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Ashnoor Textile Mills Limited

ASHNOOR.BO•BSE
Industrials
Manufacturing - Textiles
₹40.00
₹-0.95(-2.32%)
Indian Market opens in 11h 56m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.81)
Trend Strength:Strong (ADX: 30.50)
Volatility:High (ATR: 2.61)
Support/Resistance:$36.24 – $42.53 (Bollinger Bands)

Technical conditions suggest Ashnoor Textile Mills Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.81

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.25

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.90

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.21

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.48

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.50

Strong
Strong trend, momentum well established.

ATR (14): 2.61

Medium
Medium volatility, healthy price movement.

CCI (14): 91.48

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$42.53
Middle Band (SMA 20)
$39.38
Lower Band
$36.24
Current Position
Within Bands

Takeaway:Ashnoor Textile Mills Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$44.94
Middle Line (EMA 20)
$39.72
Lower Channel
$34.51
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-45.65K
Money Flow Index48.88Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.44Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ASHNOOR.BO shows neutral money flow, with no clear directional pressure.

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.

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 Ashnoor Textile Mills Limited are mixed, suggesting a Hold or wait-and-see approach.

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