PVRINOX - Technical Analysis

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

📊 Technical Analysis Summary for PVRINOX (PVR INOX Ltd.)

Technical Rating: 3.3

📉 Trend & Momentum Overview

Trend Status: Consolidating with weak bullish signals

Price Action: Trading at 50 DMA (₹988), but below 200 DMA (₹1,111) — suggests short-term stability but long-term weakness.

RSI (49.0): Neutral zone — no strong momentum signal.

MACD (5.55): Positive crossover — mild bullish momentum.

Volume: Current volume (1.36L) is significantly below 1-week average (2.17L), indicating low participation.

📈 Chart Patterns & Indicators

Moving Averages

Price = 50 DMA → indecisive short-term trend.

Price < 200 DMA → long-term bearish bias.

Bollinger Bands

Price near mid-band → neutral volatility.

Bands moderately wide → average volatility, no breakout setup.

Support & Resistance Zones

🔍 Short-Term Signals

Momentum: Mild bullish; MACD positive, RSI neutral.

Volume Trend: Weak, not confirming breakout.

Volatility: Stable; no breakout or breakdown pressure.

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹960–₹975 (pullback to support)

Exit Target Zone: ₹1,050–₹1,100 (resistance cluster)

Stop Loss: ₹945 (below support zone)

🧭 Conclusion

PVRINOX is currently in a consolidation phase, with short-term indicators showing mild bullish momentum but long-term structure still weak. A breakout above ₹1,050 with volume confirmation could trigger a trend reversal. Until then, range-bound movement is likely.

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