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Meera Industries Limited

MEERA.BO•BSE
Industrials
Industrial - Machinery
₹52.29
₹4.19(8.71%)
Indian Market opens in 13h 49m

Meera Industries Limited (MEERA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Meera Industries Limited (BSE:MEERA.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

MEERA.BO Technical Analysis Summary

Meera Industries Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.64)
Trend Strength:Moderate (ADX: 22.98)
Volatility:High (ATR: 3.86)
Support/Resistance:$28.87 – $50.04 (Bollinger Bands)

Overall, Meera Industries Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.64

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 100.00

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 41.73

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -1.43

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.98

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.86

Medium
Medium volatility, healthy price movement.

CCI (14): 205.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Meera Industries Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$50.04
Middle Band (SMA 20)
$39.45
Lower Band
$28.87
Current Position
Above Upper Band

Takeaway:Meera Industries Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$52.04
Middle Line (EMA 20)
$44.32
Lower Channel
$36.59
Squeeze Status
No Squeeze

Takeaway:Meera Industries Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume939.90K
Money Flow Index86.94Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index72.96Bullish, price momentum strongly favors buyers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

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

Technical Analysis FAQ