NUVAMA - Technical Analysis

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

Technical Rating: 3.5

Here’s a comprehensive technical analysis of NUVAMA Wealth Management Ltd.

📊 Trend Overview

Status: Consolidating with mild bullish undertones

Price Action: Trading slightly below 50 DMA but above 200 DMA — suggests short-term weakness, but long-term strength

52W Index: At 67% of its 52-week high — indicates room for recovery

📈 Moving Averages

Indicator Value (₹) Signal

DMA 50 7,294 Bearish (Price < DMA)

DMA 200 6,489 Bullish (Price > DMA)

Price is ~1% below DMA 50 and ~11% above DMA 200 — mixed signals

📉 Momentum Indicators

Indicator Value Interpretation

RSI 42.9 Bearish to Neutral — no strong momentum

MACD 6.95 Mild Bullish crossover

Volume 77,192 Below average — weak participation

RSI below 45 suggests lack of buying strength

MACD is positive but not aggressive — momentum is tentative

📊 Bollinger Bands

Price is near mid-band, indicating neutral volatility

No breakout or squeeze — supports sideways consolidation

📌 Support & Resistance Zones

Level Price (₹) Strength

Support 1 7,100 Strong

Support 2 6,850 Moderate

Resistance 1 7,360 Moderate

Resistance 2 7,520 Strong

Entry Zone: ₹7,100–₹7,200 (if support holds)

Exit Zone: ₹7,360–₹7,520 (watch for breakout)

🔍 Short-Term Signals

MACD Positive: Mild bullish signal

RSI < 45: Weak momentum — avoid aggressive long positions

Volume Dip: Suggests caution — wait for confirmation

🧠 Summary

Trend: Consolidating

Momentum: Mildly bullish but fragile

Volume: Weak

Volatility: Neutral

Entry: ₹7,100–₹7,200

Exit: ₹7,360–₹7,520

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