HYUNDAI - Technical Analysis

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

Technical Rating: 4.1

Here’s a detailed technical snapshot of HYUNDAI, unwrapping price signals, momentum clues, and strategic entry-exit zones

📉 Trend Overview

Current Price (₹2,101) is above the 50-DMA (₹2,020) and 200-DMA (₹1,871) → confirms a strong uptrend continuation.

Price recently cooled off from a peak of ₹2,265 but remains well-supported above key averages.

📌 Trend Status: Trending Up, minor pullback from recent highs.

🔁 Momentum Indicators

RSI (53.0): Neutral zone—neither overheated nor oversold. Suggests price stability with space to run.

MACD (19.5): Bullish and significantly positive → supports continuation of upward bias.

Volume: Slightly above 1-week average → confirms steady interest without blowout speculation.

🧭 Momentum favors bulls, with room for breakout if supported by volume.

📊 Bollinger Bands

Price hovering in the upper-middle band, showing strength but not overextension.

No evident squeeze, indicating stable upward grind rather than explosive breakout.

🧱 Support & Resistance Matrix

Type Price Range (₹) Notes

Support 2,040–2,070 Aligned with recent base and 50-DMA

Resistance 2,220–2,265 Recent peak and trendline cap

Breakout Zone 2,270+ New ATH territory—watch for high-volume move

🎯 Trade Setup

Entry Zone: ₹2,070–₹2,100 (pullback-buy near support)

Exit Zone: ₹2,220–₹2,250 (test resistance, partial profit-taking)

Stop Loss: ₹2,030 (below base and minor consolidation zone)

📌 Conclusion

HYUNDAI maintains a strong bullish tone, backed by healthy momentum and technical structure.

A buy-on-dip strategy with strict risk controls could suit short-term traders.

For longer-term holders, sustainability above ₹2,265 with rising volume could validate fresh breakout positioning.

Want to explore how Hyundai’s trajectory lines up with auto sector benchmarks or EV adoption tailwinds? I can help break it down further 🚗📈

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