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Shalimar Wires Industries Limited

SHALIWIR.BO Technical Analysis Summary (BSE)

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

SHALIWIR.BO●BSE
Basic MaterialsPaper, Lumber & Forest Products
₹19.50
₹0.02(0.10%)
Indian Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHALIWIR.BO Technical Analysis Summary (BSE)

Shalimar Wires Industries Limited (BSE: SHALIWIR.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.87)
Trend Strength:Moderate (ADX: 22.41)
Volatility:High (ATR: 1.28)
Support/Resistance:$17.96 – $19.91 (Bollinger Bands)

Technical conditions suggest Shalimar Wires Industries Limited on the BSE is awaiting a decisive move. Technical conditions suggest Shalimar Wires Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.87

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 34.31

Bearish
Momentum remains weak below midpoint.

Williams %R: -54.55

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.72

Bullish
Steady upward momentum.

Takeaway:Shalimar Wires Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 22.41

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.28

Low
Low volatility, stable price action.

CCI (14): 66.28

Bullish
Bullish, momentum building upward.

Takeaway:Shalimar Wires Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.91
Middle Band (SMA 20)
$18.94
Lower Band
$17.96
Current Position
Within Bands

Takeaway:Shalimar Wires Industries Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$21.61
Middle Line (EMA 20)
$19.05
Lower Channel
$16.49
Squeeze Status
Squeeze On

Takeaway:Shalimar Wires Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume60.19K
Money Flow Index75.72Bullish, inflows support continued momentum.
Relative Vigor Index42.88Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shalimar Wires Industries Limited (BSE: SHALIWIR.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

RVI below 50 → vigor tilted toward sellers.

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

(BSE: SHALIWIR.BO) Technical Analysis FAQ