SCHAEFFLER - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.5

Here’s a comprehensive technical analysis of Schaeffler India Ltd. (SCHAEFFLER)

📊 Trend Analysis

Current Trend: The stock is in a strong uptrend, trading near its 52-week high of ₹4,375 and well above both 50 DMA and 200 DMA.

Momentum: Bullish. RSI at 65.8 and MACD at 25.3 indicate sustained upward momentum, though RSI is approaching overbought territory.

📈 Moving Averages

50 DMA: ₹3,974

200 DMA: ₹3,795

Current Price: ₹4,138

Interpretation: Price is comfortably above both averages, confirming a bullish trend. The rising slope of both DMAs supports continued strength.

📉 MACD & RSI

MACD: Strongly positive, signaling bullish momentum.

RSI: At 65.8, nearing overbought zone (>70), but still in a healthy range for continuation.

Conclusion: Momentum indicators support a buy-on-dips strategy, with caution near resistance.

📊 Volume Trends

Current Volume: 42,258

1-Week Avg Volume: 38,814

Interpretation: Slight uptick in volume, suggesting accumulation. Sustained volume above average would confirm breakout strength.

📉 Bollinger Bands

Price is likely near the upper band, indicating strength but also potential short-term resistance. A breakout above ₹4,175–₹4,200 with volume would confirm continuation.

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 3,974 50 DMA, short-term support

Support 2 3,795 200 DMA, strong base

Resistance 1 4,175 Near-term resistance zone

Resistance 2 4,375 52-week high, major ceiling

Resistance 3 4,396–4,683 Forecasted upside targets

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🎯 Entry & Exit Zones

Optimal Entry: ₹3,975–₹4,000 (on pullback to 50 DMA with confirmation)

Exit Zone: ₹4,375–₹4,683 (partial profit booking near resistance and forecasted targets)

🔍 Summary

Trend: Trending upward

Momentum: Bullish

Bias: Buy on dips

Short-Term Strategy: Accumulate near ₹3,975–₹4,000 with targets around ₹4,375–₹4,683. Monitor RSI for overbought signals and MACD for trend continuation.

Sources

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www.stocks-buy.com

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www.schaeffler.com

3

stockpricearchive.com

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