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Indo Count Industries Limited

ICIL.BO Technical Analysis Summary (BSE)

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

ICIL.BO●BSE
IndustrialsManufacturing - Textiles
₹401.40
₹3.50(0.88%)
Indian Market opens in 15h 52m

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

ICIL.BO Technical Analysis Summary (BSE)

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.92)
Trend Strength:Strong (ADX: 38.07)
Volatility:Medium (ATR: 18.77)
Support/Resistance:$380.53 – $444.58 (Bollinger Bands)

Technical conditions suggest Indo Count Industries Limited on the BSE is awaiting a decisive move. Technical signals confirm buyers remain in control of Indo Count Industries Limited’s price action.

Momentum Indicators

RSI (14): 54.92

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 26.96

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.30

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.27

Strongly Bearish
Sharp downside momentum.

Takeaway:Indo Count Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 6.35

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.07

Strong
Strong trend, momentum well established.

ATR (14): 18.77

Rising
Rising volatility, market activity increasing.

CCI (14): -39.77

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$444.58
Middle Band (SMA 20)
$412.56
Lower Band
$380.53
Current Position
Within Bands

Takeaway:Indo Count Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$437.27
Middle Line (EMA 20)
$399.73
Lower Channel
$362.20
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.37M
Money Flow Index43.87Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.46Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Indo Count Industries Limited (BSE: ICIL.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.

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Indo Count Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: ICIL.BO) Technical Analysis FAQ