JUBLINGREA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.0

Here’s a detailed technical analysis of Jubilant Ingrevia Ltd. (JUBLINGREA)

📊 Trend Overview

Current Trend: Reversing / Mild Bearish Bias

Price is trading below both 50-DMA (₹730) and 200-DMA (₹711), indicating a weakening trend.

RSI at 40.5 suggests low momentum and approaching oversold territory.

MACD at -6.78 confirms bearish divergence.

Volume is significantly below average, indicating weak participation and lack of conviction.

📈 Moving Averages

50-DMA: ₹730 — Immediate resistance.

200-DMA: ₹711 — Long-term resistance.

Price Action: Current price of ₹709 is below both DMAs, reinforcing bearish sentiment.

📉 Momentum Indicators

RSI (14-day): 40.5 — Weak momentum, nearing oversold.

MACD: -6.78 — Bearish crossover, trend weakening.

Volume: 92.8K vs 1-week avg of 1.6L — Low volume, no breakout strength.

📊 Bollinger Bands

Price likely near lower band — signals oversold conditions.

Potential for short-term bounce, but trend remains weak.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 690 Recent swing low

Support 2 660 Historical support zone

Resistance 1 730 50-DMA, immediate resistance

Resistance 2 760 Trendline resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹690–₹700 — Near support with tight stop-loss.

Exit Zone: ₹730–₹760 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Weak — MACD bearish, RSI near oversold.

Breakout Potential: Low — No bullish crossover or volume confirmation.

Bias: Bearish — Wait for reversal signals before entering.

🧭 Summary

JUBLINGREA is currently reversing from a prior uptrend, with bearish momentum and price action below key moving averages. RSI and MACD suggest weakness, while low volume confirms lack of buying interest. Traders should wait for a confirmed bounce from ₹690 or a breakout above ₹730 before initiating positions.

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