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Chandrima Mercantiles Limited

CHANDRIMA.BO•BSE
Industrials
Industrial - Distribution
₹6.45
₹-0.60(-8.51%)
Indian Market opens in 12h 41m

Chandrima Mercantiles Limited (CHANDRIMA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Chandrima Mercantiles Limited (BSE:CHANDRIMA.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

CHANDRIMA.BO Technical Analysis Summary

Chandrima Mercantiles Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.26)
Trend Strength:Very Strong (ADX: 41.86)
Volatility:High (ATR: 0.44)
Support/Resistance:$4.51 – $7.43 (Bollinger Bands)

Technical conditions suggest Chandrima Mercantiles Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.26

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.87

Bearish
Overbought levels may trigger pullback.

Williams %R: -33.81

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 32.16

Strongly Bullish
Strong upside momentum.

Takeaway:Chandrima Mercantiles Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.04

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.86

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.44

Low
Low volatility, stable price action.

CCI (14): 75.46

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.43
Middle Band (SMA 20)
$5.97
Lower Band
$4.51
Current Position
Within Bands

Takeaway:Chandrima Mercantiles Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$7.28
Middle Line (EMA 20)
$6.41
Lower Channel
$5.53
Squeeze Status
No Squeeze

Takeaway:Chandrima Mercantiles Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume10.91M
Money Flow Index43.34Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.58Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CHANDRIMA.BO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Chandrima Mercantiles Limited, 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

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Chandrima Mercantiles Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ