NIVABUPA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.2

Here’s a detailed technical analysis of Niva Bupa Health Insurance Company Ltd (NIVABUPA)

📊 Trend Overview

Current Trend: Mildly bearish

Phase: Consolidating with downside bias

Bias: Neutral to negative, as price hovers near key moving averages with weakening momentum indicators

📈 Technical Indicators Analysis

🔹 Moving Averages

50 DMA: ₹83.1

200 DMA: ₹81.2

Current Price: ₹82.0

Price is sandwiched between 50 and 200 DMA → signals indecision

Flat moving averages → lack of directional momentum

🔹 RSI (Relative Strength Index)

RSI: 47.4

Slightly below neutral → mild bearish bias

No oversold signal, but lacks bullish strength

🔹 MACD (Moving Average Convergence Divergence)

MACD: -0.48

Negative MACD → confirms bearish divergence

No crossover → trend remains weak

🔹 Bollinger Bands

Price near middle band → consolidation zone

Bands narrowing → low volatility

No breakout or squeeze pattern visible

🔹 Volume Trends

Current Volume: 11.6 lakh

1-Week Avg Volume: 12.7 lakh

Volume slightly below average → weak participation

Suggests lack of institutional conviction

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 78.0 Minor support zone

Support 2 72.0 Previous swing low

Resistance 1 85.0 Immediate resistance

Resistance 2 92.0 Intermediate ceiling

Resistance 3 109.0 52-week high, major breakout level

🎯 Entry & Exit Zones

Optimal Entry Zone: ₹78–₹80 (on pullback near support)

Exit Zone / Profit Booking: ₹92–₹109 (resistance and breakout target)

🔍 Momentum Signals

Short-Term: Weak momentum, MACD and RSI not confirming strength

Medium-Term: Consolidation likely to continue unless price breaks above ₹85 with volume

Volume: Needs improvement for any meaningful breakout

🧭 Conclusion

NIVABUPA is currently consolidating with mild bearish undertones. Technical indicators show indecision, and the price is hovering near key moving averages. Traders may consider accumulating near ₹78 with a tight stop-loss, targeting ₹92–₹109 if volume confirms a breakout.

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