Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Dhanlaxmi Cotex Limited

DHANCOT.BO Technical Analysis Summary (BSE)

Analyze DHANCOT.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DHANCOT.BO●BSE
Financial ServicesInvestment - Banking & Investment Services
₹115.85
₹2.25(1.98%)
Indian Market opens in 23h 54m

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 (BSE)

Dhanlaxmi Cotex Limited (BSE: DHANCOT.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.05)
Trend Strength:Weak (ADX: 19.64)
Volatility:Low (ATR: 2.13)
Support/Resistance:$109.06 – $116.00 (Bollinger Bands)

Technical conditions suggest Dhanlaxmi Cotex Limited on the BSE is awaiting a decisive move. Overall, Dhanlaxmi Cotex Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.05

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 99.25

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.95

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.90

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.64

Weak
Weak trend, market trading sideways.

ATR (14): 2.13

Medium
Medium volatility, healthy price movement.

CCI (14): 158.74

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Dhanlaxmi Cotex Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$116.00
Middle Band (SMA 20)
$112.53
Lower Band
$109.06
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$116.59
Middle Line (EMA 20)
$112.34
Lower Channel
$108.09
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-745.00
Money Flow Index67.46Bullish, inflows support continued momentum.
Relative Vigor Index29.02Bearish, price momentum favors sellers.

Overall Takeaway:DHANCOT.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Dhanlaxmi Cotex Limited (BSE: DHANCOT.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

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

(BSE: DHANCOT.BO) Technical Analysis FAQ