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VTM Limited (VTMLTD) — Technical Setup
₹39.65 -1.37% Weak Downtrend Normal Volatility Bearish
Summary
VTM Limited is in a weak downtrend on the daily chart. RSI(14) is 42.1, MACD is below its signal line, ADX reads 21. Volume in the latest session was 0.1× its 20-day average. Nearest support is ₹39.38 and resistance ₹50.00. Its technical score is 25/100 (bearish).
🧮 How the 25/100 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 (-5.33)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 up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (20.92)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (42.14)2/6
- MACD line above its signal line0/4
- MACD line above zero (-0.87)0/3
- 12-day rate of change positive (-8.05)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.08)5/5
- More volume on up days than down days (20 sessions) (1.91)5/5
- Close above 20-day VWAP (-10.96)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (8.09)0/6
- Price in the upper half of its Bollinger Bands (0.17)0/5
- Shallow drawdown from the 52-week high (-35.95)0/5
- Volatility contracting (20-day volatility below its 6-month median)0/4
- Room to the next resistance (≥8% scores full) (26.10)5/5
- Support close below (a tight, definable stop) (0.69)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-35.95)0/5
🧭 Regime: Weak Downtrend
Normal Volatility.
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 VTMLTD — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 42.14 | -0.19 |
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
VTMLTD ÷ 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 | ₹61.90 | +56.1% | 1 |
| Resistance | ₹50.00 | +26.1% | 1 |
| Close | ₹39.65 | — | |
| Support | ₹39.38 | −0.7% | 2 |
| Support | ₹30.30 | −23.6% | 1 |
52-week range: ₹30.30 – ₹61.90 (-35.95% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹61.90 (2026-08-31) to ₹30.30 (2026-10-08). Price has retraced 29.6% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹37.76 | -4.8% | nearest |
| 38.2% retracement | ₹42.37 | +6.9% | |
| 50.0% retracement | ₹46.10 | +16.3% | |
| 61.8% retracement | ₹49.83 | +25.7% | S/R confluence |
| 78.6% retracement | ₹55.14 | +39.1% | |
| 127.2% extension | ₹21.70 | -45.3% | |
| 161.8% extension | ₹10.77 | -72.8% |
Next Fibonacci time zone: 55 sessions from the swing start ≈ 2026-11-20 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Inverted Hammer 2026-11-12 bullish Moderate · 60
- Hammer 2026-11-05 bullish Strong · 70
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 VTMLTD 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.
