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Bhakti Gems and Jewellery Limited

BGJL.BO•BSE
Consumer Cyclical
Personal Products & Services
₹39.30
₹-0.46(-1.16%)
Indian Market opens in 12h 37m

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: 45.55)
Trend Strength:Moderate (ADX: 21.94)
Volatility:High (ATR: 2.29)
Support/Resistance:$39.49 – $44.20 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.55

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.96

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.71

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.86

Strongly Bearish
Sharp downside momentum.

Takeaway:Bhakti Gems and Jewellery Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.94

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.29

Medium
Medium volatility, healthy price movement.

CCI (14): -158.48

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bhakti Gems and Jewellery Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44.20
Middle Band (SMA 20)
$41.85
Lower Band
$39.49
Current Position
Below Lower Band

Takeaway:Bhakti Gems and Jewellery Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$45.92
Middle Line (EMA 20)
$41.33
Lower Channel
$36.74
Squeeze Status
Squeeze On

Takeaway:Bhakti Gems and Jewellery Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.06M
Money Flow Index31.77Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.61Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BGJL.BO shows bearish money flow, with sellers dominating volume and vigor.

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.

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

Technical Analysis FAQ