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Meghna Infracon Infrastructure Limited

Meghna Infracon Infrastructure Limited (MIIL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Meghna Infracon Infrastructure Limited.

MIIL.BO●BSE
Financial ServicesInvestment - Banking & Investment Services
₹719.45
₹4.30(0.59%)
Indian Market opens in 14h 21m
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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

Meghna Infracon Infrastructure Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.43)
Trend Strength:Moderate (ADX: 29.35)
Volatility:Medium (ATR: 31.89)
Support/Resistance:$707.74 – $802.50 (Bollinger Bands)

Technical conditions suggest Meghna Infracon Infrastructure Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.44

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.41

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.63

Strongly Bearish
Sharp downside momentum.

Takeaway:Meghna Infracon Infrastructure Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.34

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 29.35

Moderate
Moderate trend, direction gaining strength.

ATR (14): 31.89

Rising
Rising volatility, market activity increasing.

CCI (14): -87.14

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$802.50
Middle Band (SMA 20)
$755.12
Lower Band
$707.74
Current Position
Within Bands

Takeaway:Meghna Infracon Infrastructure Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$810.99
Middle Line (EMA 20)
$747.22
Lower Channel
$683.45
Squeeze Status
Squeeze On

Takeaway:Meghna Infracon Infrastructure Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.06M
Money Flow Index38.96Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.23Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MIIL.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Meghna Infracon Infrastructure Limited, 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:Meghna Infracon Infrastructure Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ