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Bombay Wire Ropes Ltd

BOMBWIR.BO•BSE
Industrials
Manufacturing - Metal Fabrication
₹49.20
₹2.70(5.81%)
Indian Market opens in 10h 48m
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Bombay Wire Ropes Ltd (BOMBWIR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bombay Wire Ropes Ltd (BSE:BOMBWIR.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

BOMBWIR.BO Technical Analysis Summary

Bombay Wire Ropes Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.82)
Trend Strength:Moderate (ADX: 28.88)
Volatility:High (ATR: 3.88)
Support/Resistance:$45.27 – $54.21 (Bollinger Bands)

Technical conditions suggest Bombay Wire Ropes Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.82

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.40

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.02

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.45

Bearish
Selling pressure outweighs buying.

Takeaway:Bombay Wire Ropes Ltd shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.88

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.88

Medium
Medium volatility, healthy price movement.

CCI (14): -140.46

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Bombay Wire Ropes Ltd shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$54.21
Middle Band (SMA 20)
$49.74
Lower Band
$45.27
Current Position
Within Bands

Takeaway:Bombay Wire Ropes Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$56.66
Middle Line (EMA 20)
$48.90
Lower Channel
$41.13
Squeeze Status
Squeeze On

Takeaway:Bombay Wire Ropes Ltd trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume15.21K
Money Flow Index18.98Bullish, oversold conditions signal rebound potential.
Relative Vigor Index39.13Bearish, price momentum favors sellers.

Overall Takeaway:BOMBWIR.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Bombay Wire Ropes Ltd, 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 Bombay Wire Ropes Ltd are mixed, suggesting a Hold or wait-and-see approach.

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