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Gujarat Raffia Industries Limited (GUJRAFFIA) — Technical Setup
₹40.25 -1.61% Range Volatility Contraction Bearish
Summary
Gujarat Raffia Industries Limited is in a range on the daily chart, with the weekly trend neutral and the monthly trend bearish. RSI(14) is 47.0, MACD is below its signal line, ADX reads 6 (weak trend). The stock trades 5.4% below its 200-day average and 54.3% below its 52-week high. Volume in the latest session was 1.5× its 20-day average. Over three months it has underperformed the Nifty 50 by 2.7 percentage points. Nearest support is ₹39.13 and resistance ₹41.12. Its technical score is 33/100 (bearish).
🧮 How the 33/100 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 (-1.34)0/3
- 20-day EMA above 50-day EMA3/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA (-5.39)0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (6.41)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (47.00)2/6
- MACD line above its signal line0/4
- MACD line above zero (-0.00)0/3
- 12-day rate of change positive (0.73)3/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (-2.74)0/2
- On-balance volume rising over 20 sessions5/5
- Chaikin Money Flow (20) positive (-0.18)0/5
- More volume on up days than down days (20 sessions) (2.21)5/5
- Close above 20-day VWAP (-2.14)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (4.95)2/6
- Price in the upper half of its Bollinger Bands (0.25)2/5
- Shallow drawdown from the 52-week high (-54.26)0/5
- Volatility contracting (20-day volatility below its 6-month median) (7.20)4/4
- Room to the next resistance (≥8% scores full) (2.17)1/5
- Support close below (a tight, definable stop) (2.78)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-54.26)0/5
🧭 Regime: Range
Volatility Contraction — Bollinger width is in the 3th 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 GUJRAFFIA — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | ▼ Bearish | 39.53 | -0.26 |
| Weekly | ◆ Neutral | 47.36 | 0.25 |
| Daily | ◆ Neutral | 47.00 | -0.09 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bearish, weekly ADX 9.44.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
GUJRAFFIA ÷ 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 | ₹47.40 | +17.8% | 1 |
| Resistance | ₹45.94 | +14.1% | 1 |
| Resistance | ₹44.23 | +9.9% | 2 |
| Resistance | ₹41.12 | +2.2% | 6 |
| Close | ₹40.25 | — | |
| Support | ₹39.13 | −2.8% | 2 |
| Support | ₹37.61 | −6.6% | 2 |
| Support | ₹35.27 | −12.4% | 5 |
52-week range: ₹35.10 – ₹88.00 (-54.26% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹35.10 (2026-03-17) to ₹50.01 (2026-05-27). Price has retraced 65.5% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹46.49 | +15.5% | S/R confluence |
| 38.2% retracement | ₹44.31 | +10.1% | S/R confluence |
| 50.0% retracement | ₹42.55 | +5.7% | |
| 61.8% retracement | ₹40.80 | +1.4% | S/R confluence nearest |
| 78.6% retracement | ₹38.29 | -4.9% | |
| 127.2% extension | ₹54.07 | +34.3% | |
| 161.8% extension | ₹59.22 | +47.1% | |
| 200.0% extension | ₹64.92 | +61.3% |
🕯️ Candlesticks (last 5 sessions)
- Bullish Harami 2026-09-17 bullish Strong · 80
- Tweezer Bottom 2026-09-17 bullish Strong · 90
- Bearish Marubozu 2026-09-16 bearish Moderate · 65
- Bearish Engulfing 2026-09-15 bearish Strong · 80
- Tweezer Top 2026-09-15 bearish Strong · 70
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 GUJRAFFIA 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.
