GILLETTE - Technical Analysis

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

Technical Rating: 4.1

Here’s a full technical breakdown of Gillette India Ltd (GILLETTE)

📉 Trend Overview

Current Price: ₹10,712 is above both the 50 DMA (₹10,301) and 200 DMA (₹9,179), indicating a strong uptrend.

Trend Status: The stock is trending upward, though showing signs of short-term consolidation near resistance.

📊 Momentum Indicators

RSI (51.2): In the neutral zone, suggesting balanced momentum. No overbought or oversold signals.

MACD (95.9): Positive and rising, indicating bullish momentum and potential continuation.

Volume: Current volume (43K) is below the 1-week average (57K), hinting at low conviction in recent price action.

📈 Moving Averages

Indicator Value Signal

50 DMA ₹10,301 Price above – Bullish

200 DMA ₹9,179 Price well above – Strong Bullish

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 ₹10,300 Near 50 DMA – strong support

Support 2 ₹9,800 Prior breakout zone

Resistance 1 ₹11,000 Psychological barrier

Resistance 2 ₹11,505 52-week high – major resistance

📍 Entry & Exit Zones

Optimal Entry: ₹10,300–₹10,500 (on pullback with rising volume)

Exit Target: ₹11,000–₹11,500 (if momentum sustains and RSI climbs above 60)

📊 Bollinger Bands Insight

Price likely near the upper band, suggesting mild overextension.

Bands are moderately wide, indicating healthy volatility.

🔍 Chart Pattern Insight

Price action shows higher highs and higher lows, confirming an uptrend.

No bearish reversal patterns detected.

Consolidation likely before next breakout attempt.

🧭 Summary

Technical Bias: Bullish

Momentum: Positive but cooling

Trend: Trending with mild consolidation

Suggested Strategy: Buy on dips near support with tight stop-loss. Ideal for short-term swing or trend-following strategy.

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