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Mega Corporation Limited

MEGACOR.BO•BSE
Industrials
Airlines, Airports & Air Services
₹2.25
₹0.00(0.00%)
Indian Market opens in 11h 36m

Mega Corporation Limited (MEGACOR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mega Corporation Limited (BSE:MEGACOR.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

MEGACOR.BO Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 39.46)
Trend Strength:Moderate (ADX: 26.97)
Volatility:High (ATR: 0.18)
Support/Resistance:$2.03 – $2.68 (Bollinger Bands)

Technical conditions suggest Mega Corporation Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.46

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.93

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.90

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 3.27

Bullish
Steady upward momentum.

Takeaway:Mega Corporation Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.97

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.18

Low
Low volatility, stable price action.

CCI (14): -193.80

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Mega Corporation Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.68
Middle Band (SMA 20)
$2.35
Lower Band
$2.03
Current Position
Within Bands

Takeaway:Mega Corporation Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.73
Middle Line (EMA 20)
$2.36
Lower Channel
$2.00
Squeeze Status
Squeeze On

Takeaway:Mega Corporation Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-499.66K
Money Flow Index68.14Bullish, inflows support continued momentum.
Relative Vigor Index21.09Bearish, price momentum favors sellers.

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

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

Bullish Signals

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.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ