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Bannari Amman Spinning Mills Ltd

BASML.NS Technical Analysis Summary (NSE)

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

BASML.NS●NSE
IndustrialsManufacturing - Textiles
₹26.99
₹0.02(0.07%)
Indian Market opens in 16h 55m

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

BASML.NS Technical Analysis Summary (NSE)

Bannari Amman Spinning Mills Ltd (NSE: BASML.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.33)
Trend Strength:Moderate (ADX: 25.47)
Volatility:Medium (ATR: 1.34)
Support/Resistance:$25.42 – $27.93 (Bollinger Bands)

Technical conditions suggest Bannari Amman Spinning Mills Ltd on the NSE is awaiting a decisive move. This mix signals that Bannari Amman Spinning Mills Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.33

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 68.75

Bullish
Buying momentum building without extremes.

Williams %R: -40.76

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.52

Bullish
Steady upward momentum.

Takeaway:Bannari Amman Spinning Mills Ltd shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.34

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.47

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.34

Low
Low volatility, stable price action.

CCI (14): 37.61

Bullish
Bullish, momentum building upward.

Takeaway:Bannari Amman Spinning Mills Ltd shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.93
Middle Band (SMA 20)
$26.68
Lower Band
$25.42
Current Position
Within Bands

Takeaway:Bannari Amman Spinning Mills Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$29.23
Middle Line (EMA 20)
$26.55
Lower Channel
$23.88
Squeeze Status
Squeeze On

Takeaway:Bannari Amman Spinning Mills Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.43M
Money Flow Index53.47Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.29Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Bannari Amman Spinning Mills Ltd (NSE: BASML.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bannari Amman Spinning Mills Ltd are mixed, suggesting a Hold or wait-and-see approach.

(NSE: BASML.NS) Technical Analysis FAQ