Is Gokak Textiles Limited stock a buy or sell right now?

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

What is Gokak Textiles Limited’s RSI?

RSI is 52.08, showing balanced momentum within the normal range.

What does MACD indicate for GOKAKTEX.BO?

MACD at 0.66 remains positive, but the signal line crossover suggests short-term caution.

What are Gokak Textiles Limited’s key support and resistance levels?

Support sits around $65.39, while resistance is near $80.32.

Gokak Textiles Limited

GOKAKTEX.BO•BSE

Industrials

Manufacturing - Textiles

₹71.33

₹1.34(1.91%)

Indian Market opens in 5h 13m

Gokak Textiles Limited (GOKAKTEX.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Gokak Textiles Limited (BSE:GOKAKTEX.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

GOKAKTEX.BO Technical Analysis Summary

Gokak Textiles Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 52.08)

Trend Strength:Weak (ADX: 19.57)

Volatility:High (ATR: 4.78)

Support/Resistance:$65.39 – $80.32 (Bollinger Bands)

This mix signals that Gokak Textiles Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.08

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 26.93

Bearish

Momentum remains weak below midpoint.

Williams %R: -53.45

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -7.77

Strongly Bearish

Sharp downside momentum.

Takeaway:Gokak Textiles Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.66

Bullish

Bullish, trend momentum is strengthening.

ADX: 19.57

Weak

Weak trend, market trading sideways.

ATR (14): 4.78

Medium

Medium volatility, healthy price movement.

CCI (14): -61.72

Bearish

Bearish, momentum remains under pressure.

Takeaway:Gokak Textiles Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$80.32

Middle Band (SMA 20)

$72.85

Lower Band

$65.39

Current Position

Within Bands

Takeaway:Gokak Textiles Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$80.25

Middle Line (EMA 20)

$70.69

Lower Channel

$61.13

Squeeze Status

Squeeze On

Takeaway:Gokak Textiles Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume79.00K

Money Flow Index16.74Bullish, oversold conditions signal rebound potential.

Relative Vigor Index44.19Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GOKAKTEX.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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:Technical indicators for Gokak Textiles Limited are mixed, suggesting a Hold or wait-and-see approach.