VIJAYA - Technical Analysis

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

Technical Rating: 4.6

Here’s a detailed technical analysis of VIJAYA (Vijaya Diagnostic Centre Ltd)

📉 Trend Overview

Current Price (₹1,120) is above both 50 DMA (₹1,011) and 200 DMA (₹978) — signaling strong bullish momentum.

RSI (64.9): Approaching overbought zone, but still within bullish territory.

MACD (32.4): Strong bullish crossover, confirming upward momentum.

Volume: Slightly below 1-week average, but price action remains strong — suggesting momentum is intact.

🔎 Conclusion: The stock is trending upward, with signs of continued strength.

📊 Momentum Indicators

Indicator Value Signal

RSI 64.9 Bullish

MACD 32.4 Strong bullish

Bollinger Bands N/A Likely near upper band

Volume Trend ↓ Slight dip, not alarming

📈 Support & Resistance Zones

Type Price (₹) Strength

Support 1,080–1,100 Strong

Support 1,011 DMA support

Resistance 1,145–1,160 Moderate

Resistance 1,200–1,220 Strong

📐 Trendlines suggest a breakout continuation. Sustained move above ₹1,145 could push toward ₹1,200+.

🎯 Entry & Exit Strategy

Entry Zone: ₹1,080–1,115 (on minor dips or pullbacks)

Exit Zone: ₹1,160–1,200 (near resistance and overbought RSI)

🧭 Overall Outlook

Short-Term: Bullish momentum with MACD and DMA support.

Medium-Term: Strong fundamentals and breakout potential.

Long-Term: High valuation (P/E 76.1 vs industry 51.6) and PEG ratio of 7.87 suggest growth optimism, but price may be stretched.

Would you like me to chart this against sector peers or overlay recent insider activity?

Edit in a page