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Techno-Funda Summary
Technical Structure:
Price is consolidating between ₹1,645 (retest support) and ₹1,782 (fresh breakout zone).
Trend is overall uptrend, but momentum is sideways due to prolonged consolidation.
Indicators:
EMA – Bullish, RSI – Bullish, MACD – Bullish, PSAR – Bearish → Mixed signals = Neutral overall.
Key Levels:
Support: ₹1,645 / ₹1,561
Resistance: ₹1,782
Strong breakout only above ₹1,782.
Price Behaviour:
Buyers defending ₹1,645 strongly → healthy base formation.
Stock waiting for a catalyst to break the range.
Fundamental Snapshot:
Strong AUM growth, retail book expanding, stable asset quality.
One of the most respected NBFCs with consistent earnings momentum.
Verdict:
➡️ Neutral to Positive.
Fresh long only above ₹1,782 with volume.
Till then, range-bound.