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Emmvee Photovoltaic Power Limited (EMMVEE) — Technical Setup
₹328.00 +0.77% Range Volatility Contraction Neutral
Summary
Emmvee Photovoltaic Power Limited is in a range on the daily chart. RSI(14) is 49.6, MACD is below its signal line, ADX reads 17 (weak trend). The stock trades 23.3% above its 200-day average and 11.7% below its 52-week high. Volume in the latest session was 0.6× its 20-day average. Over three months it has outperformed the Nifty 50 by 1.8 percentage points. Nearest support is ₹324.40 and resistance ₹337.15. Its technical score is 58/100 (neutral).
🧮 How the 58/100 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 (-0.34)0/3
- 20-day EMA above 50-day EMA3/3
- 50-day EMA above 200-day EMA3/3
- Close above 200-day SMA (23.34)3/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (17.17)1/3
- Weekly trend up (above a rising 30-week average)2/2
- RSI(14) in the bullish zone (55-70 best) (49.58)2/6
- MACD line above its signal line0/4
- MACD line above zero (1.31)3/3
- 12-day rate of change positive (1.02)3/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (1.82)2/2
- On-balance volume rising over 20 sessions5/5
- Chaikin Money Flow (20) positive (0.10)5/5
- More volume on up days than down days (20 sessions) (1.35)5/5
- Close above 20-day VWAP (-0.84)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.37)4/6
- Price in the upper half of its Bollinger Bands (0.46)2/5
- Shallow drawdown from the 52-week high (-11.72)3/5
- Volatility contracting (20-day volatility below its 6-month median) (14.40)4/4
- Room to the next resistance (≥8% scores full) (2.79)1/5
- Support close below (a tight, definable stop) (1.10)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-11.72)2/5
🧭 Regime: Range
Volatility Contraction — Bollinger width is in the 19th 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 EMMVEE — 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 | 55.60 | -3.18 |
| Daily | ▲ Bullish | 49.58 | -0.46 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bullish, weekly ADX 47.99.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
EMMVEE ÷ 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 | ₹370.68 | +13.0% | 2 |
| Resistance | ₹352.00 | +7.3% | 1 |
| Resistance | ₹337.15 | +2.8% | 2 |
| Close | ₹328.00 | — | |
| Support | ₹324.40 | −1.1% | 2 |
| Support | ₹314.67 | −4.1% | 2 |
| Support | ₹302.75 | −7.7% | 2 |
| Support | ₹284.90 | −13.1% | 1 |
52-week range: ₹171.51 – ₹371.55 (-11.72% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹210.05 (2026-04-02) to ₹371.55 (2026-07-16). Price has retraced 27.0% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹333.44 | +1.7% | S/R confluence nearest |
| 38.2% retracement | ₹309.86 | -5.5% | |
| 50.0% retracement | ₹290.80 | -11.3% | |
| 61.8% retracement | ₹271.74 | -17.1% | |
| 78.6% retracement | ₹244.61 | -25.4% | |
| 127.2% extension | ₹415.48 | +26.7% | |
| 161.8% extension | ₹471.36 | +43.7% | |
| 200.0% extension | ₹533.05 | +62.5% |
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-09-16 neutral Weak · 20
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
- MACD histogram bearish 2026-08-27 → 2026-09-15₹337.90 → ₹349.70
✅ Screens EMMVEE 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.
