Hazoor Multi Projects Share Price Target 2025: Technicals Signal Buy Amid Mid‑Recovery
Hazoor Multi Projects Ltd (BSE: 532467 / NSE: HAZOOR) is trading around ₹44.43, gaining ~1.4% today. Technical platforms like Investing.com show “Strong Buy” on daily, weekly, and monthly frames, driven by positive moving averages and oscillator signals. Key support stands at ₹44.00, with potential upside forecasts ranging from ₹55–₹56 by late 2025*. A sustained hold above support may pave the path to recovery.
1. Technical Overview (As of Today)
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Price: ₹44.43 (+1.44%)
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Technical Rating: Daily/weekly/monthly all indicate Strong Buy, with favorable MA and oscillators mix
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MACD: Positive crossover signal
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RSI (14): ~54 — neutral-to-positive momentum
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Stochastic RSI / CCI: Mixed — some overbought flags but no clear reversal signal yet
A recent pivot‑top sell signal suggests moderate pullback risk, though price remains above multi-timeframe support.
2. Support & Resistance Levels
Level | Zone (₹) | Notes |
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Support 1 | ₹44.00 | Accumulated volume pivot & base level |
Support 2 | ₹42.34 | Additional MA-based technical buffer |
Resistance 1 | ₹46.80–₹47.00 | Near-term Hess resistance zone from pivots |
Upside Target | ₹55–₹56 | WalletInvestor’s 1-year technical forecast |
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Base‑case: ₹46–₹48 — if price holds above ₹44 and continues upward
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Target Range: ₹55–₹56 — aligns with technical forecast modeling
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Bear‑case Risk: Drop below ₹44 support could expose a slide toward ₹42–₹43
4. Risks & Technical Watchpoints
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Pivot‑top sell signal issued on July 7 suggests short-term caution
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Recent decline in volume amid gains could hint at weakening momentum
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Stock trades at a ~54% discount to its fair intrinsic value estimate (~₹95.86), offering some value buffer if recovery plays out
5. Tactical Strategy
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Entry Zone: ₹44.00–₹44.50 (near pivot support)
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Stop‑Loss: ₹43.80–₹43.90 (just below support shelf)
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Targets: First: ₹48; then stretch toward ₹55–₹56
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Confirmation: Volume on rebound and MACD histogram staying positive are key triggers