VIJAYA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.9

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

📊 Trend Overview

Current Trend: The stock is in a mild uptrend, hovering near its 50-DMA and above the 200-DMA, suggesting a potential base formation.

Price Action: Trading at ₹1,045, just above the 50-DMA (₹1,043) and well above the 200-DMA (₹1,001), indicating a neutral-to-bullish bias.

📈 Momentum Indicators

RSI (48.2): Neutral zone. Neither overbought nor oversold, indicating indecision and lack of strong momentum.

MACD (1.96): Positive crossover, suggesting early bullish momentum but not yet strong.

Volume: Current volume (45.7K) is slightly below the 1-week average (53.3K), showing low conviction and limited participation.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 1,043 Support

200-DMA 1,001 Strong Support

Current Price 1,045 Slightly above both DMAs

📌 Bollinger Bands

Price is near the middle band, suggesting consolidation.

A breakout above ₹1,060–₹1,070 could trigger a move toward ₹1,100+.

🧭 Support & Resistance Zones

Immediate Support: ₹1,020–₹1,030 zone

Major Support: ₹980–₹1,000 zone

Immediate Resistance: ₹1,060–₹1,070 zone

Major Resistance: ₹1,120–₹1,150, then ₹1,277 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹1,020–₹1,035 (on pullback with MACD support)

Exit Zone: ₹1,120–₹1,150 (first resistance), ₹1,250+ if momentum builds

🔍 Conclusion

VIJAYA is currently consolidating with a slight bullish tilt. RSI is neutral, MACD is mildly positive, and price action is supported by moving averages. A breakout above ₹1,070 with volume could confirm trend continuation, while a pullback to ₹1,020 offers a favorable entry. The stock remains in a neutral-to-bullish phase with potential for upside.

Would you like a comparison with other diagnostic or healthcare stocks like Metropolis or Dr. Lal PathLabs?

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