Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Amarjothi Spinning Mills Limited

AMARJOTHI.BO Technical Analysis Summary (BSE)

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

AMARJOTHI.BO●BSE
IndustrialsManufacturing - Textiles
₹174.95
₹5.05(2.81%)
Indian Market opens in 16h 45m

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

AMARJOTHI.BO Technical Analysis Summary (BSE)

Amarjothi Spinning Mills Limited (BSE: AMARJOTHI.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.01)
Trend Strength:Strong (ADX: 36.46)
Volatility:Medium (ATR: 8.57)
Support/Resistance:$152.54 – $188.03 (Bollinger Bands)

Technical conditions suggest Amarjothi Spinning Mills Limited on the BSE is awaiting a decisive move. Technical conditions suggest Amarjothi Spinning Mills Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.01

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 71.53

Bullish
Buying momentum building without extremes.

Williams %R: -19.47

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 12.54

Strongly Bullish
Strong upside momentum.

Takeaway:Amarjothi Spinning Mills Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 5.15

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.46

Strong
Strong trend, momentum well established.

ATR (14): 8.57

Rising
Rising volatility, market activity increasing.

CCI (14): 54.88

Bullish
Bullish, momentum building upward.

Takeaway:Amarjothi Spinning Mills Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$188.03
Middle Band (SMA 20)
$170.28
Lower Band
$152.54
Current Position
Within Bands

Takeaway:Amarjothi Spinning Mills Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$189.49
Middle Line (EMA 20)
$172.35
Lower Channel
$155.22
Squeeze Status
No Squeeze

Takeaway:Amarjothi Spinning Mills Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume138.43K
Money Flow Index73.00Bullish, inflows support continued momentum.
Relative Vigor Index51.44Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:AMARJOTHI.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Amarjothi Spinning Mills Limited (BSE: AMARJOTHI.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

No significant bearish signals detected.

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

(BSE: AMARJOTHI.BO) Technical Analysis FAQ