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Benares Hotels Limited

BENARAS.BO•BSE
Consumer Cyclical
Travel Services
₹10003.75
₹498.65(5.25%)
Indian Market opens in 10h 3m

Benares Hotels Limited (BENARAS.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Benares Hotels Limited (BSE:BENARAS.BO).

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

BENARAS.BO Technical Analysis Summary

Benares Hotels Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.73)
Trend Strength:Moderate (ADX: 24.68)
Volatility:Low (ATR: 151.32)
Support/Resistance:$9370.72 – $9611.15 (Bollinger Bands)

Overall, Benares Hotels Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.73

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.00

Bullish
Buying momentum building without extremes.

Williams %R: -19.47

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.20

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 12.72

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.68

Moderate
Moderate trend, direction gaining strength.

ATR (14): 151.32

Rising
Rising volatility, market activity increasing.

CCI (14): 182.24

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$9611.15
Middle Band (SMA 20)
$9490.93
Lower Band
$9370.72
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$9807.52
Middle Line (EMA 20)
$9504.89
Lower Channel
$9202.26
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.76K
Money Flow Index50.96Neutral, balanced money flows with no clear signal.
Relative Vigor Index72.19Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Benares Hotels Limited, 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

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

Overall Recommendation:Benares Hotels 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.

Technical Analysis FAQ