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Thakkers Develp. (THAKDEV) — Technical Setup
₹144.63 +4.80% Range Volatility Contraction Neutral
Summary
Thakkers Develp. is in a range on the daily chart. RSI(14) is 57.9, MACD is above its signal line, ADX reads 10 (weak trend). Volume in the latest session was 2.4× its 20-day average. Over three months it has outperformed the Nifty 50 by 7.2 percentage points. Nearest support is ₹133.00 and resistance ₹148.50. 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 (7.21)3/3
- 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 up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (9.90)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (57.88)6/6
- MACD line above its signal line4/4
- MACD line above zero (0.36)3/3
- 12-day rate of change positive (7.09)3/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (7.15)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.10)5/5
- More volume on up days than down days (20 sessions) (4.85)5/5
- Close above 20-day VWAP (5.82)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (4.59)2/6
- Price in the upper half of its Bollinger Bands (1.04)3/5
- Shallow drawdown from the 52-week high (-11.28)3/5
- Volatility contracting (20-day volatility below its 6-month median) (37.50)4/4
- Room to the next resistance (≥8% scores full) (2.68)1/5
- Support close below (a tight, definable stop) (8.04)1/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-11.28)2/5
🧭 Regime: Range
Volatility Contraction — Bollinger width is in the 8th 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 THAKDEV — 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 | 57.88 | 1.63 |
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
THAKDEV ÷ 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 | ₹163.01 | +12.7% | 1 |
| Resistance | ₹154.40 | +6.8% | 1 |
| Resistance | ₹148.50 | +2.7% | 3 |
| Close | ₹144.63 | — | |
| Support | ₹133.00 | −8.0% | 1 |
| Support | ₹128.00 | −11.5% | 1 |
| Support | ₹120.75 | −16.5% | 2 |
| Support | ₹115.72 | −20.0% | 2 |
52-week range: ₹115.10 – ₹163.01 (-11.28% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹115.10 (2026-06-10) to ₹163.01 (2026-07-27). Price has retraced 38.4% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹151.70 | +4.9% | |
| 38.2% retracement | ₹144.71 | +0.1% | nearest |
| 50.0% retracement | ₹139.05 | -3.9% | |
| 61.8% retracement | ₹133.40 | -7.8% | S/R confluence |
| 78.6% retracement | ₹125.35 | -13.3% | |
| 127.2% extension | ₹176.04 | +21.7% | |
| 161.8% extension | ₹192.62 | +33.2% | |
| 200.0% extension | ₹210.92 | +45.8% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-11-12 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Bullish Marubozu 2026-11-02 bullish Moderate · 50
- Gravestone Doji 2026-10-27 bearish 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 THAKDEV passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| LOTUSDEVSri Lotus Developers and Realty Limited | ₹248.03 | +0.83% | 71 | Uptrend | 92.00 |
| MODISModis Navnirman Limited | ₹396.65 | +1.07% | 61 | Uptrend | 74.00 |
| REPLRudrabhishek Enterprises Limited | ₹63.37 | +4.62% | 48 | Uptrend | 21.00 |
| PROZONERProzone Realty Limited | ₹51.96 | +0.80% | 40 | Range | 69.00 |
| SILStandard Industries Limited | ₹16.23 | -0.49% | 36 | Weak Downtrend | 65.00 |
| NIMBSPROJNimbus Projects Limited | ₹177.12 | -1.00% | 33 | Range | 62.00 |
| ELPROINTLElpro Internatio | ₹167.12 | -1.44% | 30 | Strong Downtrend | 79.00 |
| HBESDHB Estate Devel. | ₹73.01 | -3.44% | 27 | Range | 63.00 |
| SHRIKRISHShri Krishna | ₹31.05 | -0.48% | 27 | Weak Downtrend | 23.00 |
| NATIONSTDNational Standar | ₹101.50 | -0.73% | 20 | Strong Downtrend | 1.00 |
⚠️ 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.
