FIRSTCRY - Technical Analysis

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

Technical Rating: 2.6

Here’s a grounded technical walkthrough for FIRSTCRY 🍼📉

📉 Trend Snapshot

Current Price (₹352) is below 50 DMA (₹369) and 200 DMA (₹443) ➤ weak short-term & long-term trend

Stock is trading at ~15% of 52-week high (₹734) ➤ deep correction zone

Attempts to stabilize near recent low of ₹286, but no clear support breakout yet

📊 Indicator Overview

RSI (38.9)

Approaching oversold region ➤ weak momentum, possible base formation

MACD (-3.63)

Negative ➤ sustained bearish divergence; no signs of reversal

Volume Surge

Volume (8.79L) > Weekly avg (7.03L) ➤ increased activity but possibly speculative or selling pressure

Bollinger Bands

Price hugging lower band ➤ points to volatility & persistent downtrend

⚠️ Momentum Signals

Currently showing bearish momentum with weak recovery signs

RSI & MACD lack bullish traction

Volatility high, but not directional ➤ suggesting indecision, not reversal

🎯 Entry & Exit Zones

Strategy Price Range (₹) Commentary

Entry (Speculative) ₹320 - ₹340 Near base zone; wait for confirmation candles

Entry (Momentum Shift) ₹375+ On strong RSI/MACD reversal & volume spike

Exit (Bounce Play) ₹400 - ₹420 Minor resistance area; ideal for quick booking

Exit (Long-term) ₹475+ Target zone if trend reversal sustains

📘 Fundamental Flags

No P/E, Negative EPS (-₹3.67) ➤ loss-making with valuation opacity

ROCE (-0.40%) & ROE (-4.07%) ➤ low efficiency & return metrics

Debt/Equity (0.33) ➤ moderate leverage

Quarterly loss widening ➤ rising risks in earnings

🧭 Summary

Trend: Downtrend with limited signs of reversal

Momentum: Bearish; price action near support

Pattern: No clear base yet; could drift or consolidate

Technical Rating: 2.6

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