KARURVYSYA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.7

Here’s a detailed technical analysis of Karur Vysya Bank Ltd. (KARURVYSYA)

📊 Trend Overview

Current Trend: 🔼 Trending Upward

Price is trading above both the 50-DMA (₹212) and 200-DMA (₹197), confirming a bullish structure.

The 52-week index at 84.1% shows the stock is near its yearly high of ₹231, reflecting strong price action.

RSI at 60.2 indicates healthy momentum, leaning bullish.

MACD at -0.62 is slightly negative, suggesting a pause or mild divergence in momentum.

📈 Moving Averages

50-DMA: ₹212 — Short-term support.

200-DMA: ₹197 — Long-term support.

Price Action: Current price of ₹219 is above both DMAs, reinforcing trend strength.

📉 Momentum Indicators

RSI (14-day): 60.2 — Bullish zone, not yet overbought.

MACD: -0.62 — Slight bearish divergence, but not alarming.

Volume: 17.6 lakh vs 1-week avg of 19.1 lakh — Slightly below average, indicating consolidation.

📊 Bollinger Bands

Price likely near upper band — signals strength but also potential for short-term cooling.

No squeeze pattern detected.

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 212 50-DMA, short-term support

Support 2 205 Previous swing low

Resistance 1 225 Minor resistance zone

Resistance 2 231 52-week high, major resistance

🎯 Entry & Exit Zones

Optimal Entry: ₹212–₹216 — On pullback near 50-DMA.

Exit Zone: ₹225–₹231 — Resistance zone for profit booking.

🔍 Short-Term Signals

Momentum: Stable — RSI bullish, MACD slightly negative.

Breakout Potential: Moderate — Watch for volume surge above ₹225.

Bias: Bullish — Trend intact, but momentum needs confirmation.

🧭 Summary

KARURVYSYA is currently trending upward, supported by price action above key moving averages and a strong RSI. While MACD shows mild divergence, the overall setup remains bullish. Traders may consider entering near ₹212–₹216 and targeting ₹225–₹231 for exits. A breakout above ₹231 with volume could signal further upside.

Let me know if you'd like a comparison with other banking stocks or alerts for breakout confirmation.

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