Advertisement

Mobile Banner
Mobile Banner
Mobile Banner
Loading...

Nahar Spinning Mills Limited

NAHARSPING.BOBSE
Consumer Cyclical
Apparel - Manufacturers
207.95
-3.65(-1.72%)
Indian Market is Open • 09:20

Nahar Spinning Mills Limited (NAHARSPING.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Nahar Spinning Mills Limited (BSE:NAHARSPING.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

NAHARSPING.BO Technical Analysis Summary

Nahar Spinning Mills Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.98)
Trend Strength:Strong (ADX: 39.13)
Volatility:Medium (ATR: 10.25)
Support/Resistance:$151.91 – $221.82 (Bollinger Bands)

Technical conditions suggest Nahar Spinning Mills Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 64.98

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.43

Bearish
Overbought levels may trigger pullback.

Williams %R: -19.14

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 12.65

Strongly Bullish
Strong upside momentum.

Takeaway:Nahar Spinning Mills Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 7.59

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.13

Strong
Strong trend, momentum well established.

ATR (14): 10.25

Rising
Rising volatility, market activity increasing.

CCI (14): 89.97

Bullish
Bullish, momentum building upward.

Takeaway:Nahar Spinning Mills Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$221.82
Middle Band (SMA 20)
$186.87
Lower Band
$151.91
Current Position
Within Bands

Takeaway:Nahar Spinning Mills Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$213.49
Middle Line (EMA 20)
$193.00
Lower Channel
$172.50
Squeeze Status
No Squeeze

Takeaway:Nahar Spinning Mills Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume49.41K
Money Flow Index86.46Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index64.11Bullish, price momentum strongly favors buyers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Nahar Spinning Mills Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ