PVRINOX - 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 PVRINOX (PVR Inox Ltd)

📊 Trend Analysis

Current Trend: The stock is in a mild uptrend, trading above both its 50-DMA (₹1,078) and 200-DMA (₹1,107), indicating short-term bullish momentum.

52-Week Positioning: At 32.8% of its 52-week range (₹826 – ₹1,748), the stock is recovering from its lows but still far from its peak, suggesting room for upside if momentum sustains

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📈 Momentum Indicators

RSI (55.7): Neutral to slightly bullish. Indicates moderate strength without being overbought.

MACD (17.8): Positive crossover confirms bullish momentum, though not aggressive.

Volume: Current volume (1.54L) is below the 1-week average (2.27L), suggesting reduced participation and lack of strong conviction.

📉 Chart Patterns & Moving Averages

Price Action: The stock has reclaimed both 50-DMA and 200-DMA, forming a base near ₹1,100. A breakout above ₹1,150 could trigger further upside.

Support Levels

₹1,078 (50-DMA)

₹1,050 (recent swing low)

Resistance Levels

₹1,150–₹1,180 (recent highs and psychological barrier)

₹1,250–₹1,300 (next major resistance zone)

📌 Bollinger Bands

Price is near the middle band, with bands slightly expanding. This suggests potential for a breakout if volume picks up.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 1,070–1,100 Near DMA support, favorable risk-reward

Exit (Short) 1,150–1,180 Resistance zone, potential profit booking

Exit (Long) 1,250–1,300 If breakout sustains above ₹1,180

🔍 Market Behavior

Trending: Mild uptrend confirmed by MACD and price above DMAs.

Consolidating: No, price is expanding with momentum.

Reversing: Not currently. Indicators suggest continuation unless volume drops further.

🧠 Summary

PVRINOX is showing signs of recovery with price action above key moving averages and MACD support. RSI is neutral, and volume is slightly weak, so a breakout above ₹1,150 should be watched closely. Ideal strategy: accumulate near ₹1,070–₹1,100 and trail stop-losses above ₹1,150. A move above ₹1,180 could open up ₹1,250+ targets.

Sources: ETMoney Technicals

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, Stock Price Archive Forecast

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, TradingView Technicals

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stockpricearchive.com

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www.etmoney.com

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in.tradingview.com

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