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Dr Agarwal's Eye (DRAGARWQ) — Technical Setup
₹5,411.50 +1.77% Uptrend Volatility Expansion Neutral
Summary
Dr Agarwal's Eye is in a uptrend on the daily chart. RSI(14) is 62.7, MACD is above its signal line, ADX reads 19 (weak trend). Volume in the latest session was 0.6× its 20-day average. Over three months it has outperformed the Nifty 50 by 11.6 percentage points. Nearest support is ₹5,162.50 and resistance ₹5,500.00. Its technical score is 52/100 (neutral).
🧮 How the 52/100 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 (4.20)3/3
- 20-day EMA above 50-day EMA3/3
- 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) (18.51)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (62.71)6/6
- MACD line above its signal line4/4
- MACD line above zero (21.12)3/3
- 12-day rate of change positive (5.12)3/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (11.61)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.14)0/5
- More volume on up days than down days (20 sessions) (0.67)0/5
- Close above 20-day VWAP (5.38)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (2.98)4/6
- Price in the upper half of its Bollinger Bands (1.10)3/5
- Shallow drawdown from the 52-week high (-10.70)3/5
- Volatility contracting (20-day volatility below its 6-month median) (69.30)0/4
- Room to the next resistance (≥8% scores full) (1.64)0/5
- Support close below (a tight, definable stop) (4.60)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-10.70)2/5
🧭 Regime: Uptrend
Volatility Expansion — Bollinger width is in the 88th percentile of the last six months.
Suits: Trend-following, selectively. The trend is up but not forceful — favour entries near support and keep stops below the 50-day EMA.
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 20/50 EMA Crossover rules for DRAGARWQ — 20-day ema crosses above the 50-day ema.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▲ Bullish | 62.71 | 35.91 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal. Warning: price rose over 20 sessions while OBV fell (bearish price-volume divergence).
💪 Relative strength
DRAGARWQ ÷ 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 | ₹6,059.70 | +12.0% | 1 |
| Resistance | ₹5,600.00 | +3.5% | 1 |
| Resistance | ₹5,500.00 | +1.6% | 1 |
| Close | ₹5,411.50 | — | |
| Support | ₹5,162.50 | −4.6% | 9 |
| Support | ₹4,813.50 | −11.1% | 3 |
| Support | ₹4,600.00 | −15.0% | 1 |
52-week range: ₹4,600.00 – ₹6,059.70 (-10.70% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹6,059.70 (2026-05-21) to ₹4,600.00 (2026-05-21). Price has retraced 55.6% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹4,944.49 | -8.6% | |
| 38.2% retracement | ₹5,157.61 | -4.7% | S/R confluence |
| 50.0% retracement | ₹5,329.85 | -1.5% | nearest |
| 61.8% retracement | ₹5,502.09 | +1.7% | S/R confluence |
| 78.6% retracement | ₹5,747.32 | +6.2% | |
| 127.2% extension | ₹4,202.96 | -22.3% | |
| 161.8% extension | ₹3,697.91 | -31.7% | |
| 200.0% extension | ₹3,140.30 | -42.0% |
🕯️ Candlesticks (last 5 sessions)
- Three White Soldiers 2026-10-27 bullish Strong · 80
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens DRAGARWQ passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| AGARWALEYEDr. Agarwal's Health Care Limited | ₹513.85 | +0.91% | 84 | Range | 75.00 |
| APOLLOHOSPApollo Hospitals Enterprise Limited | ₹8,459.00 | +0.13% | 74 | Range | 73.00 |
| INDGNIndegene Limited | ₹619.40 | +5.56% | 71 | Uptrend | 84.00 |
| NHNarayana Hrudayalaya Ltd. | ₹1,834.20 | +6.63% | 69 | Range | 64.00 |
| SYNGENESyngene International Limited | ₹412.95 | +2.55% | 67 | Range | 43.00 |
| VIJAYAVijaya Diagnostic Centre Limited | ₹1,457.40 | +0.81% | 67 | Range | 87.00 |
| METROPOLISMetropolis Healthcare Limited | ₹559.90 | +2.61% | 59 | Range | 76.00 |
| SURAKSHASuraksha Diagnostic Limited | ₹325.45 | +2.88% | 54 | Range | 83.00 |
| GAUDIUMIVFGaudium IVF and Women Health Limited | ₹105.64 | -0.21% | 51 | Weak Downtrend | 27.00 |
| MEDANTAGlobal Health Limited | ₹1,298.40 | +2.21% | 46 | Weak Downtrend | 71.00 |
⚠️ 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.
