Is Ashnoor Textile Mills Limited stock a buy or sell right now?

Ashnoor Textile Mills Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Ashnoor Textile Mills Limited’s RSI?

RSI is 50.24, showing balanced momentum within the normal range.

What does MACD indicate for ASHNOOR.BO?

MACD at 0.13 signals bullish momentum with buyers in control.

What are Ashnoor Textile Mills Limited’s key support and resistance levels?

Support sits around $39.52, while resistance is near $42.01. If price falls below $39.52, it could trigger extended downside pressure.

Ashnoor Textile Mills Limited

ASHNOOR.BO•BSE

Industrials

Manufacturing - Textiles

₹38.52

₹-2.86(-6.91%)

Indian Market opens in 11h 4m

Ashnoor Textile Mills Limited (ASHNOOR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ashnoor Textile Mills Limited (BSE:ASHNOOR.BO).

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

ASHNOOR.BO Technical Analysis Summary

Ashnoor Textile Mills Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 50.24)

Trend Strength:Weak (ADX: 16.55)

Volatility:High (ATR: 2.64)

Support/Resistance:$39.52 – $42.01 (Bollinger Bands)

This mix signals that Ashnoor Textile Mills Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.24

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 59.90

Neutral

Mid-range signal with no clear trend.

Williams %R: -43.44

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -1.65

Bearish

Selling pressure outweighs buying.

Takeaway:Ashnoor Textile Mills Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.13

Bullish

Bullish, trend momentum is strengthening.

ADX: 16.55

Weak

Weak trend, market trading sideways.

ATR (14): 2.64

Medium

Medium volatility, healthy price movement.

CCI (14): -117.45

Bearish

Bearish, oversold conditions may spark rebound.

Takeaway:Ashnoor Textile Mills Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$42.01

Middle Band (SMA 20)

$40.77

Lower Band

$39.52

Current Position

Below Lower Band

Takeaway:Ashnoor Textile Mills Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels

Upper Channel

$45.87

Middle Line (EMA 20)

$40.60

Lower Channel

$35.32

Squeeze Status

Squeeze On

Takeaway:Ashnoor Textile Mills Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume-44.00K

Money Flow Index35.01Bearish, selling pressure outweighs inflows.

Relative Vigor Index50.52Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary

Based on the current technical analysis of Ashnoor Textile Mills Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

No significant bearish signals detected.

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