Meyka AI API is live for developers.Start building.
Advertisement
Gokak Textiles Limited

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

Live technical indicators, trading signals, and momentum insights for Gokak Textiles Limited.

GOKAKTEX.BO●BSE
IndustrialsManufacturing - Textiles
₹70.79
₹6.79(10.61%)
Indian Market opens in 14h 19m
Advertisement

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.04)
Trend Strength:Strong (ADX: 30.08)
Volatility:High (ATR: 3.87)
Support/Resistance:$53.60 – $76.25 (Bollinger Bands)

Technical conditions suggest Gokak Textiles Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 58.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 53.16

Neutral
Mid-range signal with no clear trend.

Williams %R: -30.28

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 18.32

Strongly Bullish
Strong upside momentum.

Takeaway:Gokak Textiles Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 1.82

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.08

Strong
Strong trend, momentum well established.

ATR (14): 3.87

Medium
Medium volatility, healthy price movement.

CCI (14): 43.67

Bullish
Bullish, momentum building upward.

Takeaway:Gokak Textiles Limited shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$76.25
Middle Band (SMA 20)
$64.92
Lower Band
$53.60
Current Position
Within Bands

Takeaway:Gokak Textiles Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$74.25
Middle Line (EMA 20)
$66.52
Lower Channel
$58.78
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume12.33K
Money Flow Index64.34Bullish, inflows support continued momentum.
Relative Vigor Index44.14Neutral to Bearish, sellers hold a slight edge.

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

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.

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

Technical Analysis FAQ