HSCL - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.6

Here’s a detailed technical analysis of HSCL (Himadri Speciality Chemical Ltd) based on the provided data

📊 Trend Overview

Current Phase: Consolidating

Price Action: Trading almost flat between 50-DMA (₹469) and 200-DMA (₹471), indicating indecision and lack of strong directional bias.

Volume: Slightly above average, but not showing breakout-level enthusiasm.

📈 Momentum Indicators

RSI (52.4): Neutral zone — neither overbought nor oversold. Suggests sideways movement.

MACD (-1.04): Slightly negative, indicating weakening momentum. No bullish crossover yet.

Bollinger Bands: Price likely hovering near the middle band, consistent with consolidation.

🧭 Chart Patterns

No clear breakout or reversal pattern.

Price has retraced significantly from its 52-week high (₹682) and is now stabilizing near long-term averages.

Potential base-building near ₹460–₹470 zone.

🔍 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 460 Recent swing low, base zone

Support 2 440 Previous consolidation floor

Resistance 1 490 Minor resistance, recent rejection zone

Resistance 2 510 Psychological level, breakout trigger

Major Resistance 550–600 Long-term resistance zone

🎯 Entry & Exit Zones

Optimal Entry: ₹460–₹470 (on dips with volume support)

Short-Term Target: ₹490–₹510

Exit Zone / Stop-Loss: ₹440 (below base support)

🔄 Short-Term Outlook

Momentum: Weak to neutral

Bias: Range-bound between ₹460–₹490

Phase: Consolidating — no clear trend or reversal yet

🧠 Key Takeaways

HSCL is currently in a technical pause, hovering near its long-term averages.

Momentum indicators suggest a wait-and-watch approach.

A breakout above ₹490 with volume could trigger a trend reversal; until then, it remains a consolidation play.

Would you like a visual chart or a screener of similar consolidating stocks? I can help with that too.

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