Purple Wave Infocom Technical Analysis

Purple Wave Infocom Ltd Technical Analysis

Purple Wave Infocom Ltd technical analysis is gaining attention among traders and investors tracking Purple Wave Infocom Ltd Technical Analysis trends in the Indian stock market. Purple Wave Infocom Ltd (NSE: , BSE: 544627) is currently trading at ₹123, showing a -7.52% move as of Fri, May 08, 2026.

This detailed Purple Wave Infocom Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Purple Wave Infocom Ltd Stock Overview

Purple Wave Infocom Ltd operates in the Technology services sector under the Packaged software industry. With a market capitalization of ₹1.24B and a PE ratio of 0, Purple Wave Infocom Ltd remains a key stock to watch in Purple Wave Infocom Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹1.24B
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Technology services
• Industry: Packaged software

These fundamentals play an important role in Purple Wave Infocom Ltd technical analysis and valuation tracking.

Purple Wave Infocom Ltd Support and Resistance Levels

Classic Pivot Levels

In Purple Wave Infocom Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 213.32
• Resistance 2: 169.32
• Resistance 1: 147.63
• Pivot Point: 125.32
• Support 1: 103.63
• Support 2: 81.32
• Support 3: 37.32

Conditional Insight

Purple Wave Infocom Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 103.63 and 81.32.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Purple Wave Infocom Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 169.32
• Fibonacci R2: 152.51
• Fibonacci R1: 142.12
• Fibonacci Pivot: 125.32
• Fibonacci S1: 108.51
• Fibonacci S2: 98.12
• Fibonacci S3: 81.32

Purple Wave Infocom Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Purple Wave Infocom Ltd Moving Average Analysis

Moving averages are key indicators in Purple Wave Infocom Ltd technical analysis for identifying trend direction.

• 10 EMA: 124.85
• 20 EMA: 122.62
• 30 EMA: 120.99
• 50 EMA: 119.36
• 100 EMA: -
• 200 EMA: -

Trend Logic

Purple Wave Infocom Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Purple Wave Infocom Ltd technical analysis remains positive above 200 EMA.

Purple Wave Infocom Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 54.85
• MACD: 2.87
• Signal: 2.87
• ADX: 26.67
• Momentum: 1

RSI Logic

Purple Wave Infocom Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Purple Wave Infocom Ltd technical analysis indicates bearish momentum with MACD below signal line.

Purple Wave Infocom Ltd Overall Recommendation

• Overall Recommendation Score: 0.59
• Moving Average Recommendation: 0.91
• Other Indicators Recommendation: 0.27

Overall Purple Wave Infocom Ltd technical analysis sentiment remains neutral with mixed signals.

Purple Wave Infocom Ltd Technical Analysis Conclusion

Purple Wave Infocom Ltd technical analysis suggests that traders should closely monitor price action around ₹123 and key pivot level 125.32. Breakouts above resistance or breakdown below support will define the next trend in Purple Wave Infocom Ltd technical analysis.

Investors searching for Purple Wave Infocom Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Purple Wave Infocom Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.