WHIRLPOOL - Technical Analysis

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

Technical Rating: 3.8

Here’s a detailed technical analysis of Whirlpool of India Ltd (WHIRLPOOL) based on the data you provided and current market indicators

📊 Trend Overview

Current Price (₹1,390) is above the 50 DMA (₹1,347) but below the 200 DMA (₹1,415) — indicating short-term strength but long-term weakness.

52W Index at 31.6%: Trading in the lower third of its yearly range, suggesting recovery from lows.

Trend Status: Consolidating, with signs of a potential reversal if momentum sustains.

📈 Momentum Indicators

RSI (51.7): Neutral zone — no overbought/oversold signal, but leaning bullish.

MACD (16.8): Strong positive crossover — indicates short-term bullish momentum.

Volume (2.77L) is in line with 1-week average (2.74L) — suggests steady interest, but not breakout-level enthusiasm.

📉 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,347 50 DMA, short-term base

Support 2 1,310 Psychological support zone

Resistance 1 1,415 200 DMA, key breakout level

Resistance 2 1,470 Previous swing high

🎯 Entry & Exit Zones

Optimal Entry: ₹1,345–₹1,355 (near 50 DMA, if price pulls back)

Exit Zone: ₹1,415–₹1,470 (watch for breakout confirmation above 200 DMA)

📌 Chart Pattern Insights

MACD strength suggests momentum building, but RSI and volume indicate caution.

Bollinger Bands likely narrowing — signaling low volatility and possible breakout setup.

No clear reversal pattern yet; price action remains range-bound with upward bias.

🧠 Summary

Trend: Consolidating with bullish undertone

Momentum: Strengthening, but not explosive

Volume: Stable — needs surge for breakout

Suggested Action: Consider entry near ₹1,350 with exit target ₹1,470. Watch for breakout above ₹1,415 for trend confirmation.

Want to explore how this compares with other consumer durable stocks or track its breakout potential over the next few sessions?

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