Loading...

Bansal Wire Industries Ltd.

BANSALWIRE.NS•NSE
Basic Materials
Steel
₹299.40
₹2.94(0.99%)
Indian Market opens in NaNh NaNm

Bansal Wire Industries Ltd. (BANSALWIRE.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bansal Wire Industries Ltd. (NSE:BANSALWIRE.NS).

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

BANSALWIRE.NS Technical Analysis Summary

Bansal Wire Industries Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.66)
Trend Strength:Strong (ADX: 34.48)
Volatility:Medium (ATR: 13.83)
Support/Resistance:$248.77 – $331.93 (Bollinger Bands)

This mix signals that Bansal Wire Industries Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.66

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 60.12

Bullish
Buying momentum building without extremes.

Williams %R: -62.88

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 3.66

Bullish
Steady upward momentum.

Takeaway:Bansal Wire Industries Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 10.48

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.48

Strong
Strong trend, momentum well established.

ATR (14): 13.83

Rising
Rising volatility, market activity increasing.

CCI (14): -175.56

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bansal Wire Industries Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$331.93
Middle Band (SMA 20)
$290.35
Lower Band
$248.77
Current Position
Within Bands

Takeaway:Bansal Wire Industries Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$317.78
Middle Line (EMA 20)
$290.12
Lower Channel
$262.45
Squeeze Status
No Squeeze

Takeaway:Bansal Wire Industries Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.20M
Money Flow Index85.23Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index56.87Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BANSALWIRE.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Bansal Wire Industries Ltd., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Bansal Wire Industries Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ