Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

New Light Apparels Limited

NEWLIGHT.BO•BSE
Consumer Cyclical
Apparel - Footwear & Accessories
₹1.31
₹0.00(0.00%)
Indian Market opens in 11h 39m

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: 43.40)
Trend Strength:Weak (ADX: 16.34)
Volatility:High (ATR: 0.09)
Support/Resistance:$1.27 – $1.44 (Bollinger Bands)

Technical conditions suggest New Light Apparels Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 43.40

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.88

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.48

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.49

Bearish
Selling pressure outweighs buying.

Takeaway:New Light Apparels Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 16.34

Weak
Weak trend, market trading sideways.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -144.34

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:New Light Apparels Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.44
Middle Band (SMA 20)
$1.36
Lower Band
$1.27
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1.54
Middle Line (EMA 20)
$1.36
Lower Channel
$1.18
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-3.06M
Money Flow Index66.75Bullish, inflows support continued momentum.
Relative Vigor Index38.08Bearish, price momentum favors sellers.

Overall Takeaway:NEWLIGHT.BO shows mixed signals in money flow analysis.

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

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for New Light Apparels Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ