MAPMYINDIA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.3

Here’s a detailed technical analysis of MAPMYINDIA

📊 Trend Overview

Status: Reversing with bearish undertone

Structure: Price is below both 50-DMA and 200-DMA, indicating a breakdown from previous bullish trend.

52-week Index: 19.6% — significant underperformance, trading near yearly lows.

📈 Moving Averages

DMA 50: ₹1,720

DMA 200: ₹1,788

Current Price: ₹1,651

🔻 Price is below both moving averages, confirming a bearish structure. These levels now act as resistance.

📉 Momentum Indicators

RSI (14-day): 36.8 — Approaching oversold territory, signaling weak momentum but potential for technical bounce.

MACD: -29.0 — Strong bearish crossover, confirming downward pressure.

Volume: 51,578 vs 1-week avg of 39,205 — Slightly above average, possibly due to speculative churn or early accumulation.

📊 Bollinger Bands

Price is near the lower band, suggesting oversold conditions and potential for a short-term bounce. However, trend remains weak.

🔍 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,620 Near-term support zone

Support 2 1,513 52-week low, critical support

Resistance 1 1,720 50-DMA, immediate resistance

Resistance 2 1,788 200-DMA, major breakout level

Resistance 3 1,900–2,000 Medium-term target if reversal confirms

🎯 Entry & Exit Zones

Optimal Entry: ₹1,620–₹1,650 range on confirmation of support holding and RSI reversal.

Exit Zone: ₹1,750–₹1,800 for short-term traders; ₹1,900+ for medium-term breakout players.

⚠️ Short-Term Signals

MACD is strongly bearish, RSI is weak, and price is below key averages — suggesting continued downside risk.

Volume uptick may indicate early accumulation, but confirmation is needed.

Despite decent quarterly profit growth (+35.2%), technicals remain under pressure.

🧭 Summary

Trend: Reversing with bearish bias

Momentum: Weak; MACD and RSI signal caution

Technical Rating: 3.3 — Bearish setup with bounce potential near ₹1,620

Would you like a comparison with other geospatial or tech infrastructure stocks to assess sector sentiment?

Edit in a page