ZFCVINDIA - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical ListTechnical Rating: 4.0
Here’s a comprehensive technical analysis of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) based on the provided data and recent market indicators
📊 Trend Overview
Current Price (₹13,251) is above both 50 DMA (₹13,168) and 200 DMA (₹13,078) — indicating a mild bullish trend.
52W Index at 45.1%: Trading in the mid-range of its yearly high/low, suggesting recovery from lows but not yet in breakout territory.
Trend Status: Consolidating, with a bullish undertone.
📈 Momentum Indicators
RSI (49.8): Neutral zone — no strong momentum signal, but leaning bullish.
MACD (34.8): Strong positive crossover — indicates short-term bullish momentum.
Volume (3.7K) is significantly below 1-week average (14.6K) — suggests low conviction and possible pause in momentum.
📉 Support & Resistance Zones
Level Price (₹) Commentary
Support 1 13,078 200 DMA, long-term base
Support 2 12,960 Pivot S3 level
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Resistance 1 13,407 Pivot R1 level
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Resistance 2 13,630 Pivot R3 level, near recent swing high
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🎯 Entry & Exit Zones
Optimal Entry: ₹13,050–₹13,150 (near DMA support and pivot zone)
Exit Zone: ₹13,400–₹13,630 (watch for breakout confirmation)
📌 Chart Pattern Insights
MACD strength and positive crossover suggest momentum is building.
Bollinger Bands are tightening — signaling low volatility and potential breakout setup
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No clear reversal pattern; price action remains range-bound with upward bias.
🧠 Summary
Trend: Consolidating with bullish bias
Momentum: Strengthening, but volume needs confirmation
Volume: Weak — suggests hesitation
Suggested Action: Consider entry near ₹13,100 with exit target ₹13,600. Watch for breakout above ₹13,400 for trend continuation.
You can explore more technical overlays and live chart setups on TradingView’s ZFCVINDIA page or dive deeper into oscillator signals on TopStockResearch’s analysis. Want to compare this setup with other auto component stocks or track its breakout potential over the next few sessions?
1
www.etmoney.com
2
www.topstockresearch.com
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