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Bhilwara Spinners Limited

BHILSPIN.BO Technical Analysis Summary (BSE)

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

BHILSPIN.BO●BSE
IndustrialsManufacturing - Textiles
₹130.95
₹4.80(3.80%)
Indian Market opens in 16h 49m

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

BHILSPIN.BO Technical Analysis Summary (BSE)

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.04)
Trend Strength:Strong (ADX: 39.15)
Volatility:High (ATR: 8.14)
Support/Resistance:$123.56 – $131.95 (Bollinger Bands)

Technical conditions suggest Bhilwara Spinners Limited on the BSE is awaiting a decisive move. This mix signals that Bhilwara Spinners Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 22.89

Bearish
Momentum remains weak below midpoint.

Williams %R: -74.96

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.12

Bullish
Steady upward momentum.

Takeaway:Bhilwara Spinners Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.74

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.15

Strong
Strong trend, momentum well established.

ATR (14): 8.14

Rising
Rising volatility, market activity increasing.

CCI (14): 7.28

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$131.95
Middle Band (SMA 20)
$127.75
Lower Band
$123.56
Current Position
Within Bands

Takeaway:Bhilwara Spinners Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$143.53
Middle Line (EMA 20)
$127.25
Lower Channel
$110.98
Squeeze Status
Squeeze On

Takeaway:Bhilwara Spinners Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-74.56K
Money Flow Index58.73Neutral, balanced money flows with no clear signal.
Relative Vigor Index62.46Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Bhilwara Spinners Limited (BSE: BHILSPIN.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.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

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

Overall Recommendation:Bhilwara Spinners 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: BHILSPIN.BO) Technical Analysis FAQ