June 23, 2025: Waaree Energies Share Price, a major player in the electric equipment sector, saw a marginal decline in share price today, closing at ₹2953.65, down 0.86% from the previous session. The stock fluctuated between ₹2932.20 and ₹3010, reflecting minor volatility within a broader upward trend.
The company, classified as a largecap on the BSE, has delivered an impressive 25.61% return over the last three months, despite slight short-term corrections.
🔍 Technical Snapshot
- Current Price: ₹2953.65
- Day’s Range: ₹2932.20 – ₹3010.00
- 52-Week Range: ₹1808.65 – ₹3740.75
- 1-Day Change: -0.86%
- 1-Month Change: -0.8%
- 3-Month Change: +25.61%
📊 Support & Resistance Levels
- Pivot Point: ₹2965.67
- Resistance Levels:
- R1: ₹2999.13
- R2: ₹3020.97
- R3: ₹3054.43
- Support Levels:
- S1: ₹2943.83
- S2: ₹2910.37
- S3: ₹2888.53
📈 Moving Averages Overview
| Duration | SMA | EMA |
|---|---|---|
| 5 Days | ₹2806.18 | ₹2827.88 |
| 10 Days | ₹2822.19 | ₹2826.67 |
| 20 Days | ₹2849.22 | ₹2824.42 |
| 50 Days | ₹2720.14 | ₹2728.26 |
| 100 Days | ₹2481.69 | ₹2678.27 |
| 200 Days | ₹2101.66 | Data NA |
The stock remains well above all key short- and long-term moving averages, indicating strong technical support and bullish momentum.
📌 Investor Insight
Waaree Energies continues to impress investors with strong quarterly performance, supported by growth in the renewable energy and power infrastructure segments. Despite today’s minor decline, the technical outlook and long-term trend remain solid.
As it approaches key resistance at ₹2999.13, a breakout could signal a fresh rally, while support at ₹2943.83 may provide a safety net for short-term corrections.