FACT - Technical Analysis

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

📊 Technical Analysis of Fertilisers and Chemicals Travancore Ltd. (FACT)

⭐ Technical Rating: 3.3

📈 Trend Overview

Current Price: ₹943

50 DMA: ₹937 → Price slightly above short-term average

200 DMA: ₹871 → Price above long-term average

Trend Status: Consolidating The stock is hovering near its 50 DMA with weakening momentum, suggesting indecision after a sharp rally from ₹565 to ₹1,112.

🔍 Momentum Indicators

RSI (47.5): Neutral zone; no strong momentum

MACD (-3.24): Negative and diverging — bearish bias

Volume: Below weekly average — indicates lack of conviction

📉 Chart Patterns & Signals

Recent Formation: Rounded top near ₹1,100 followed by descending channel

Bollinger Bands: Price near mid-band; volatility contraction phase

Candlestick Signal: Bearish engulfing near ₹960 — short-term resistance confirmed

📌 Support & Resistance Zones

Level Price Range (₹)

Support 920 – 930

Resistance 960 – 975

Breakout Zone Above ₹975 could trigger rally toward ₹1,050–₹1,100

🎯 Entry & Exit Strategy

Optimal Entry: ₹925–₹935 (near support zone)

Stop Loss: ₹910 (below recent swing low)

Target Exit: ₹960–₹975 (resistance zone); ₹1,050+ if breakout confirmed

⚡ Short-Term Signals

Bearish bias with weak MACD and neutral RSI

Watch for RSI > 50 and MACD crossover for momentum shift

Volume spike near ₹975 would validate breakout strength

Would you like a visual chart sketch or a comparison with other fertilizer sector stocks? I can also help build a multi-leg swing strategy if you're planning staggered entries.

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