FIVESTAR - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.2

Here’s a detailed technical analysis of Five-Star Business Finance Ltd (FIVESTAR)

📉 Trend Analysis

Current Price (₹538) is below both 50-DMA (₹599) and 200-DMA (₹678) — confirming a strong bearish trend.

52-week Index at 3.84% shows the stock is trading near its yearly low (₹522), far from the high of ₹944.

Trend Status: Reversing downward, with no signs of stabilization yet.

🔍 Momentum Indicators

RSI (36.2): Approaching oversold territory, suggesting potential for a technical bounce, but not yet confirmed.

MACD (-19.3): Deeply negative — confirms strong bearish momentum.

Volume: At 7.25L, below 1-week average (10.89L) — indicates weak participation, possibly lack of buying interest.

📊 Chart Patterns & Moving Averages

Death Cross: Price below both 50-DMA and 200-DMA — a bearish signal.

Support Levels

₹522 (52-week low)

₹500 (psychological support)

Resistance Levels

₹599 (50-DMA)

₹620–₹640 (gap zone and swing resistance)

₹678 (200-DMA)

📉 Bollinger Bands

Price is likely near the lower band, indicating oversold conditions.

Bands are expanding, suggesting increased volatility and potential for sharp moves.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 525–535 Near 52-week low, oversold setup

Exit (Short-Term) 599–620 Resistance zone, potential reversal

Stop Loss 500 Below psychological support

🧭 Summary

Trend: Reversing downward

Momentum: Bearish, nearing oversold

Volatility: High, with bounce potential

Ideal Strategy: Cautious accumulation near ₹525–₹535 with target ₹599–₹620. Wait for MACD flattening and RSI rebound above 40 for confirmation.

Let me know if you'd like to compare this setup with other NBFCs or explore sector-wide sentiment.

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