VGUARD - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.5

Here’s a detailed technical analysis of V-Guard Industries Ltd (VGUARD)

📊 Trend Overview

Current Trend: The stock is in a sideways consolidation phase, hovering near key moving averages with no clear breakout.

Price Action: Trading at ₹370, slightly below the 50-DMA (₹372) and 200-DMA (₹379), indicating indecision and lack of strong directional momentum.

📈 Momentum Indicators

RSI (50.4): Neutral zone. Neither overbought nor oversold, suggesting a wait-and-watch sentiment.

MACD (-0.18): Slightly negative, indicating weak momentum and absence of bullish crossover.

Volume: Current volume (89K) is significantly below the 1-week average (8.41 lakh), showing low participation and lack of conviction.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 372 Resistance

200-DMA 379 Resistance

Current Price 370 Below both DMAs

📌 Bollinger Bands

Price is near the middle band, suggesting consolidation.

No breakout or breakdown signal; watch for movement beyond ₹375 or below ₹365.

🧭 Support & Resistance Zones

Immediate Support: ₹360–₹365 zone

Major Support: ₹340–₹350 zone

Immediate Resistance: ₹375–₹380 zone

Major Resistance: ₹400–₹420, then ₹470 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹360–₹365 (on pullback with MACD flattening)

Exit Zone: ₹400–₹420 (first resistance), ₹460+ if momentum builds

🔍 Conclusion

VGUARD is currently consolidating with weak momentum indicators. RSI is neutral, MACD is slightly bearish, and volume is low. Price action below key moving averages suggests caution. A breakout above ₹375 with volume and MACD crossover could signal trend reversal, but until then, the stock remains in a neutral-to-bearish phase.

Let me know if you’d like a comparison with peers like Havells or Crompton Greaves!

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