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PNGS Reva Diamond Jewellery Limited (PNGSREVA) — Technical Setup
₹495.75 +1.30% Range Normal Volatility Bearish
Summary
PNGS Reva Diamond Jewellery Limited is in a range on the daily chart. RSI(14) is 44.2, MACD is below its signal line, ADX reads 24. Volume in the latest session was 0.3× its 20-day average. Over three months it has outperformed the Nifty 50 by 26.6 percentage points. Nearest support is ₹476.75 and resistance ₹564.50. Its technical score is 27/100 (bearish).
🧮 How the 27/100 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 (-3.76)0/3
- 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) (23.66)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (44.22)2/6
- MACD line above its signal line0/4
- MACD line above zero (-3.72)0/3
- 12-day rate of change positive (-3.03)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (26.60)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.22)0/5
- More volume on up days than down days (20 sessions) (0.97)0/5
- Close above 20-day VWAP (-6.40)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (5.82)2/6
- Price in the upper half of its Bollinger Bands (0.16)0/5
- Shallow drawdown from the 52-week high (-23.02)1/5
- Volatility contracting (20-day volatility below its 6-month median) (41.90)4/4
- Room to the next resistance (≥8% scores full) (13.87)5/5
- Support close below (a tight, definable stop) (3.83)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-23.02)0/5
🧭 Regime: Range
Normal Volatility — Bollinger width is in the 45th 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 PNGSREVA — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ◆ Neutral | 44.22 | -7.57 |
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.
💪 Relative strength
PNGSREVA ÷ 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 | ₹644.00 | +29.9% | 1 |
| Resistance | ₹564.50 | +13.9% | 1 |
| Close | ₹495.75 | — | |
| Support | ₹476.75 | −3.8% | 3 |
| Support | ₹434.00 | −12.5% | 1 |
| Support | ₹384.78 | −22.4% | 8 |
| Support | ₹324.25 | −34.6% | 1 |
52-week range: ₹324.25 – ₹644.00 (-23.02% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹324.25 (2026-03-30) to ₹644.00 (2026-08-12). Price has retraced 46.4% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹568.54 | +14.7% | S/R confluence |
| 38.2% retracement | ₹521.86 | +5.3% | |
| 50.0% retracement | ₹484.12 | -2.3% | nearest |
| 61.8% retracement | ₹446.39 | -10.0% | |
| 78.6% retracement | ₹392.68 | -20.8% | |
| 127.2% extension | ₹730.97 | +47.5% | |
| 161.8% extension | ₹841.61 | +69.8% | |
| 200.0% extension | ₹963.75 | +94.4% |
🕯️ Candlesticks (last 5 sessions)
- Inverted Hammer 2026-09-18 bullish Moderate · 60
- Doji 2026-09-17 neutral Weak · 20
- Doji 2026-09-16 neutral Weak · 20
- Piercing Pattern 2026-09-11 bullish Moderate · 50
- Tweezer Bottom 2026-09-11 bullish Moderate · 50
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 PNGSREVA 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.
