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Aarnav Fashions Limited (AARNAV) — Technical Setup
₹33.75 +0.87% Range Normal Volatility Neutral
Summary
Aarnav Fashions Limited is in a range on the daily chart. RSI(14) is 53.5, MACD is above its signal line, ADX reads 25. Volume in the latest session was 0.4× its 20-day average. Over three months it has outperformed the Nifty 50 by 2.8 percentage points. Nearest support is ₹33.45 and resistance ₹37.40. Its technical score is 53/100 (neutral).
🧮 How the 53/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (3.02)3/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (24.90)0/3
- Weekly trend up (above a rising 30-week average)2/2
- RSI(14) in the bullish zone (55-70 best) (53.54)4/6
- MACD line above its signal line4/4
- MACD line above zero (-0.39)0/3
- 12-day rate of change positive (10.40)3/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (2.75)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.20)5/5
- More volume on up days than down days (20 sessions) (0.90)0/5
- Close above 20-day VWAP (2.49)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (6.24)0/6
- Price in the upper half of its Bollinger Bands (0.63)5/5
- Shallow drawdown from the 52-week high (-11.18)3/5
- Volatility contracting (20-day volatility below its 6-month median) (63.20)0/4
- Room to the next resistance (≥8% scores full) (10.81)5/5
- Support close below (a tight, definable stop) (0.89)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-11.18)2/5
🧭 Regime: Range
Normal Volatility — Bollinger width is in the 73th percentile of the last six months.
Suits: Mean reversion / range trading. No directional edge: buy near range support, sell near resistance, and treat breakouts with suspicion until volume confirms them.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the Bollinger Band Reversion rules for AARNAV — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | ▲ Bullish | 53.30 | -0.14 |
| Daily | ◆ Neutral | 53.54 | 0.17 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bullish, weekly ADX 39.72.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
AARNAV ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹37.40 | +10.8% | 3 |
| Close | ₹33.75 | — | |
| Support | ₹33.45 | −0.9% | 1 |
| Support | ₹29.51 | −12.6% | 5 |
| Support | ₹26.80 | −20.6% | 1 |
| Support | ₹25.30 | −25.0% | 1 |
52-week range: ₹21.00 – ₹38.00 (-11.18% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹21.54 (2026-05-18) to ₹38.00 (2026-10-06). Price has retraced 25.8% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹34.12 | +1.1% | nearest |
| 38.2% retracement | ₹31.71 | -6.0% | |
| 50.0% retracement | ₹29.77 | -11.8% | S/R confluence |
| 61.8% retracement | ₹27.83 | -17.6% | |
| 78.6% retracement | ₹25.06 | -25.7% | S/R confluence |
| 127.2% extension | ₹42.48 | +25.9% | |
| 161.8% extension | ₹48.17 | +42.7% | |
| 200.0% extension | ₹54.46 | +61.4% |
🕯️ Candlesticks (last 5 sessions)
No classic candlestick pattern in the last five sessions.
↗️ Divergences
- RSI(14) bullish 2026-10-26 → 2026-11-05₹29.51 → ₹29.26
- MACD histogram bullish 2026-10-26 → 2026-11-05₹29.51 → ₹29.26
- OBV bullish 2026-10-26 → 2026-11-05₹29.51 → ₹29.26
- Stochastic %K bullish 2026-10-26 → 2026-11-05₹29.51 → ₹29.26
✅ Screens AARNAV passes today
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.