PNCINFRA - 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 PNC Infratech Ltd (PNCINFRA)

📊 Trend Analysis

Current Trend: The stock is in a mild uptrend. It’s trading slightly above its 50-DMA (₹306) and just below its 200-DMA (₹312), suggesting a potential breakout if momentum sustains.

52-Week Positioning: At 31.4% of its 52-week range (₹236 – ₹470), the stock is recovering from its lows but still far from peak levels.

📈 Momentum Indicators

RSI (56.0): Indicates moderate bullish momentum. Above 50 suggests buying interest, but not yet overbought.

MACD (-0.16): Slightly negative, signaling indecision. A crossover above zero would confirm bullish momentum.

Volume: Current volume (4.09L) is significantly below the 1-week average (9.58L), indicating reduced participation and lack of conviction in the current move.

📉 Chart Patterns & Moving Averages

Price Action: The stock is attempting to reclaim its 200-DMA. A sustained move above ₹312 would confirm trend continuation.

Support Levels

₹306 (50-DMA)

₹290 (recent swing low)

Resistance Levels

₹312–₹320 (200-DMA and psychological resistance)

₹340–₹360 (previous consolidation zone)

📌 Bollinger Bands

Price is near the middle band, with narrowing bands indicating low volatility. A breakout above ₹312 could expand the bands and trigger momentum.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 290–306 Near support, favorable risk-reward

Exit (Short) 312–320 Resistance zone, near 200-DMA

Exit (Long) 340–360 If breakout sustains above ₹320

🔍 Market Behavior

Trending: Mild uptrend, but needs volume confirmation.

Consolidating: Yes, between ₹290–₹320.

Reversing: Not yet. MACD is flat, and RSI is neutral-bullish.

🧠 Summary

PNCINFRA is showing signs of recovery with price hovering near key moving averages. RSI supports bullish bias, but MACD and volume suggest caution. Traders should consider accumulating near ₹290–₹306 and watch for a breakout above ₹312 with volume for confirmation. A move above ₹320 could open up ₹340–₹360 targets.

Let me know if you’d like to compare it with other infra stocks or get a sector-wide technical scan.

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