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New Light Apparels Limited

NEWLIGHT.BO Technical Analysis Summary (BSE)

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

NEWLIGHT.BO●BSE
Consumer CyclicalApparel - Manufacturers
₹1.32
₹0.06(4.76%)
Indian Market opens in 40h 32m

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 (BSE)

New Light Apparels Limited (BSE: NEWLIGHT.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.63)
Trend Strength:Weak (ADX: 13.20)
Volatility:High (ATR: 0.08)
Support/Resistance:$1.25 – $1.38 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 47.63

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 39.88

Bearish
Momentum remains weak below midpoint.

Williams %R: -37.50

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.54

Bullish
Steady upward momentum.

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: 13.20

Weak
Weak trend, market trading sideways.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): -61.36

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.38
Middle Band (SMA 20)
$1.32
Lower Band
$1.25
Current Position
Within Bands

Takeaway:New Light Apparels Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.48
Middle Line (EMA 20)
$1.32
Lower Channel
$1.16
Squeeze Status
Squeeze On

Takeaway:New Light Apparels Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-2.48M
Money Flow Index76.73Bullish, inflows support continued momentum.
Relative Vigor Index53.38Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NEWLIGHT.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of New Light Apparels Limited (BSE: NEWLIGHT.BO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:New Light Apparels Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(BSE: NEWLIGHT.BO) Technical Analysis FAQ