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Eastern Silk Industries Limited

EASTSILK.BO Technical Analysis Summary (BSE)

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

EASTSILK.BO●BSE
IndustrialsManufacturing - Textiles
₹68.50
₹2.90(4.06%)
Indian Market opens in 19h 30m

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

EASTSILK.BO Technical Analysis Summary (BSE)

Eastern Silk Industries Limited (BSE: EASTSILK.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.87)
Trend Strength:Strong (ADX: 35.88)
Volatility:Medium (ATR: 1.90)
Support/Resistance:$55.30 – $72.87 (Bollinger Bands)

Technical conditions suggest Eastern Silk Industries Limited on the BSE is awaiting a decisive move. Technical conditions suggest Eastern Silk Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 62.87

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.96

Bearish
Overbought levels may trigger pullback.

Williams %R: -24.13

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 18.82

Strongly Bullish
Strong upside momentum.

Takeaway:Eastern Silk Industries Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.28

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.88

Strong
Strong trend, momentum well established.

ATR (14): 1.90

Low
Low volatility, stable price action.

CCI (14): 75.34

Bullish
Bullish, momentum building upward.

Takeaway:Eastern Silk Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$72.87
Middle Band (SMA 20)
$64.09
Lower Band
$55.30
Current Position
Within Bands

Takeaway:Eastern Silk Industries Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$68.97
Middle Line (EMA 20)
$65.17
Lower Channel
$61.36
Squeeze Status
No Squeeze

Takeaway:Eastern Silk Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-334.00
Money Flow Index44.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.80Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Eastern Silk Industries Limited (BSE: EASTSILK.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.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Eastern Silk Industries Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(BSE: EASTSILK.BO) Technical Analysis FAQ