Weekly structural research · NSI · Basic Materials

GRWRHITECH Stage Analysis

Garware Hi-Tech Films Limited

Week ending 2 Oct 2026Close INR 6,925.50Tenure NewBenchmark ^NSEI

Screen this regime Supporting research Report data ↗

Executive diagnosis

What the Activity Line geometry says now

Structure, not prediction

Deceleration · Recompressing

The upward structure remains, but its energy is decelerating.

Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down.

The Trend gate is up within the current regime.
Fast Activity versus Slow Activity: weakening.
Activity structure: moderate and contracting.

Direction 37−100 bearish to +100 bullish

Energy 23/100directional strength

Maturity 74/100lifecycle context

Confidence 89/100evidence agreement

Trend gate Upstructural direction

Activity structure Moderatecontracting separation

Price acceptance +33.3%position within the Activity structure

Fair Value context +93.4%INR 3,581.04 · weakening

Trend Architecture map · Historical context

Weekly close, Activity, Trend and Fair Value

Follow price and Trend first, then add Activity Lines to inspect the structure. Subtle bands show the regime recognized at each completed observation; the dashed line marks current Fair Value, not a historical forecast.

CloseTrendCurrent Fair Value

Background stage key

BalanceDirection is contained.
Rotation UpStructure is turning higher.
Upward ExpansionUptrend is established.
DecelerationUptrend is losing energy.
Rotation DownStructure is turning lower.
Downward ExpansionDowntrend is established.

View chart values · 156 observations

Week	Close	Trend	Relative Strength	Volume	Regime	Direction	Energy
2026-10-02	6,925.50	5,849.67	54.04	218529	Deceleration	37	23
2026-09-25	6,640.00	5,753.87	45.67	336803	Deceleration	40	28
2026-09-18	6,724.50	5,673.01	48.61	203791	Upward Expansion	49	46
2026-09-11	6,908.92	5,588.55	54.72	398082	Upward Expansion	62	60
2026-09-04	7,073.62	5,499.08	57.70	177263	Upward Expansion	65	64
2026-08-28	7,211.37	5,405.23	61.94	88184	Upward Expansion	73	79
2026-08-21	7,110.56	5,265.28	62.37	20216	Upward Expansion	69	66
2026-08-14	7,075.62	5,126.11	63.85	42191	Upward Expansion	68	66
2026-08-07	6,973.00	4,986.11	63.28	167734	Upward Expansion	66	65
2026-07-31	7,151.50	4,855.03	71.67	42556	Upward Expansion	74	68
2026-07-24	6,903.00	4,722.33	73.09	32473	Upward Expansion	68	67
2026-07-17	6,970.50	4,596.76	73.56	44738	Upward Expansion	73	80
2026-07-10	6,968.00	4,476.16	77.27	66242	Upward Expansion	77	86
2026-07-03	6,875.00	4,366.88	77.49	63461	Upward Expansion	80	88
2026-06-26	6,688.50	4,261.20	76.90	0	Upward Expansion	79	89
2026-06-19	6,785.50	4,169.24	82.36	105921	Upward Expansion	89	94
2026-06-12	6,131.50	4,078.23	70.10	54031	Upward Expansion	79	91
2026-06-05	5,893.00	3,999.21	67.11	57041	Upward Expansion	76	91
2026-05-29	6,117.90	3,916.23	73.79	495713	Upward Expansion	91	96
2026-05-22	5,353.40	3,826.03	52.36	583229	Upward Expansion	81	90
2026-05-15	5,403.40	3,771.38	55.42	477664	Upward Expansion	89	89
2026-05-08	5,290.30	3,698.74	50.17	2314352	Upward Expansion	89	81
2026-05-01	3,999.00	3,620.45	15.67	367306	Balance	51	33
2026-04-24	4,035.90	3,590.74	17.79	456960	Balance	53	28
2026-04-17	3,985.60	3,556.77	14.62	329079	Balance	39	18
2026-04-10	3,730.30	3,536.81	9.09	199675	Balance	25	19
2026-04-03	3,703.40	3,522.80	15.30	202124	Balance	27	21
2026-03-27	3,385.60	3,493.08	5.57	289142	Upward Expansion	20	16
2026-03-20	3,650.80	3,469.82	12.10	190087	Upward Expansion	44	30
2026-03-13	3,824.90	3,447.13	16.93	186722	Upward Expansion	60	59
2026-03-06	4,051.50	3,411.75	17.17	206633	Upward Expansion	63	76
2026-02-27	4,214.20	3,382.02	18.02	221003	Upward Expansion	67	75
2026-02-20	4,190.70	3,351.99	15.53	255775	Upward Expansion	70	64
2026-02-13	4,224.70	3,334.40	16.60	388561	Rotation Up	61	44
2026-02-06	4,258.40	3,316.71	16.47	1448902	Rotation Up	32	14
2026-01-30	3,012.60	3,294.47	-16.14	160647	Rotation Down	-34	53
2026-01-23	2,935.70	3,327.82	-17.78	390638	Rotation Down	-40	59
2026-01-16	2,875.50	3,368.64	-21.99	181678	Rotation Down	-45	56
2026-01-09	3,040.70	3,406.60	-18.21	317172	Balance	-37	36
2026-01-02	3,170.40	3,447.32	-17.51	197850	Balance	-19	25
2025-12-26	3,135.90	3,490.32	-18.49	270282	Balance	-18	18
2025-12-19	3,352.50	3,541.79	-13.70	281319	Rotation Up	6	11
2025-12-12	3,689.60	3,570.07	-6.31	210500	Rotation Up	31	39
2025-12-05	3,704.70	3,580.16	-7.16	201246	Rotation Up	24	49
2025-11-28	3,929.50	3,562.95	-2.32	318463	Rotation Up	33	57
2025-11-21	4,055.20	3,538.04	0.65	678464	Rotation Up	41	57
2025-11-14	3,760.90	3,513.30	-6.56	517057	Balance	30	33
2025-11-07	3,403.80	3,493.34	-14.43	125752	Balance	-8	19
2025-10-31	3,411.80	3,467.90	-15.32	324264	Balance	-11	14
2025-10-24	3,714.00	3,443.41	-8.46	1154058	Downward Expansion	-10	11
2025-10-17	3,224.00	3,450.64	-20.29	360377	Downward Expansion	-42	30
2025-10-10	2,941.80	3,482.27	-26.37	158161	Downward Expansion	-52	32
2025-10-03	3,107.50	3,512.37	-21.35	136009	Downward Expansion	-40	25
2025-09-26	3,016.90	3,548.76	-23.14	176254	Downward Expansion	-49	31
2025-09-19	3,386.90	3,573.45	-16.15	225714	Downward Expansion	-50	39
2025-09-12	3,309.88	3,600.31	-17.28	707449	Downward Expansion	-65	62
2025-09-05	2,811.73	3,619.12	-28.63	198911	Downward Expansion	-70	86
2025-08-29	2,687.86	3,637.79	-31.08	243050	Downward Expansion	-82	91
2025-08-22	2,970.17	3,668.83	-25.38	667629	Downward Expansion	-73	83
2025-08-15	2,763.59	3,696.84	-30.02	400722	Rotation Down	-88	84
2025-08-08	3,159.60	3,743.01	-19.29	240085	Rotation Down	-47	56
2025-08-01	3,313.06	3,780.06	-16.07	230753	Balance	-41	36
2025-07-25	3,663.04	3,839.11	-7.85	137836	Balance	-15	22
2025-07-18	3,693.93	3,889.88	-7.01	172913	Balance	-11	17
2025-07-11	3,591.29	3,932.87	-9.63	269746	Balance	-10	14
2025-07-04	4,013.31	3,981.77	0.38	130824	Balance	13	14
2025-06-27	4,160.19	4,012.74	4.02	197854	Rotation Up	18	23
2025-06-20	4,014.40	4,038.06	3.30	156834	Rotation Up	23	44
2025-06-13	4,262.23	4,061.00	12.48	152378	Rotation Up	25	51
2025-06-06	4,460.24	4,060.95	17.55	195696	Rotation Up	30	44
2025-05-30	4,680.06	4,044.88	26.04	315473	Downward Expansion	37	36
2025-05-23	4,200.85	4,023.40	14.27	521375	Downward Expansion	-7	14
2025-05-16	3,992.48	4,001.25	9.27	679956	Downward Expansion	-25	16
2025-05-09	3,188.30	4,001.71	-8.02	334769	Downward Expansion	-54	37
2025-05-02	3,182.22	4,022.48	-8.75	136265	Downward Expansion	-58	60
2025-04-25	3,313.06	4,042.37	-3.11	449591	Downward Expansion	-60	70
2025-04-18	3,162.09	4,050.57	-6.03	522343	Downward Expansion	-61	70
2025-04-11	2,640.48	4,053.09	-17.38	730713	Downward Expansion	-78	73
2025-04-04	2,677.00	4,073.07	-16.07	1701896	Balance	-78	54
2025-03-28	3,930.94	4,096.23	20.64	463222	Balance	-9	7
2025-03-21	4,173.09	4,074.39	30.62	667463	Balance	-7	6
2025-03-14	3,844.70	4,046.34	27.23	409734	Balance	-3	5
2025-03-07	4,199.30	4,025.17	39.95	729767	Rotation Down	-1	5
2025-02-28	3,757.60	3,990.90	29.68	391138	Rotation Down	-22	23
2025-02-21	4,192.53	3,948.91	42.19	567862	Rotation Down	-20	29
2025-02-14	3,874.19	3,890.38	32.37	1242283	Rotation Down	-24	36
2025-02-07	3,372.01	3,836.13	13.45	1020811	Deceleration	-36	43
2025-01-31	3,618.94	3,798.75	23.04	626710	Deceleration	-12	31
2025-01-24	3,810.42	3,762.28	33.56	302909	Deceleration	10	21
2025-01-17	4,148.68	3,713.30	46.73	418634	Upward Expansion	40	26
2025-01-10	4,271.15	3,641.05	52.04	597902	Upward Expansion	52	42
2025-01-03	5,084.49	3,570.83	79.78	228093	Upward Expansion	67	61
2024-12-27	5,186.14	3,469.90	89.43	315723	Upward Expansion	74	66
2024-12-20	4,983.65	3,356.77	88.63	279121	Upward Expansion	69	79
2024-12-13	5,058.24	3,245.20	87.13	462435	Upward Expansion	77	88
2024-12-06	4,942.54	3,131.71	88.19	260652	Upward Expansion	79	88
2024-11-29	4,919.77	3,020.88	96.29	367790	Upward Expansion	84	87
2024-11-22	4,702.63	2,915.69	94.23	717469	Upward Expansion	84	72
2024-11-15	4,260.84	2,816.95	83.19	681103	Upward Expansion	75	58
2024-11-08	3,977.88	2,731.02	70.28	268641	Upward Expansion	69	57
2024-11-01	4,035.93	2,656.48	74.90	250276	Upward Expansion	73	57
2024-10-25	3,536.33	2,581.82	56.89	371406	Upward Expansion	63	57
2024-10-18	4,006.18	2,521.84	75.52	364729	Upward Expansion	77	72
2024-10-11	3,811.46	2,447.06	69.44	383924	Upward Expansion	75	64
2024-10-04	3,778.73	2,374.50	70.41	585322	Upward Expansion	79	65
2024-09-27	3,559.05	2,307.03	55.84	528940	Upward Expansion	76	63
2024-09-20	3,237.73	2,251.99	45.90	297326	Upward Expansion	64	59
2024-09-13	3,240.09	2,214.82	50.59	339129	Upward Expansion	67	69
2024-09-06	3,371.57	2,174.16	62.33	631815	Upward Expansion	73	87
2024-08-30	3,275.75	2,126.17	57.79	686262	Upward Expansion	73	89
2024-08-23	3,331.58	2,069.93	65.74	359667	Upward Expansion	82	91
2024-08-16	3,209.69	2,013.59	64.46	423560	Upward Expansion	85	88
2024-08-09	3,171.09	1,961.82	67.03	1369354	Upward Expansion	89	69
2024-08-02	2,498.04	1,910.61	32.38	381595	Upward Expansion	70	53
2024-07-26	2,436.60	1,873.24	30.25	427506	Upward Expansion	69	56
2024-07-19	2,246.60	1,838.45	23.12	387269	Upward Expansion	62	68
2024-07-12	2,250.68	1,807.42	25.03	390509	Upward Expansion	64	75
2024-07-05	2,524.82	1,777.78	43.05	885526	Upward Expansion	88	90
2024-06-28	2,340.93	1,740.64	36.48	866261	Upward Expansion	82	83
2024-06-21	1,981.36	1,709.24	19.70	459921	Upward Expansion	57	67
2024-06-14	2,164.45	1,689.32	32.35	283228	Deceleration	75	70
2024-06-07	2,056.71	1,664.64	28.53	371056	Deceleration	59	40
2024-05-31	1,792.26	1,642.20	17.27	498798	Deceleration	20	13
2024-05-24	1,636.34	1,631.42	6.23	85994	Deceleration	4	18
2024-05-17	1,653.67	1,624.01	10.85	77594	Deceleration	8	10
2024-05-10	1,617.61	1,615.42	11.71	312336	Deceleration	5	8
2024-05-03	1,764.14	1,611.90	20.99	86316	Deceleration	21	10
2024-04-26	1,740.35	1,604.18	21.34	106370	Deceleration	20	10
2024-04-19	1,682.93	1,594.59	20.50	65397	Deceleration	30	14
2024-04-12	1,741.74	1,580.10	24.32	77904	Deceleration	32	17
2024-04-05	1,795.98	1,563.38	30.12	139937	Deceleration	31	20
2024-03-29	1,737.02	1,548.12	28.90	130538	Deceleration	33	23
2024-03-22	1,762.75	1,530.87	34.22	142266	Upward Expansion	38	21
2024-03-15	1,634.60	1,509.88	26.86	216453	Upward Expansion	47	36
2024-03-08	1,754.75	1,485.53	35.24	162057	Upward Expansion	62	55
2024-03-01	1,907.89	1,458.50	50.24	167365	Upward Expansion	66	80
2024-02-23	2,122.62	1,426.30	71.08	177211	Upward Expansion	87	92
2024-02-16	2,020.15	1,387.62	67.60	342174	Upward Expansion	87	88
2024-02-09	1,931.88	1,349.25	65.49	601313	Upward Expansion	88	87
2024-02-02	1,588.80	1,313.98	38.32	131661	Upward Expansion	63	74
2024-01-26	1,641.35	1,290.26	48.33	87137	Upward Expansion	71	77
2024-01-19	1,656.60	1,264.54	50.19	81821	Upward Expansion	77	71
2024-01-12	1,634.65	1,237.81	48.71	341412	Deceleration	73	42
2024-01-05	1,377.10	1,209.03	28.28	73003	Deceleration	22	12
2023-12-29	1,392.70	1,189.64	31.02	85708	Deceleration	24	14
2023-12-22	1,315.85	1,168.73	27.42	92644	Deceleration	32	18
2023-12-15	1,361.35	1,146.50	32.57	103120	Deceleration	36	24
2023-12-08	1,410.68	1,122.35	42.03	101340	Deceleration	40	29
2023-12-01	1,399.01	1,095.26	47.51	76168	Deceleration	41	30
2023-11-24	1,383.71	1,067.72	51.33	71240	Deceleration	43	34
2023-11-17	1,423.94	1,039.70	58.44	88044	Upward Expansion	46	38
2023-11-10	1,383.61	1,010.94	58.68	426349	Upward Expansion	49	42
2023-11-03	1,468.74	982.87	72.39	92342	Upward Expansion	66	58
2023-10-27	1,414.01	951.69	70.37	181573	Upward Expansion	64	63
2023-10-20	1,396.12	921.85	66.62	225488	Upward Expansion	66	66
2023-10-13	1,512.01	893.10	81.29	445115	Upward Expansion	78	71

Price vs TrendAbove+18.4%

Trend directionRising+23.9%

Price vs current Fair ValuePremium+93.4%

Fair Value directionMoving away-28.8%

Relative Strength vs benchmarkLeading+54.0%

Relative strength directionWeakening-23.5%

Price momentumPositive+87.0%

Volume balanceSupply-led0.40×

Beyond the current label

Is the structure strengthening or losing force?

Direction and energy measure different things

Direction shows the upward or downward lean. Energy shows the force behind the structural move: high energy can accompany a strong decline as well as an advance.

Direction

37 / ±100

-28.3 points since 2026-09-04

Energy

23 /100

-40.9 points since 2026-09-04

Recent change compares the latest reading with four observations earlier. Missing readings remain unavailable. Use the chart values above to inspect individual observations.

GRWRHITECH Directional State ↗ GRWRHITECH Momentum Intelligence ↗

Comparative structural evidence

Why this architecture regime won

Every regime is evaluated

Balance35

Rotation Up26

Upward Expansion59

Deceleration88

Rotation Down28

Downward Expansion21

The winning regime is the state most consistent with the complete SM evidence set. Direction, energy, maturity and confidence describe different aspects of the current structure, while contradictory evidence remains visible rather than being averaged into false certainty.

Time spent in each state

The context behind today’s regime

2023-10-13 to 2026-10-02 · 156 classified observations out of 156 shown.

Balance 13%Rotation Up 7%Upward Expansion 47%Deceleration 16%Rotation Down 6%Downward Expansion 12%

Recent Trend Architecture ledger

Regime	Recognized	Last observation	Tenure	Move inside regime
Deceleration	2026-09-25	2026-10-02	New	+4.3%
Upward Expansion	2026-05-08	2026-09-18	Established	+27.1%
Balance	2026-04-03	2026-05-01	Developing	+8.0%
Upward Expansion	2026-02-20	2026-03-27	Developing	-19.2%
Rotation Up	2026-02-06	2026-02-13	New	-0.8%
Rotation Down	2026-01-16	2026-01-30	New	+4.8%
Balance	2025-12-26	2026-01-09	New	-3.0%
Rotation Up	2025-11-21	2025-12-19	Developing	-17.3%
Balance	2025-10-31	2025-11-14	New	+10.2%
Downward Expansion	2025-08-22	2025-10-24	Developing	+25.0%
Rotation Down	2025-08-08	2025-08-15	New	-12.5%
Balance	2025-07-04	2025-08-01	Developing	-17.4%
Rotation Up	2025-06-06	2025-06-27	New	-6.7%
Downward Expansion	2025-04-11	2025-05-30	Developing	+77.2%

Classic Stage Analysis comparison

Stage 1 · Basing0

Stage 2 · Advancing100

Stage 3 · Distribution75

Stage 4 · Declining0

Legacy result: Stage 2 · Stage 2B · Advancing. It remains visible while the experimental architecture is validated rather than being silently discarded.

Leadership versus ^NSEI

Is relative performance confirming the geometry?

Confirmation, not classification

Relative Strength

The security is compared with its market benchmark on the SM scale. Above zero indicates relative leadership; direction shows whether that leadership is improving or weakening.

Confirmation evidence

Leading benchmark

Architecture confirmation: 72/100
Current Relative Strength: 54.04
Relative Strength direction: Weakening
Price momentum: +87.0%
Excess performance vs benchmark: +88.3%
Basic Materials regime cohort: 75th percentile51 in cohort

Test GRWRHITECH trend persistence

Participation and structure

Is demand confirming the architecture?

Volume cannot overrule geometry

Relative volume1.37×

Latest completed volume relative to typical participation.

Up/down volume0.40×

Participation balance between advancing and declining observations.

Accumulation / distribution1 / 5

Recent participation evidence classified by demand and supply.

Activity alignment+75.0%

Current positive alignment across Activity and Trend.

Fast/slow rotationWeakening

Current relationship between Fast Activity and Slow Activity.

Structure stability+12.5%

Whether recent Activity evidence is stable or remains in balance.

Weekly volume with architecture context

Bars show completed weekly volume; the dashed line provides typical-volume context. Both measures use the same scale.

Explore GRWRHITECH Volume & Price ↗

Decision architecture

References that would change the structural read

Evidence levels, not orders

Fast Activity INR 6,816.83falling

Slow Activity INR 6,523.08rising

Trend Reference INR 5,849.67+18.4% close margin

Current Fair Value INR 3,581.04+93.4% close margin

Structural low INR 3,571.00shock / repair context

What changes the read?

Renewed positive order and expanding width produce re-acceleration; fast/slow failure with downside acceptance produces Rotation Down.

Range context +5.5%

Annualized volatility +46.2%

From structural high -7.4%

From structural low +157.4%

Point-in-time evidence

What followed this architecture in this market?

Descriptive history, never a forecast

Historical comparisons use only the structural read that would have been available at each completed observation. Independent observations are used where possible, with benchmark comparison beginning after each recognized state.

Outcome horizon	Samples	Median move	Positive periods	Directional follow-through	Median excess vs ^NSEI	Regime survived	Read
Near term	6	+5.1%-6.0% to +25.9%	+66.7%	+66.7%	+5.5%	+50.0%	Usable descriptive sample
Intermediate	3	+34.8%-13.1% to +53.4%	+66.7%	+66.7%	+27.2%	+0.0%	Too little matched history
Extended	3	+18.3%-3.9% to +187.4%	+66.7%	+66.7%	+2.3%	+33.3%	Too little matched history
Full cycle	2	+108.5%-23.0% to +239.9%	+50.0%	+50.0%	+93.8%	+0.0%	Too little matched history

Evidence framework

What the analysis measures and where its limits lie

Trend Architecture

Trend Architecture brings Price, Fast Activity, Slow Activity and Trend into one structural read. It identifies balance, rotation, expansion, deceleration and contraction while requiring persistent evidence for confirmed regime changes.

Evidence roles

Trend, Activity, relative strength, volume and Fair Value each have a defined role in the SM evidence framework. No single reading is treated as sufficient on its own, and conflicting evidence remains visible.

Fair Value and RS

Current Fair Value provides a long-term price anchor and shows whether price is trading above, below or repairing toward that reference. Relative Strength compares the security with its benchmark and shows whether leadership is improving or weakening.

Known limitations

Weekly structure recognizes conditions after they develop. Event gaps can bypass smooth transitions, sideways markets can rotate repeatedly, and historical samples for a particular regime can be thin.

Independent market research for education. Not investment advice, a recommendation, a forecast, a target, or an execution instruction. Historical regime behaviour does not establish what happens next.

GRWRHITECH Stage Analysis

What the Activity Line geometry says now

The upward structure remains, but its energy is decelerating.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength

Leading benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Send a message

Evidence context

What the Activity Line geometry says now

The upward structure remains, but its energy is decelerating.

Weekly close, Activity, Trend and Fair Value

Is the structure strengthening or losing force?

Direction

Energy

Why this architecture regime won

The context behind today’s regime

Is relative performance confirming the geometry?

Relative Strength ?

Leading benchmark

Is demand confirming the architecture?

Weekly volume with architecture context

References that would change the structural read

What followed this architecture in this market?

Test the structure from another angle

Trend Persistence ↗

Directional State ↗

Momentum Intelligence ↗

Similar Charts ↗

RMI Reversal Map ↗

What the analysis measures and where its limits lie

Trend Architecture

Evidence roles

Fair Value and RS

Known limitations

Relative Strength

Trend Persistence

Directional State

Momentum Intelligence

Similar Charts

RMI Reversal Map