Is Dhanlaxmi Cotex Limited stock a buy or sell right now?

Dhanlaxmi Cotex Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Dhanlaxmi Cotex Limited’s RSI?

RSI is 50.89, showing balanced momentum within the normal range.

What does MACD indicate for DHANCOT.BO?

MACD at -8.14 shows bearish pressure, with downside momentum building.

What are Dhanlaxmi Cotex Limited’s key support and resistance levels?

Support sits around $66.46, while resistance is near $104.17.

Dhanlaxmi Cotex Limited

DHANCOT.BO•BSE

Financial Services

Investment - Banking & Investment Services

₹98.72

₹9.17(10.24%)

Indian Market opens in NaNh NaNm

Dhanlaxmi Cotex Limited (DHANCOT.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Dhanlaxmi Cotex Limited (BSE:DHANCOT.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

DHANCOT.BO Technical Analysis Summary

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

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 50.89)

Trend Strength:Strong (ADX: 35.04)

Volatility:High (ATR: 5.90)

Support/Resistance:$66.46 – $104.17 (Bollinger Bands)

Overall, Dhanlaxmi Cotex Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.89

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 73.48

Bullish

Buying momentum building without extremes.

Williams %R: 0.00

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 5.05

Strongly Bullish

Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -8.14

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 35.04

Strong

Strong trend, momentum well established.

ATR (14): 5.90

High

High volatility, wide price fluctuations.

CCI (14): 201.92

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Dhanlaxmi Cotex Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators

Bollinger Bands

Upper Band

$104.17

Middle Band (SMA 20)

$85.31

Lower Band

$66.46

Current Position

Within Bands

Takeaway:Dhanlaxmi Cotex Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$100.39

Middle Line (EMA 20)

$88.60

Lower Channel

$76.81

Squeeze Status

No Squeeze

Takeaway:Dhanlaxmi Cotex Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume3.29K

Money Flow Index80.70Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index51.02Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary

Based on the current technical analysis of Dhanlaxmi Cotex Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

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