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Bhakti Gems and Jewellery Limited

BGJL.BO•BSE
Consumer Cyclical
Personal Products & Services
₹38.00
₹0.52(1.39%)
Indian Market opens in 12h 15m

Bhakti Gems and Jewellery Limited (BGJL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bhakti Gems and Jewellery Limited (BSE:BGJL.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

BGJL.BO Technical Analysis Summary

Bhakti Gems and Jewellery Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.95)
Trend Strength:Strong (ADX: 34.85)
Volatility:High (ATR: 2.21)
Support/Resistance:$35.34 – $40.00 (Bollinger Bands)

Technical conditions suggest Bhakti Gems and Jewellery Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.95

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 60.60

Bullish
Buying momentum building without extremes.

Williams %R: -27.69

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.13

Neutral
Price change is minimal.

Takeaway:Bhakti Gems and Jewellery Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.95

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.85

Strong
Strong trend, momentum well established.

ATR (14): 2.21

Medium
Medium volatility, healthy price movement.

CCI (14): 30.02

Bullish
Bullish, momentum building upward.

Takeaway:Bhakti Gems and Jewellery Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$40.00
Middle Band (SMA 20)
$37.67
Lower Band
$35.34
Current Position
Within Bands

Takeaway:Bhakti Gems and Jewellery Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$42.17
Middle Line (EMA 20)
$37.74
Lower Channel
$33.31
Squeeze Status
Squeeze On

Takeaway:Bhakti Gems and Jewellery Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.76M
Money Flow Index54.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.14Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Bhakti Gems and Jewellery Limited, here are the key trading signals and recommendations:

Bullish Signals

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

No significant bearish signals detected.

Overall Recommendation:Bhakti Gems and Jewellery Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ