GRAVITA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

📈 GRAVITA is trending upward with strong momentum indicators. Entry near 1,750–1,770 ₹ and exit near 2,300–2,400 ₹ may suit short-term swing trades.

📈 Technical Analysis

• 📈 Chart Pattern: GRAVITA is forming a bullish continuation pattern, with higher lows and a breakout above key moving averages.
• 📈 Moving Averages: Price is above both 50-DMA (1,651 ₹) and 200-DMA (1,753 ₹), confirming bullish momentum.
• 📈 RSI (56.0): In bullish-neutral zone, indicating strength without being overbought.
• 📈 MACD (7.45): Positive crossover, reinforcing upward momentum.
• 📈 Bollinger Bands: Price near upper band, suggesting breakout potential with elevated volatility.
• 📈 Volume Trend: Current volume (16.13L) is significantly above 1-week average (6.49L), indicating strong participation and buying interest.

📍 Entry & Exit Zones

• ✅ Entry Zone: 1,750 ₹ – 1,770 ₹ (near 200-DMA and breakout support)
• 🚪 Exit Zone: 2,300 ₹ – 2,400 ₹ (resistance from prior highs)

📊 Trend Status

• 📈 Current Trend: Trending upward
• ⚠️ Bias: Bullish with strong volume and MACD confirmation

✅ Positive

• Strong ROCE (21.4%) and ROE (18.5%) reflect efficient capital deployment.
• Quarterly PAT rose from 68 Cr. to 87.2 Cr. — a 72.4% increase.
• Price above key moving averages and strong volume support bullish sentiment.
• Low debt-to-equity ratio (0.11) indicates financial stability.

⚠️ Limitation

• PEG ratio (0.75) suggests moderate valuation relative to growth.
• RSI nearing 60 — watch for overbought signals if price rallies further.

📉 Company Negative News

• FII holding dropped by 0.44%, indicating reduced foreign investor interest.

📈 Company Positive News

• DII holding increased by 0.46%, showing domestic institutional support.
• Strong quarterly earnings and technical breakout reinforce bullish outlook.

🏭 Industry

• Non-ferrous metals sector benefits from global industrial demand and commodity cycles.
• GRAVITA trades above industry PE (50.7 vs 22.4), reflecting premium valuation and growth expectations.

🧾 Conclusion

• GRAVITA is trending upward with bullish technical indicators and strong earnings momentum.
• Short-term traders may consider entries near 1,750 ₹ and exits near 2,400 ₹.
• Long-term investors should monitor valuation and RSI levels before adding exposure.

Sources: Moneycontrol Technicals

MoneyControl

, TopStockResearch Charts

TSR

, Investing.com Chart

Investing.com

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