POLICYBZR - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.1

Here’s a detailed technical breakdown of PB Fintech Ltd (POLICYBZR)

📊 Trend Analysis

Current Trend: The stock is in a mild downtrend. It’s trading below its 50-DMA (₹1,817) and slightly above its 200-DMA (₹1,732), indicating indecision and weakening momentum.

52-Week Positioning: At 50.7% of its 52-week range (₹1,311 – ₹2,255), the stock is midway, suggesting consolidation after a prior rally.

📈 Momentum Indicators

RSI (44.6): Neutral to slightly bearish. Below 50 implies lack of buying strength, but not yet oversold.

MACD (-8.05): Bearish crossover confirmed. Momentum is negative, and trend reversal is not yet signaled.

Volume: Current volume (9.39L) is slightly below 1-week average (9.83L), indicating reduced participation. No accumulation signs yet.

📉 Chart Patterns & Moving Averages

Price Action: Recent price rejection near ₹1,820–₹1,850 zone suggests strong resistance. Support is forming near ₹1,730–₹1,750.

Support Levels

₹1,732 (200-DMA)

₹1,700 (psychological and historical support)

Resistance Levels

₹1,817 (50-DMA)

₹1,850–₹1,900 (recent swing highs)

📌 Bollinger Bands

Price is near the lower band, indicating potential for a short-term bounce. However, without volume confirmation, this could be a false signal.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 1,720–1,750 Near 200-DMA, potential bounce zone

Exit (Short) 1,820–1,850 Resistance zone, weak momentum

Exit (Long) 2,000–2,100 If breakout sustains above ₹1,850

🔍 Market Behavior

Trending: No, currently consolidating between 200-DMA and 50-DMA.

Reversing: Not yet. MACD and RSI suggest weakness, but not a confirmed reversal.

Consolidating: Yes, price is range-bound with low momentum and mixed volume.

🧠 Summary

POLICYBZR is in a consolidation phase with bearish undertones. Technical indicators suggest caution. Ideal strategy: wait for a breakout above ₹1,850 with volume confirmation for long positions, or accumulate near ₹1,730 with tight stop-loss.

Sources: TradingView Technicals, Stock Forecast & VWAP

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