HomeTechnical SetupVENUSPIPES
78tech score
/ 100

Venus Pipes & Tubes Limited (VENUSPIPES) — Technical Setup

₹2,283 +7.09%   Strong Uptrend Volatility Expansion Strong bullish

As of 2026-09-18 close Sector: Metal Steel - Medium / Small

Summary

Venus Pipes & Tubes Limited is in a strong uptrend on the daily chart, with the weekly trend bullish and the monthly trend bullish. RSI(14) is 81.1, MACD is above its signal line, ADX reads 33 (trending). The stock trades 66.6% above its 200-day average and 1.1% below its 52-week high. Volume in the latest session was 4.7× its 20-day average. Over three months it has outperformed the Nifty 50 by 37.4 percentage points. Nearest support is ₹1,875.00, with no swing resistance overhead. Its technical score is 78/100 (strong bullish).

Trend (daily)
Bullish
Trend (weekly)
Bullish
Trend (monthly)
Bullish
RSI (14)
81.10
MACD
Bullish
ADX (14)
32.60
Volume vs 20d avg
4.71×
Support
₹1,875.00 (−17.9%)
Resistance
None overhead
RS vs Nifty (3M)
+37.39%
RS rating
95.00

🧮 How the 78/100 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.

Trend20/20
  • Close above 20-day EMA (21.90)3/3
  • 20-day EMA above 50-day EMA3/3
  • 50-day EMA above 200-day EMA3/3
  • Close above 200-day SMA (66.60)3/3
  • SuperTrend (10,3) pointing up3/3
  • ADX ≥ 20 with +DI above −DI (trend has strength) (32.61)3/3
  • Weekly trend up (above a rising 30-week average)2/2
Momentum18/20
  • RSI(14) in the bullish zone (55-70 best) (81.10)4/6
  • MACD line above its signal line4/4
  • MACD line above zero (132.08)3/3
  • 12-day rate of change positive (42.24)3/3
  • Stochastic %K above %D2/2
  • Outperforming the Nifty 50 over 3 months (37.39)2/2
Volume20/20
  • On-balance volume rising over 20 sessions5/5
  • Chaikin Money Flow (20) positive (0.47)5/5
  • More volume on up days than down days (20 sessions) (3.97)5/5
  • Close above 20-day VWAP (17.04)5/5
Volatility10/20
  • Daily range (ATR%) contained — ≤2.5% scores full (4.36)2/6
  • Price in the upper half of its Bollinger Bands (1.06)3/5
  • Shallow drawdown from the 52-week high (-1.13)5/5
  • Volatility contracting (20-day volatility below its 6-month median) (89.60)0/4
Support / Resistance10/20
  • Room to the next resistance (≥8% scores full)0/5
  • Support close below (a tight, definable stop) (17.87)0/5
  • Broke above a 20-day high in the last 5 sessions5/5
  • Within 5% of the 52-week high (-1.13)5/5

🧭 Regime: Strong Uptrend

Volatility Expansion — Bollinger width is in the 92th percentile of the last six months.

Suits: Trend-following. Pullbacks to the 20-day EMA and breakouts tend to be bought in strong trends; mean-reversion shorts fight the tape.

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 Momentum Breakout rules for VENUSPIPES — close at a 20-day high on 1.5× average volume, rsi above 55.

🕰️ Multi-timeframe

TimeframeTrendRSI (14)MACD hist.
Monthly▲ Bullish71.63118.88
Weekly▲ Bullish79.1943.68
Daily▲ Bullish81.1046.84

Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bullish, weekly ADX 30.15.

📶 Volume & VWAP

Relative volume
4.71×
5d / 20d volume
3.05×
Volume ROC (10d)
+393.58%
Up/down volume
3.97×
OBV (20d)
Rising
Chaikin MF (20)
0.47
VWAP 20d
₹1,950 (+17.04%)
VWAP 50d
₹1,855 (+23.06%)
Anchored VWAP · 52W low
₹1,689 (+35.19%)
Anchored VWAP · 52W high
₹2,237 (+2.04%)
Anchored VWAP · YTD
₹1,576 (+44.85%)
Avg turnover (20d)
₹51 Cr

VWAPs are computed from daily bars (typical price × volume), not intraday ticks.

💪 Relative strength

vs Nifty 1M
+51.81%
vs Nifty 3M
+37.39%
vs Nifty 6M
+136.63%
vs Nifty 1Y
+75.94%
RS rating
95.00
Mansfield RS
77.13
vs Metal index 3M
+32.36%
vs sector peers 3M
+38.00%

VENUSPIPES ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming. The RS line is at a 52-week high.

🧱 Support & resistance

Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.

LevelPriceDistanceTouches
Close₹2,283
Support₹1,875.00−17.9%1
Support₹1,709.20−25.1%3
Support₹1,511.71−33.8%6
Support₹1,262.00−44.7%12

52-week range: ₹890.00 – ₹2,309 (-1.13% from the high).

🌀 Fibonacci

Measuring the up-swing from ₹890.00 (2026-03-30) to ₹2,309.10 (2026-09-18). Price has retraced 1.9% of it.

RatioPriceDistance
23.6% retracement₹1,974.19-13.5% nearest
38.2% retracement₹1,767.00-22.6%
50.0% retracement₹1,599.55-29.9%
61.8% retracement₹1,432.10-37.3%
78.6% retracement₹1,193.69-47.7%
127.2% extension₹2,695.10+18.1%
161.8% extension₹3,186.10+39.6%
200.0% extension₹3,728.20+63.3%

🕯️ Candlesticks (last 5 sessions)

  • Doji 2026-09-16 neutral Weak · 20

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.

🏭 Metal peers by technical score
Stock Close Chg Score Trend regimeRS rating (1-99)
KAMDHENUKamdhenu Limited ₹41.05 +3.92% 94 Uptrend 93.00
IMPEXFERROImpex Ferro Tech Limited ₹5.58 +1.82% 91 Strong Uptrend 98.00
SUPREMEENGSupreme Engineering Limited ₹3.58 +1.99% 91 Strong Uptrend 99.00
GRAPHITEGraphite India Limited ₹830.85 +2.06% 85 Strong Uptrend 88.00
MAHSEAMLESMaharashtra Seamless Limited ₹717.55 -0.37% 84 Strong Uptrend 74.00
SAMBHVSambhv Steel Tubes Limited ₹147.57 +14.32% 83 Strong Uptrend 87.00
WENDTWendt (India) Limited ₹8,768 +0.03% 81 Strong Uptrend 68.00
GFSTEELSGrand Foundry Limited ₹25.44 +4.99% 80 Strong Uptrend 98.00
KIRLFERKirl. Ferrous ₹480.65 +1.33% 80 Strong Uptrend
MMPMMP Industries Limited ₹466.85 +0.25% 77 Strong Uptrend 95.00
🔗 More on VENUSPIPES

⚠️ 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.

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