[--[65.84.65.76]--]
Technical Analysis
31 Jul 2026 03:55 PM
Lot Size
2500

Technical Sentiment
Bearish 36/100 Moderate Bearish Bias

Overall technicals indicate a bearish market.

Timeframe Outlook
Short Bearish
Medium Bearish
Long Neutral
Trend Bearish
Momentum Bearish
Strength Moderate
Volatility Low

Signals

2 Bull 5 Neutral 3 Bear
Indicator Value Signal Note
ADX (14) 19.43 Weak Trend ADX below 20 suggests a weak trend.
RSI (14) 41.72 Neutral No overbought or oversold condition.
Stochastic RSI (14) 24.31 Oversold Stochastic RSI is oversold.
MACD (12, 26) -0.14 Bearish MACD line is below zero.
Williams %R -71.43 Neutral Williams %R is between oversold and overbought.
ROC -0.55 Negative Rate of change is negative.
Bollinger Band 297.95 Mid Band Price is within the middle of the Bollinger range.
ATR (14) 0.67 Volatility Average true range — use for stop distance / target sizing.
VWAP 297.48 Above VWAP Price is trading above VWAP.
Supertrend (10, 3) 299.24 Downtrend Supertrend is in bearish mode (price below the line).
Ichimoku Cloud 295.23–298.27 In Cloud Tenkan below Kijun. Price is inside the Kumo.

Moving Averages

Short-term Bearish
Period SMA vs Price EMA vs Price
MA 9 298.22 Below 298.02 Below
MA 20 298.43 Below 298.27 Below
MA 50 298.36 Below 298.00 Below
MA 100 296.43 Above 297.40 Above
MA 200 297.70 Above 298.11 Below

Support & Resistance

Nearest Support
297.76
R2 · −0.19 (0.06%)
Nearest Resistance
298.08
R3 · +0.13 (0.04%)
Name Support Pivot Resistance
S3 S2 S1 R1 R2 R3
Fibonacci 296.38 296.71 296.91 297.23 297.56 297.76 298.08
Bollinger Band 297.07 297.75 298.43 299.10 299.78

Price is below short-term moving averages while momentum remains bearish.

Resistance near 298.08 (R3) should be watched for breakout confirmation.

Support exists near 297.76 (R2).