KALYANKJIL - Technical Analysis

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

Technical Rating: 4.3

Here’s a comprehensive technical analysis of Kalyan Jewellers India Ltd (KALYANKJIL) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bullish

Price Action: Trading well above both 50 DMA (₹567) and 200 DMA (₹551) — confirms strong uptrend.

52W Index (51.8%): Price has recovered more than half from its 52-week low (₹399), showing solid momentum.

📈 Momentum Indicators

RSI (61.8): Bullish — indicates strength but not yet overbought.

MACD (13.0): Positive — confirms upward momentum and trend continuation.

Volume: Slightly below 1-week average — suggests mild consolidation or pause in buying pressure.

📉 Volatility & Bands

Bollinger Bands: Price likely near upper band — signals strength but also short-term resistance.

Beta: High volatility — price may react sharply to sentiment or news.

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 580–600 (recent base)

Strong Support 567 (50 DMA)

Resistance 1 620–640 (psychological level)

Resistance 2 680–700 (supply zone)

Resistance 3 795 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹580–₹604 (on pullbacks near support)

Exit / Profit Booking: ₹640–₹680 (if price approaches resistance zones)

🔍 Short-Term Signals

Momentum: Strong — RSI and MACD both support bullish continuation.

Trendline: Price holding above key averages — confirms bullish structure.

Consolidation: Mild — price may consolidate near ₹600 before next leg up.

Would you like to compare this with other retail or luxury stocks showing breakout potential? I’ve got a few gems that might shine just as bright. 💎📈

Edit in a page