Technical View on
(C.E. Info Systems) operates in the high-growth geospatial and digital mapping space, offering AI-powered SaaS and IoT solutions. Positioned in the IT-Software sector, it benefits from rising demand in EVs, logistics, and smart infrastructure. With strong institutional interest and growing application in government and private sectors, it is well-placed to ride India's digital transformation wave.
has recently shown strong bullish momentum, breaking out from a consolidation zone between ₹1,600–₹1,760, with rising volumes supporting the move. On the daily chart, the stock is trading above all major moving averages (9, 70, and 100 EMA), showing trend strength. The RSI is at 68 just below overbought territory which is indicating continued buying interest but caution at higher levels. On the weekly chart, the stock is nearing a crucial resistance zone around ₹1,948–₹2,068, with the 70-week MA at ₹1,914 acting as a short-term ceiling.
A decisive close above ₹1,950 could open the gate for a move towards ₹2,065 and eventually ₹2,270 in the medium term. However, if it faces rejection near ₹1,950, a retest of ₹1,840 or ₹1,760 is likely. For tomorrow, if broader market sentiment remains stable, the stock may attempt ₹1,940–₹1,950 levels. Overall, the trend remains positive with momentum on the side of bulls, but watch closely near resistance for profit booking or signs of reversal.
I have attached the daily chart of for your reference.
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Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.
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