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Meghna Infracon Infrastructure Limited

MIIL.BO Technical Analysis Summary (BSE)

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

MIIL.BO●BSE
Financial ServicesAsset Management
₹708.05
₹18.10(2.62%)
Indian Market opens in 13h 56m

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

MIIL.BO Technical Analysis Summary (BSE)

Meghna Infracon Infrastructure Limited (BSE: MIIL.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.96)
Trend Strength:Moderate (ADX: 25.01)
Volatility:Medium (ATR: 30.80)
Support/Resistance:$667.26 – $746.28 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 40.04

Neutral
Mid-range signal with no clear trend.

Williams %R: -31.78

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.83

Neutral
Price change is minimal.

Takeaway:Meghna Infracon Infrastructure Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -9.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 30.80

Rising
Rising volatility, market activity increasing.

CCI (14): 8.26

Neutral
Neutral, no strong directional signal.

Takeaway:Meghna Infracon Infrastructure Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$746.28
Middle Band (SMA 20)
$706.77
Lower Band
$667.26
Current Position
Within Bands

Takeaway:Meghna Infracon Infrastructure Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$762.92
Middle Line (EMA 20)
$701.33
Lower Channel
$639.73
Squeeze Status
Squeeze On

Takeaway:Meghna Infracon Infrastructure Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-21.67K
Money Flow Index49.64Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.89Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MIIL.BO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Meghna Infracon Infrastructure Limited (BSE: MIIL.BO), 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.

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 Meghna Infracon Infrastructure Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: MIIL.BO) Technical Analysis FAQ