KNRCON - Technical Analysis

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

Technical Rating: 2.6

Here’s a detailed technical analysis of KNR Constructions Ltd (KNRCON) based on current indicators and price behavior

📊 Trend Overview

Current Trend: Bearish

Price Action: Trading below both 50 DMA (₹221) and 200 DMA (₹252) — confirms sustained downtrend.

52W Index (10.4%): Price is significantly off its 52-week high (₹415), indicating deep correction and underperformance.

📈 Momentum Indicators

RSI (38.8): Weak — approaching oversold territory, but not yet signaling reversal.

MACD (-0.46): Negative — bearish crossover suggests continued selling pressure.

Volume: Slightly below weekly average — indicates lack of strong buying interest.

📉 Volatility & Bands

Bollinger Bands: Price likely near lower band — hints at oversold conditions and potential short-term bounce.

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

📌 Support & Resistance Zones

Level Price (₹)

Immediate Support 205–210 (recent base)

Strong Support 189 (52-week low)

Resistance 1 221 (50 DMA)

Resistance 2 252 (200 DMA)

Resistance 3 280–300 (gap zone)

🎯 Entry & Exit Zones

Optimal Entry: ₹205–₹213 (if price stabilizes and RSI shows divergence)

Exit / Profit Booking: ₹221–₹252 (if price rebounds toward moving averages)

🔍 Short-Term Signals

Momentum: Weak — RSI and MACD both suggest caution.

Trendline: Price breaking below key averages — no bullish crossover yet.

Consolidation: Possible near ₹205–₹213 zone — watch for volume spikes or RSI divergence.

Would you like to explore other infra stocks with stronger setups or dive into sector-wide recovery trends? I’ve got a few that might be worth your radar.

Edit in a page