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Ramgopal Polytex Limited

RAMGOPOLY.BO Technical Analysis Summary (BSE)

Analyze RAMGOPOLY.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RAMGOPOLY.BOBSE
IndustrialsManufacturing - Miscellaneous
34.15
0.69(1.98%)
Indian Market opens in 31h 42m

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RAMGOPOLY.BO Technical Analysis Summary (BSE)

Ramgopal Polytex Limited (BSE: RAMGOPOLY.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 68.32)
Trend Strength:Very Strong (ADX: 56.32)
Volatility:Medium (ATR: 1.12)
Support/Resistance:$21.21 – $42.17 (Bollinger Bands)

Technical conditions suggest Ramgopal Polytex Limited on the BSE is awaiting a decisive move. Technical conditions suggest Ramgopal Polytex Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 68.32

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 65.42

Bullish
Buying momentum building without extremes.

Williams %R: -45.88

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 23.51

Strongly Bullish
Strong upside momentum.

Takeaway:Ramgopal Polytex Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 4.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 56.32

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.12

Low
Low volatility, stable price action.

CCI (14): -19.93

Neutral
Neutral, no strong directional signal.

Takeaway:Ramgopal Polytex Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$42.17
Middle Band (SMA 20)
$31.69
Lower Band
$21.21
Current Position
Within Bands

Takeaway:Ramgopal Polytex Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$33.95
Middle Line (EMA 20)
$31.72
Lower Channel
$29.49
Squeeze Status
No Squeeze

Takeaway:Ramgopal Polytex Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume296.46K
Money Flow Index15.94Bullish, oversold conditions signal rebound potential.
Relative Vigor Index55.81Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RAMGOPOLY.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Ramgopal Polytex Limited (BSE: RAMGOPOLY.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Ramgopal Polytex Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: RAMGOPOLY.BO) Technical Analysis FAQ