Meyka Pro banner
BEML Limited

BEML.BO Technical Analysis Summary (BSE)

Analyze BEML.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BEML.BOBSE
IndustrialsIndustrial - Machinery
1964.40
91.80(4.90%)
Indian Market opens in 7h 2m

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

BEML.BO Technical Analysis Summary (BSE)

BEML Limited (BSE: BEML.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.97)
Trend Strength:Moderate (ADX: 20.92)
Volatility:Medium (ATR: 60.23)
Support/Resistance:$1634.80 – $1942.93 (Bollinger Bands)

Technical conditions suggest BEML Limited on the BSE is awaiting a decisive move. Overall, BEML Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.98

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.23

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.81

Strongly Bullish
Strong upside momentum.

Takeaway:BEML Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 29.68

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.92

Moderate
Moderate trend, direction gaining strength.

ATR (14): 60.23

Rising
Rising volatility, market activity increasing.

CCI (14): 84.41

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1942.93
Middle Band (SMA 20)
$1788.86
Lower Band
$1634.80
Current Position
Above Upper Band

Takeaway:BEML Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1941.25
Middle Line (EMA 20)
$1820.79
Lower Channel
$1700.34
Squeeze Status
No Squeeze

Takeaway:BEML Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume341.63K
Money Flow Index82.30Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index58.35Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BEML.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of BEML Limited (BSE: BEML.BO), 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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:BEML Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(BSE: BEML.BO) Technical Analysis FAQ