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Choksi Laboratories Limited

CHOKSILA.BO•BSE
Industrials
Specialty Business Services
₹103.55
₹-6.30(-5.74%)
Indian Market opens in 6h 22m

Choksi Laboratories Limited (CHOKSILA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Choksi Laboratories Limited (BSE:CHOKSILA.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

CHOKSILA.BO Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.78)
Trend Strength:Weak (ADX: 10.06)
Volatility:High (ATR: 8.84)
Support/Resistance:$105.72 – $124.72 (Bollinger Bands)

This mix signals that Choksi Laboratories Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.78

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.70

Bullish
Oversold zone signals rebound potential.

Williams %R: -67.12

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.63

Strongly Bearish
Sharp downside momentum.

Takeaway:Choksi Laboratories Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.63

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 10.06

Weak
Weak trend, market trading sideways.

ATR (14): 8.84

Rising
Rising volatility, market activity increasing.

CCI (14): -78.55

Bearish
Bearish, momentum remains under pressure.

Takeaway:Choksi Laboratories Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$124.72
Middle Band (SMA 20)
$115.22
Lower Band
$105.72
Current Position
Below Lower Band

Takeaway:Choksi Laboratories Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$131.01
Middle Line (EMA 20)
$113.34
Lower Channel
$95.67
Squeeze Status
Squeeze On

Takeaway:Choksi Laboratories Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-64.46K
Money Flow Index25.18Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.70Bearish, price momentum favors sellers.

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

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

Bullish Signals

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 Choksi Laboratories Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ