Technical Analysis Gravita India Limited.

The stock daily chart

experienced a massive rally in the past, peaking well above ₹2600. Following that high the stock entered a prolonged correction or downtrend. For several months the price kept making lower highs and lower lows indicating that sellers were in control. Recently there has been a positive shift. Around March 2026 the stock found a solid bottom near the ₹1250 to ₹1300 range. Resistance the stock is approaching a critical resistance zone between ₹1800 and ₹1850. Looking at the chart the price struggled and fell from this area previously late 2025/early 2026. For the stock to prove it is back in a long-term uptrend it needs to break above this ₹1850 level with strong volume. Support if the price drops from here the first line of support is around ₹1400. If it falls further the major rock-solid support is at the recent bottom near ₹1250. For short-term buyers, entering at the current price carries some risk as the stock is nearing a strong resistance zone around ₹1800 to ₹1850 so waiting for a slight dip or a clear breakout above that hurdle might be a safer strategy. For existing holders the current upward momentum is excellent and they should continue to hold their positions to ride this recovery trend. However it is highly recommended that holders maintain a trailing stop-loss near the ₹1500 to ₹1550 level to protect their recent profits. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.