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Gujarat Cotex Limited

GUJCOTEX.BOBSE
Consumer Cyclical
Apparel - Manufacturers
9.56
1.98(26.12%)
Indian Market opens in 61h 38m

Gujarat Cotex Limited (GUJCOTEX.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Gujarat Cotex Limited (BSE:GUJCOTEX.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

GUJCOTEX.BO Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.16)
Trend Strength:Moderate (ADX: 24.02)
Volatility:High (ATR: 0.76)
Support/Resistance:$6.79 – $9.68 (Bollinger Bands)

Technical conditions suggest Gujarat Cotex Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 55.68

Neutral
Mid-range signal with no clear trend.

Williams %R: -36.06

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -7.97

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.33

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.02

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.76

Low
Low volatility, stable price action.

CCI (14): -9.71

Neutral
Neutral, no strong directional signal.

Takeaway:Gujarat Cotex Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.68
Middle Band (SMA 20)
$8.24
Lower Band
$6.79
Current Position
Within Bands

Takeaway:Gujarat Cotex Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$9.57
Middle Line (EMA 20)
$8.05
Lower Channel
$6.53
Squeeze Status
Squeeze On

Takeaway:Gujarat Cotex Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume8.12M
Money Flow Index95.68Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index82.37Bullish, price momentum strongly favors buyers.

Overall Takeaway:GUJCOTEX.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Gujarat Cotex Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Gujarat Cotex Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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