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Kothari Indl (KOTIC) — Technical Setup
₹100.03 -4.72% Strong Downtrend Volatility Expansion Strong bearish
Summary
Kothari Indl is in a strong downtrend on the daily chart. RSI(14) is 23.8, MACD is below its signal line, ADX reads 28 (trending). Volume in the latest session was 0.3× its 20-day average. Over three months it has underperformed the Nifty 50 by 33.1 percentage points. Nearest resistance is ₹123.12. Its technical score is 12/100 (strong bearish).
🧮 How the 12/100 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 (-21.16)0/3
- 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 up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (28.07)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (23.83)0/6
- MACD line above its signal line0/4
- MACD line above zero (-11.16)0/3
- 12-day rate of change positive (-33.34)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-33.15)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.10)0/5
- More volume on up days than down days (20 sessions) (3.06)5/5
- Close above 20-day VWAP (-33.02)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (9.79)0/6
- Price in the upper half of its Bollinger Bands (0.06)0/5
- Shallow drawdown from the 52-week high (-55.28)0/5
- Volatility contracting (20-day volatility below its 6-month median) (75.40)0/4
- Room to the next resistance (≥8% scores full) (23.08)5/5
- Support close below (a tight, definable stop)0/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-55.28)0/5
🧭 Regime: Strong Downtrend
Volatility Expansion — Bollinger width is in the 100th percentile of the last six months.
Suits: Avoid longs / trend-following shorts. A strong downtrend: rallies are usually sold. Long setups need a completed reversal pattern first.
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 SuperTrend (10,3) rules for KOTIC — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 23.83 | -4.38 |
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. Price fell over 20 sessions while OBV rose (bullish price-volume divergence).
💪 Relative strength
KOTIC ÷ 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 | ₹165.94 | +65.9% | 10 |
| Resistance | ₹142.15 | +42.1% | 1 |
| Resistance | ₹135.36 | +35.3% | 1 |
| Resistance | ₹123.12 | +23.1% | 1 |
| Close | ₹100.03 | — |
52-week range: ₹98.15 – ₹223.70 (-55.28% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹196.95 (2026-07-10) to ₹98.15 (2026-11-02). Price has retraced 1.9% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹121.47 | +21.4% | nearest |
| 38.2% retracement | ₹135.89 | +35.9% | S/R confluence |
| 50.0% retracement | ₹147.55 | +47.5% | |
| 61.8% retracement | ₹159.21 | +59.2% | |
| 78.6% retracement | ₹175.81 | +75.8% | |
| 127.2% extension | ₹71.28 | -28.7% | |
| 161.8% extension | ₹37.09 | -62.9% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-11-17 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
No classic candlestick pattern in the last five sessions.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens KOTIC passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| TRENTTrent Limited | ₹3,046.40 | +0.96% | 74 | Uptrend | 65.00 |
| KHADIMKhadim India Limited | ₹123.76 | +0.05% | 70 | Uptrend | 66.00 |
| KANANIINDKanani Industries Limited | ₹1.60 | +0.63% | 69 | Strong Uptrend | 66.00 |
| SINGERINDSinger India Limited | ₹90.65 | -1.13% | 69 | Strong Uptrend | 90.00 |
| BILBhartiya International Limited | ₹1,049.60 | +3.14% | 66 | Uptrend | 92.00 |
| SHALPAINTSShalimar Paints Limited | ₹80.77 | +1.60% | 66 | Range | 87.00 |
| ARHAMArham Technologies Limited | ₹203.49 | -2.61% | 64 | Strong Uptrend | 93.00 |
| SHRINGARMSShringar House of Mangalsutra Limited | ₹280.20 | +2.41% | 64 | Strong Uptrend | 88.00 |
| BATAINDIABata India Limited | ₹637.75 | +1.50% | 61 | Weak Downtrend | 27.00 |
| LENSKARTLenskart Solutions Limited | ₹664.75 | -1.98% | 59 | Uptrend | 89.00 |
⚠️ 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.
