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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
₹142.10
₹2.75(1.97%)
Indian Market opens in 13h 7m

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 bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.79)
Trend Strength:Strong (ADX: 38.57)
Volatility:Low (ATR: 1.60)
Support/Resistance:$139.87 – $148.73 (Bollinger Bands)

Technical conditions suggest Dhanlaxmi Cotex Limited on the BSE is awaiting a decisive move. This mix signals that Dhanlaxmi Cotex Limited is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 59.79

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 10.60

Bullish
Oversold zone signals rebound potential.

Williams %R: -68.21

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.00

Bearish
Selling pressure outweighs buying.

Takeaway:Dhanlaxmi Cotex Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 3.51

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.57

Strong
Strong trend, momentum well established.

ATR (14): 1.60

Low
Low volatility, stable price action.

CCI (14): -64.78

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$148.73
Middle Band (SMA 20)
$144.30
Lower Band
$139.87
Current Position
Within Bands

Takeaway:Dhanlaxmi Cotex Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$144.19
Middle Line (EMA 20)
$140.99
Lower Channel
$137.79
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 Volume321.00
Money Flow Index76.10Bullish, inflows support continued momentum.
Relative Vigor Index27.73Bearish, 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.

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:Dhanlaxmi Cotex Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(BSE: DHANCOT.BO) Technical Analysis FAQ