GVT&D - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.6

Here’s a detailed technical analysis of GVT&D

📈 Trend Analysis

Current Price (₹2,986) is just shy of its 52-week high (₹3,025) and well above both 50-DMA (₹2,669) and 200-DMA (₹2,143) — confirming a strong bullish trend.

52-week Index at 97.8% indicates the stock is trading near its peak, suggesting momentum continuation.

Trend Status: Trending upward, with breakout potential.

🔍 Momentum Indicators

RSI (67.5): Approaching overbought territory, signaling strong momentum but caution for short-term pullback.

MACD (64.2): Strongly positive — confirms bullish crossover and trend strength.

Volume: At 4.41L, slightly below 1-week average (4.63L) — suggests healthy participation, though not euphoric.

📊 Chart Patterns & Moving Averages

Golden Cross: Price above both 50-DMA and 200-DMA — a classic bullish signal.

Support Levels

₹2,669 (50-DMA)

₹2,500 (recent swing low)

Resistance Levels

₹3,025 (52-week high)

₹3,100 (psychological round number)

📉 Bollinger Bands

Price is near the upper band, indicating short-term overextension.

Bands are expanding, suggesting volatility and strength in the current move.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 2,650–2,700 Near 50-DMA and support zone

Exit (Short-Term) 3,025–3,100 Resistance zone, potential reversal

Stop Loss 2,500 Below swing low and trendline

🧭 Summary

Trend: Bullish

Momentum: Strong, nearing overbought

Volatility: High, with breakout potential

Ideal Strategy: Accumulate on dips near ₹2,650–₹2,700 with target ₹3,025–₹3,100. Monitor RSI and volume for signs of exhaustion or continuation.

Would you like to compare this setup with other high-ROE industrials or explore sector rotation strategies?

Edit in a page