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Dhanlaxmi Fabrics Limited

DHANFAB.BO•BSE
Industrials
Manufacturing - Textiles
₹58.97
₹-2.89(-4.67%)
Indian Market opens in 6h 27m

Dhanlaxmi Fabrics Limited (DHANFAB.BO) Stock Technical Analysis & Trading Signals

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

DHANFAB.BO Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.39)
Trend Strength:Moderate (ADX: 20.52)
Volatility:Medium (ATR: 2.40)
Support/Resistance:$52.47 – $62.02 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 61.39

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.41

Bullish
Buying momentum building without extremes.

Williams %R: -0.53

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 11.66

Strongly Bullish
Strong upside momentum.

Takeaway:Dhanlaxmi Fabrics Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.32

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.52

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.40

Medium
Medium volatility, healthy price movement.

CCI (14): 102.89

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$62.02
Middle Band (SMA 20)
$57.24
Lower Band
$52.47
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$62.08
Middle Line (EMA 20)
$57.28
Lower Channel
$52.48
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-3.00K
Money Flow Index35.72Bearish, selling pressure outweighs inflows.
Relative Vigor Index58.32Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Dhanlaxmi Fabrics 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 Dhanlaxmi Fabrics Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ