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Laser Power & Infra Limited (LASERPOWER) — Technical Setup
₹240.05 -1.19% Weak Downtrend Normal Volatility Strong bearish
Summary
Laser Power & Infra Limited is in a weak downtrend on the daily chart. RSI(14) is 33.9, MACD is below its signal line, ADX reads 20 (weak trend). Volume in the latest session was 0.7× its 20-day average. Over three months it has underperformed the Nifty 50 by 12.0 percentage points. Nearest resistance is ₹254.15. Its technical score is 11/100 (strong bearish).
🧮 How the 11/100 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 (-10.10)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) (19.93)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (33.86)0/6
- MACD line above its signal line0/4
- MACD line above zero (-10.81)0/3
- 12-day rate of change positive (-11.24)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (-11.96)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.01)0/5
- More volume on up days than down days (20 sessions) (0.58)0/5
- Close above 20-day VWAP (-10.61)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (5.48)2/6
- Price in the upper half of its Bollinger Bands (-0.08)0/5
- Shallow drawdown from the 52-week high (-30.12)1/5
- Volatility contracting (20-day volatility below its 6-month median) (40.90)4/4
- Room to the next resistance (≥8% scores full) (5.87)3/5
- 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 (-30.12)0/5
🧭 Regime: Weak Downtrend
Normal Volatility — Bollinger width is in the 33th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
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 LASERPOWER — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 33.86 | -2.18 |
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.
💪 Relative strength
LASERPOWER ÷ 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 | ₹317.00 | +32.1% | 1 |
| Resistance | ₹289.77 | +20.7% | 2 |
| Resistance | ₹268.12 | +11.7% | 2 |
| Resistance | ₹254.15 | +5.9% | 1 |
| Close | ₹240.05 | — |
52-week range: ₹238.80 – ₹343.50 (-30.12% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹343.50 (2026-08-25) to ₹238.80 (2026-10-16). Price has retraced 1.2% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹263.51 | +9.8% | nearest |
| 38.2% retracement | ₹278.80 | +16.1% | |
| 50.0% retracement | ₹291.15 | +21.3% | S/R confluence |
| 61.8% retracement | ₹303.50 | +26.4% | |
| 78.6% retracement | ₹321.09 | +33.8% | |
| 127.2% extension | ₹210.32 | -12.4% | |
| 161.8% extension | ₹174.10 | -27.5% | |
| 200.0% extension | ₹134.10 | -44.1% |
Next Fibonacci time zone: 55 sessions from the swing start ≈ 2026-11-12 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Three Black Crows 2026-10-15 bearish Moderate · 55
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 LASERPOWER 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.