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Megastar Foods Limited

MEGASTAR.BO Technical Analysis Summary (BSE)

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

MEGASTAR.BO●BSE
Consumer DefensivePackaged Foods
₹255.00
₹5.05(1.94%)
Indian Market opens in 38h 33m

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MEGASTAR.BO Technical Analysis Summary (BSE)

Megastar Foods Limited (BSE: MEGASTAR.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.69)
Trend Strength:Moderate (ADX: 25.00)
Volatility:High (ATR: 14.80)
Support/Resistance:$236.69 – $307.80 (Bollinger Bands)

Technical conditions suggest Megastar Foods Limited on the BSE is awaiting a decisive move. This mix signals that Megastar Foods Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 39.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.79

Bullish
Oversold zone signals rebound potential.

Williams %R: -87.31

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.52

Bearish
Selling pressure outweighs buying.

Takeaway:Megastar Foods Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -6.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.00

Moderate
Moderate trend, direction gaining strength.

ATR (14): 14.80

Rising
Rising volatility, market activity increasing.

CCI (14): -150.22

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Megastar Foods Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$307.80
Middle Band (SMA 20)
$272.24
Lower Band
$236.69
Current Position
Within Bands

Takeaway:Megastar Foods Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$304.21
Middle Line (EMA 20)
$274.60
Lower Channel
$244.99
Squeeze Status
No Squeeze

Takeaway:Megastar Foods Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-24.49K
Money Flow Index6.96Bullish, oversold conditions signal rebound potential.
Relative Vigor Index24.53Bearish, price momentum favors sellers.

Overall Takeaway:MEGASTAR.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Megastar Foods Limited (BSE: MEGASTAR.BO), here are the key trading signals and recommendations:

Bullish Signals

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:Megastar Foods Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: MEGASTAR.BO) Technical Analysis FAQ