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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.NS●NSE
Basic MaterialsSteel
₹324.00
₹16.75(5.45%)
Indian Market opens in 23h 53m

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 (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 Bullish (RSI: 50.52)
Trend Strength:Weak (ADX: 16.47)
Volatility:High (ATR: 17.34)
Support/Resistance:$298.49 – $364.95 (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): 50.52

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 19.78

Bullish
Oversold zone signals rebound potential.

Williams %R: -65.44

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.66

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.98

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.47

Weak
Weak trend, market trading sideways.

ATR (14): 17.34

Rising
Rising volatility, market activity increasing.

CCI (14): -50.41

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$364.95
Middle Band (SMA 20)
$331.72
Lower Band
$298.49
Current Position
Within Bands

Takeaway:Bansal Wire Industries Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$357.84
Middle Line (EMA 20)
$323.15
Lower Channel
$288.47
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.23M
Money Flow Index23.69Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.06Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BANSALWIRE.NS shows bearish money flow, with sellers dominating volume and vigor.

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

RSI above 50 → positive momentum from buyers.

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

(NSE: BANSALWIRE.NS) Technical Analysis FAQ