VMM - Technical Analysis

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

Technical Rating: 4.2

Here’s a detailed technical analysis of VMM (Vishal Mega Mart Ltd)

📉 Trend Overview

Current Price (₹137) is above both 50 DMA (₹131) and 200 DMA (₹119) — indicating strong bullish momentum.

RSI (54.2): Neutral to bullish zone, suggesting room for upside without being overbought.

MACD (2.38): Bullish crossover, confirming upward momentum.

Volume: Slightly below 1-week average, but still healthy — indicating steady interest.

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

📊 Momentum Indicators

Indicator Value Signal

RSI 54.2 Neutral to bullish

MACD 2.38 Bullish crossover

Bollinger Bands N/A Likely near upper band

Volume Trend ↓ Slight dip, not alarming

📈 Support & Resistance Zones

Type Price (₹) Strength

Support 131–134 Strong

Support 125 Moderate

Resistance 140–143 Strong

Resistance 150–155 Moderate

📐 Trendlines suggest a breakout continuation. Sustained move above ₹143 could push toward ₹150+.

🎯 Entry & Exit Strategy

Entry Zone: ₹132–137 (on minor dips or pullbacks)

Exit Zone: ₹143–150 (near resistance and recent highs)

🧭 Overall Outlook

Short-Term: Bullish momentum supported by MACD and DMA alignment.

Medium-Term: Strong accumulation signals from FII/DII holdings.

Long-Term: High valuation (P/E 101 vs industry 63.7) and PEG ratio of 2.14 suggest growth optimism, but earnings volatility (Qtr Profit Var: 88%) may warrant caution.

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

Edit in a page