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Bansal Wire Industries Ltd.

BANSALWIRE.NS Technical Analysis Summary (NSE)

Analyze BANSALWIRE.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BANSALWIRE.NSNSE
321.00
2.75(0.86%)
Indian Market opens in 3h 10m

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BANSALWIRE.NS Technical Analysis Summary (NSE)

Bansal Wire Industries Ltd. (NSE: BANSALWIRE.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.64)
Trend Strength:Weak (ADX: 10.27)
Volatility:Medium (ATR: 12.97)
Support/Resistance:$307.34 – $331.54 (Bollinger Bands)

Technical conditions suggest Bansal Wire Industries Ltd. on the NSE is awaiting a decisive move. This mix signals that Bansal Wire Industries Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.64

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.53

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.25

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.83

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 0.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 10.27

Weak
Weak trend, market trading sideways.

ATR (14): 12.97

Rising
Rising volatility, market activity increasing.

CCI (14): -13.26

Neutral
Neutral, no strong directional signal.

Takeaway:Bansal Wire Industries Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$331.54
Middle Band (SMA 20)
$319.44
Lower Band
$307.34
Current Position
Within Bands

Takeaway:Bansal Wire Industries Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$347.57
Middle Line (EMA 20)
$321.64
Lower Channel
$295.71
Squeeze Status
Squeeze On

Takeaway:Bansal Wire Industries Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume1.83M
Money Flow Index71.73Bullish, inflows support continued momentum.
Relative Vigor Index48.78Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BANSALWIRE.NS shows mixed signals in money flow analysis.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(NSE: BANSALWIRE.NS) Technical Analysis FAQ