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Bhilwara Spinners Limited

Bhilwara Spinners Limited (BHILSPIN.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bhilwara Spinners Limited.

BHILSPIN.BO●BSE
IndustrialsManufacturing - Textiles
₹112.00
₹7.05(5.92%)
Indian Market opens in 8h 4m
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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

Bhilwara Spinners Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.90)
Trend Strength:Moderate (ADX: 22.24)
Volatility:High (ATR: 8.18)
Support/Resistance:$111.82 – $125.69 (Bollinger Bands)

Overall, Bhilwara Spinners Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.90

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.53

Bearish
Momentum remains weak below midpoint.

Williams %R: -87.76

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.68

Bearish
Selling pressure outweighs buying.

Takeaway:Bhilwara Spinners Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 1.23

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.24

Moderate
Moderate trend, direction gaining strength.

ATR (14): 8.18

Rising
Rising volatility, market activity increasing.

CCI (14): -99.90

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$125.69
Middle Band (SMA 20)
$118.75
Lower Band
$111.82
Current Position
Within Bands

Takeaway:Bhilwara Spinners Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$134.60
Middle Line (EMA 20)
$118.24
Lower Channel
$101.88
Squeeze Status
Squeeze On

Takeaway:Bhilwara Spinners Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-68.84K
Money Flow Index36.84Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.04Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Bhilwara Spinners Limited are mixed, suggesting a Hold or wait-and-see approach.

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