Analyzing Stock...
Downloading quotes and generating insights. Please wait.
₹2987.6
+19.2 (+0.65%)
⚠️ NOT A TRADE RECOMMENDATION: These stock metrics and intraday signals are algorithmically generated based on quantitative characteristics that may be relevant to trading. Inclusion or analysis does not mean BUY, SELL or HOLD. This drilldown is a starting point for independent research, not a prediction of future price movement. Markets involve substantial risk, and you may lose some or all of your trading capital.

📊 Technical Price Chart

✨ Multi-Timeframe Trading Setup & Insights

Engine: Gemini (gemini-flash-lite-latest)

Market Analysis Summary:

"Azad Engineering (AZAD) exhibits strong bullish momentum supported by robust technical indicators, sustained above key short and long-term EMAs, and a healthy Supertrend level. Recent positive news catalysts, including a ₹52.68 crore BHEL contract and favorable analyst targets (Goldman Sachs), reinforce confidence across swing and long-term horizons despite minor underperformance relative to Nifty today."

Intraday (1 Day) BUY
Conviction: 7/10
Rationale: Using intraday checkpoints: Revalidated using checkpoints up to 15:00. The stock showed an afternoon recovery, closing positively above VWAP with buying interest returning in the final hours.
Entry: ₹2980 - ₹2990
SL: ₹2945
Target: ₹3030
Swing (1-6 Mo) BUY
Conviction: 8/10
Rationale: Strong alignment of moving averages, positive MACD crossover, and continuous contract wins from major public sector entities like BHEL provide a solid foundation for a 1-6 month upward swing.
Entry: ₹2850 - ₹2900
SL: ₹2720
Target: ₹3120
Long Term (1+ Yr) BUY
Conviction: 9/10
Rationale: Positioned well in the high-growth aerospace and precision engineering sector with strong institutional backing, high share price targets, and robust long-term earnings catalysts.
Entry: Accumulate on dips near ₹2700 - ₹2800
SL: ₹2250
Target: ₹3500+

Technical Analysis & Overview:

  • Price is trading above VWAP (₹2974.49) and firmly above key moving averages including the 9D (₹2934.27), 20D (₹2873.89), and 50D (₹2736.53) EMAs. The Supertrend (₹2627.85) remains bullish, and the price is comfortably positioned within the upper half of the Bollinger Bands.
  • RSI(14) at 60.72 indicates healthy bullish momentum without being overbought. MACD shows a positive histogram (9.16) with the MACD line above the signal line, confirming ongoing upside momentum.

News & Sentiment Impact:

Recent corporate developments, specifically securing a ₹52.68 crore BHEL contract and receiving high price targets from premier institutions like Goldman Sachs, highlight strong order book visibility and fundamental tailwinds in the aerospace and defense manufacturing sector, bolstering mid-to-long term bullish sentiment.

⚡ Intraday Live Validation WATCHING

Entry Decision
⛔ AVOID
Position Health
⚠️ AT RISK (Tighten SL)
Session VWAP ₹2974.49
Peak Drawdown from High -1.38%
Intraday 5m EMA9 / EMA20 ₹2982.94 / ₹2977.05
Audit Reason: MOMENTUM_PULLBACK (-1.4% off high / Below 5m EMA9 Rs.2982.94)

⏱️ Intraday Checkpoints Timeline

09:30 +0.22% (3.41x) 🟢 BUY ⚠️ RISK
10:00 +0.26% (2.13x) 🟢 BUY ⚠️ RISK
10:30 -0.22% (1.39x) 🟢 BUY ⚠️ RISK
11:00 -0.39% (1.10x) 🟢 BUY ⚠️ RISK
11:30 -0.66% (0.94x) 🟢 BUY ⚠️ RISK
12:00 -0.15% (0.81x) 🟢 BUY ⚠️ RISK
12:30 -0.32% (0.72x) 🟢 BUY ⚠️ RISK
13:00 -0.49% (0.64x) 🟢 BUY ⚠️ RISK
13:30 -0.52% (0.59x) 🟢 BUY ⚠️ RISK
14:00 -0.08% (0.56x) 🟢 BUY ⚠️ RISK
14:30 +0.22% (0.54x) ⛔ AVOID ⚠️ RISK
15:00 +0.51% (0.57x) ⛔ AVOID ⚠️ RISK

📊 Price Action Metrics

Open Price ₹3021.1
Day's High ₹3029.3
Day's Low ₹2945.0
VWAP ₹2974.49
Distance from Day's High 1.38%
Distance from Day's Low 1.45%
52-Week High ₹3127.9
52-Week Low ₹1360.0

📈 Volume & Participation

Current Volume 678591
20-Day Avg Volume 1071635.7
Relative Volume (RVOL) 0.63x
Nifty 50 Change 1.6%
Relative Strength vs. Nifty -0.96%

🎯 Comprehensive Technical Indicators Matrix Multi-Period SMAs, EMAs, Oscillators, Bands & Real-Time Verdicts

Indicator & Parameters Calculated Value(s) & Multi-Period Signals Verdict & Bias
RSI (14) 60.72 Bullish (55–70)
Average True Range (ATR 14) ₹140.79 (4.71% of Price) High Volatility (Breakout Ready)
Stochastics (14, 3) %K: 69.11 %D: 62.37 Bullish (%K > %D)
StochRSI (14) %K: 58.65 %D: 54.03 Bullish (%K > %D)
ADX (14) & DMI ADX: 24.42 +DI: 28.31 -DI: 16.92 Neutral / Non-Trending
Ultimate Oscillator (UO) 52.75 Bullish
Rate of Change (ROC 12) & Momentum ROC: 11.48% Momentum (10D): ₹262.6 Bullish (+ROC)
Williams %R (14) -30.89 Bullish
MACD (12, 26, 9) MACD: 68.74 Signal: 59.58 Histogram: 9.16 Bullish (Line > Signal)
Supertrend (10, 3) ₹2627.85 (Bullish) Bullish Trend
Bollinger Bands (20, 2) Upper: ₹3114.09 Mid: ₹2829.52 Lower: ₹2544.95 Bullish (Above Mid)
Parabolic SAR ₹2721.01 Bullish (Price > SAR)
Commodity Channel Index (CCI 20) 86.67 Neutral
Simple Moving Averages (SMAs) 20D: ₹2829.52 34D: ₹2824.33 50D: ₹2759.44 89D: ₹2528.46 200D: ₹2091.04 Bullish (Price > 20D > 50D)
Exponential Moving Averages (EMAs) 9D: ₹2934.27 20D: ₹2873.89 34D: ₹2810.46 50D: ₹2736.53 89D: ₹2566.73 200D: ₹2250.32 Bullish Stack (Price > 9D > 20D)
TRIX (15) 0.2846% Bullish (>0)

📰 Latest Google News & Corporate Updates

Azad Engineering Gets ₹52.68 Crore BHEL Contract; Shares Trade Higher - HDFC Sky
Publisher: HDFC Sky | Published: Tue, 13 Oct 2026 05:28:40
Azad Engineering (NSEI:AZAD) Stock Forecast & Analyst Predictions - Simply Wall Street
Publisher: Simply Wall Street | Published: Mon, 05 Oct 2026 07:00:00
Azad Engineering shares rise 2% on Rs 53 crore BHEL contract; stock up 84% in 2026 - Business Today
Publisher: Business Today | Published: Tue, 13 Oct 2026 04:16:33

📚 Technical Indicator & Strategy Definitions

SMAs (Simple Moving Averages): Arithmetic mean of closing prices over multiple trading periods (20D, 34D, 50D, 89D, 200D). Price trading above the 200-day SMA indicates a long-term secular bull trend, while 20D/50D track short-to-medium term institutional support levels.
EMAs (Exponential Moving Averages): Weighted moving averages placing greater priority on recent price bars (9D, 20D, 34D, 50D, 89D, 200D). A progressive stack (EMA 9 > 20 > 50) confirms robust upward momentum and provides dynamic support during pullbacks.
ADX (Average Directional Index - 14) & DMI: Measures trend strength regardless of direction. An ADX value ≥ 25 confirms a strong trending market. Directional Movement (+DI / -DI) indicates which side is in control: +DI > -DI is bullish (buyers dominant), whereas -DI > +DI indicates bearish seller control.
VWAP (Volume Weighted Average Price): The average price weighted by intraday volume. Used as a benchmark by institutional participants; price trading above VWAP indicates intraday buyer control, while trading below VWAP indicates intraday seller pressure.
RSI (Relative Strength Index - 14) & StochRSI: Momentum oscillator measuring speed and magnitude of price movements (0–100). RSI > 70 is overbought; RSI < 30 is oversold; 50–60 signals bullish continuation. StochRSI applies stochastics to RSI to generate early inflection signals for trend shifts.
MACD (Moving Average Convergence Divergence): Trend-following momentum indicator displaying the spread between the 12 and 26-period EMAs against a 9-period signal line. MACD crossing above Signal is bullish; rising histogram bars signal accelerating upward momentum.
RVOL (Relative Volume Ratio): Compares current session volume against the 20-day historical average. RVOL ≥ 2.0x signals abnormal institutional participation, confirming the validity of breakouts and trend expansions.
Bollinger Bands (20, 2): Statistical volatility bands set ±2 standard deviations around a 20-period SMA. Contracting bandwidth ('squeeze') signals an impending explosive breakout, while price walking the upper band confirms aggressive trend expansion.
ATR (Average True Range - 14): Quantifies absolute market volatility in rupee terms over a 14-period lookback. Essential for setting volatility-adjusted trailing stop-losses, target sizing, and detecting range expansions.
Supertrend (10, 3): Volatility-based trend-following indicator calculated with ATR. Provides clear Bullish (green trailing line below price) or Bearish (red line above price) regimes to manage active trade trailing stops.
Stochastic Oscillator (%K, %D): Locates current closing price relative to the 14-period high-low range. Fast line (%K) crossing above smooth line (%D) in oversold territory (<20) confirms a buy reversal signal; crosses above 80 warn of overbought conditions.
CCI (Commodity Channel Index - 20): Measures price variation relative to its statistical average. CCI crossing above +100 signals strong uptrend breakout; crossing below -100 indicates deep downward momentum; zero-line cross marks cycle shifts.
Parabolic SAR (Stop and Reverse): Trailing stop overlay that follows price acceleration. When dots plot below price, the trend is bullish; a flip above price triggers trailing stop protection.
Williams %R (14) & TRIX (15): Williams %R reflects momentum relative to lookback highs (-20 to 0 overbought, -80 to -100 oversold). TRIX is a triple-smoothed EMA rate-of-change oscillator filtering noise to capture major cyclical momentum waves.
Relative Strength (vs. Nifty): Measures the percentage outperformance or underperformance against the benchmark Nifty 50 Index. Positive values identify leading stocks commanding institutional capital flow.
Intraday Regime & Permission Gates: 4-gate hierarchical risk firewall evaluating intraday structure, volume effort vs result at day highs, ATR peak drawdown, and VWAP integrity to prevent buying into collapsing peaks.
Opportunity Score (0 – 100) & Risk Score (0 – 100): Dual independent quantitative ratings: Opportunity Score (≥75 top-tier setup) evaluates momentum, volume, pattern, sector tailwinds, and RS. Risk Score (<50 preferred) evaluates drawdown history, resistance proximity, and volatility.
Setup Archetypes: Algorithmic classification: Breakout Candidate (near 20D/52W high with expansion), Pullback Continuation (EMA20 retest in uptrend), Momentum Continuation (high RS5D + ATR expansion), and Reversal Candidate (extended mean-reversion).