GRAVITA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.5

Here’s a detailed technical analysis of Gravita India Ltd (GRAVITA)

📈 Trend Analysis

Current Price (₹1,682) is below both 50-DMA (₹1,730) and 200-DMA (₹1,801) — indicating a bearish setup.

52-week Index at 24.0% shows the stock is trading in the lower quartile of its yearly range (₹1,380–₹2,640), suggesting weak recovery from recent lows.

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

🔍 Momentum Indicators

RSI (46.1): In the neutral-to-weak zone, suggesting lack of momentum and caution for further downside.

MACD (-23.8): Deeply negative — confirms bearish divergence and short-term weakness.

Volume: At 2.39L, in line with 1-week average — indicates neutral sentiment, with no strong accumulation or distribution.

📊 Chart Patterns & Moving Averages

Price is trading below key moving averages, reinforcing bearish sentiment.

Support Levels

₹1,600 (psychological support)

₹1,500 (recent swing low)

₹1,380 (52-week low)

Resistance Levels

₹1,730 (50-DMA)

₹1,800–₹1,850 (200-DMA and gap zone)

₹2,000 (round number resistance)

📉 Bollinger Bands

Price is near the lower band, indicating oversold conditions.

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

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 1,580–1,620 Near support zone and lower band

Exit (Short-Term) 1,730–1,850 Resistance zone, potential reversal

Stop Loss 1,380 Below 52-week low and key support

🧭 Summary

Trend: Reversing downward

Momentum: Bearish, nearing oversold

Volatility: High, with bounce potential

Strategy: Cautious accumulation near ₹1,580–₹1,620 with target ₹1,730–₹1,850. Wait for MACD flattening and RSI rebound above 50 for confirmation.

Would you like to compare this setup with other metal recycling or small-cap industrial stocks for broader positioning?

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