pause after a strong uptrend. Price action hints at accumulation.

📈 Chart Patterns & Indicators

RSI (48.7): Neutral zone, indicating balanced momentum with room for upside.

MACD (6.17): Bullish crossover, signaling upward momentum.

Bollinger Bands: Price near middle band, suggesting low volatility and potential breakout setup.

Volume Trends: Current volume (47.8K) is significantly below 1-week average (1.6L), indicating reduced participation and wait-and-watch sentiment.

📉 Moving Averages

Moving Average Value (₹) Signal

50 DMA 894 Bullish (Price above)

200 DMA 854 Bullish (Price above)

Price is above both key DMAs, confirming uptrend continuation.

📌 Support & Resistance Zones

Support Levels: ₹880 (recent swing low), ₹854 (200 DMA), ₹820 (volume-backed support)

Resistance Levels: ₹918 (recent high), ₹940 (trendline resistance), ₹1,000 (psychological)

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹880–₹900 (if price holds and volume improves)

Exit Zone: ₹940–₹980 (near resistance and breakout zone)

Stop Loss: ₹854 (below 200 DMA)

⚠️ Momentum Signals

Short-Term: Mild bullish momentum, confirmation needed via volume

Medium-Term: Bullish if price sustains above ₹894 and breaks ₹918

🧠 Summary

CHALET is in a consolidation phase with bullish bias. Technical indicators suggest potential for upside if volume returns and price breaks above ₹918. Traders may consider accumulating near ₹880 with tight risk controls and watch for breakout confirmation.

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