PTCIL - Technical Analysis

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

📊 Technical Analysis Summary for PTCIL (PTC Industries Ltd.)

Technical Rating: 3.5

📉 Trend & Momentum Overview

Trend Status: Consolidating with bullish undertones

Price Action: Trading above both 50 DMA (₹14,563) and 200 DMA (₹13,543), indicating medium- to long-term strength.

RSI (52.9): Neutral to slightly bullish — no overbought signals, but momentum is stabilizing.

MACD (-32.2): Negative, suggesting short-term weakness or a pause in bullish momentum.

Volume: Current volume (7.6K) is significantly below 1-week average (12.1K), indicating low participation and possible indecision.

📈 Chart Patterns & Indicators

Moving Averages

Price > 50 DMA > 200 DMA → bullish alignment.

No crossover signals — trend remains intact.

Bollinger Bands

Price near mid-band → neutral volatility.

Bands moderately wide → average volatility, no squeeze.

Support & Resistance Zones

🔍 Short-Term Signals

Momentum: Mixed; RSI neutral, MACD bearish.

Volume Trend: Weak, not confirming breakout.

Volatility: Stable; no breakout or breakdown pressure.

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹14,400–₹14,550 (pullback to support)

Exit Target Zone: ₹15,000–₹15,300 (resistance cluster)

Stop Loss: ₹14,250 (below support zone)

🧭 Conclusion

PTCIL is currently in a consolidation phase, with a bullish long-term structure but short-term hesitation. The MACD suggests a pause in momentum, while RSI and moving averages support stability. A breakout above ₹15,000 with volume confirmation could trigger a fresh rally. Until then, range-bound movement is likely.

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