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New Light Apparels Limited

NEWLIGHT.BOBSE
Consumer Cyclical
Apparel - Footwear & Accessories
1.25
0.04(3.31%)
Indian Market opens in 4h 34m

New Light Apparels Limited (NEWLIGHT.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for New Light Apparels Limited (BSE:NEWLIGHT.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

NEWLIGHT.BO Technical Analysis Summary

New Light Apparels Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.16)
Trend Strength:Strong (ADX: 31.00)
Volatility:High (ATR: 0.11)
Support/Resistance:$1.21 – $1.41 (Bollinger Bands)

This mix signals that New Light Apparels Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.28

Neutral
Mid-range signal with no clear trend.

Williams %R: -48.39

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.58

Bearish
Selling pressure outweighs buying.

Takeaway:New Light Apparels Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.00

Strong
Strong trend, momentum well established.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): -136.41

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:New Light Apparels Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.41
Middle Band (SMA 20)
$1.31
Lower Band
$1.21
Current Position
Within Bands

Takeaway:New Light Apparels Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.52
Middle Line (EMA 20)
$1.30
Lower Channel
$1.08
Squeeze Status
Squeeze On

Takeaway:New Light Apparels Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-36.54K
Money Flow Index28.01Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.04Neutral to Bearish, sellers hold a slight edge.

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

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

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