Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Anik Industries Limited

ANIKINDS.BO Technical Analysis Summary (BSE)

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

ANIKINDS.BO●BSE
IndustrialsConglomerates
₹41.00
₹0.66(1.58%)
Indian Market opens in 7h 55m

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

ANIKINDS.BO Technical Analysis Summary (BSE)

Anik Industries Limited (BSE: ANIKINDS.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.93)
Trend Strength:Strong (ADX: 36.87)
Volatility:Medium (ATR: 1.98)
Support/Resistance:$41.44 – $47.73 (Bollinger Bands)

Technical conditions suggest Anik Industries Limited on the BSE is awaiting a decisive move. This mix signals that Anik Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 34.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.83

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.45

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.35

Strongly Bearish
Sharp downside momentum.

Takeaway:Anik Industries Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.86

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.87

Strong
Strong trend, momentum well established.

ATR (14): 1.98

Low
Low volatility, stable price action.

CCI (14): -149.54

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Anik Industries Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$47.73
Middle Band (SMA 20)
$44.58
Lower Band
$41.44
Current Position
Below Lower Band

Takeaway:Anik Industries Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$47.97
Middle Line (EMA 20)
$44.01
Lower Channel
$40.05
Squeeze Status
Squeeze On

Takeaway:Anik Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.85K
Money Flow Index15.01Bullish, oversold conditions signal rebound potential.
Relative Vigor Index26.49Bearish, price momentum favors sellers.

Overall Takeaway:ANIKINDS.BO shows oversold money flow, with rebound potential building.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Anik Industries Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(BSE: ANIKINDS.BO) Technical Analysis FAQ