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Pradeep Metals Limited

PRADPME.BO•BSE
Industrials
Manufacturing - Metal Fabrication
₹357.30
₹-8.30(-2.27%)
Indian Market is Open • 09:58

Pradeep Metals Limited (PRADPME.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Pradeep Metals Limited (BSE:PRADPME.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

PRADPME.BO Technical Analysis Summary

Pradeep Metals Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.87)
Trend Strength:Strong (ADX: 30.04)
Volatility:High (ATR: 19.21)
Support/Resistance:$308.88 – $380.51 (Bollinger Bands)

This mix signals that Pradeep Metals Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 57.87

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 64.74

Bullish
Buying momentum building without extremes.

Williams %R: -43.70

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 12.59

Strongly Bullish
Strong upside momentum.

Takeaway:Pradeep Metals Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 12.93

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.04

Strong
Strong trend, momentum well established.

ATR (14): 19.21

Rising
Rising volatility, market activity increasing.

CCI (14): 52.55

Bullish
Bullish, momentum building upward.

Takeaway:Pradeep Metals Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$380.51
Middle Band (SMA 20)
$344.69
Lower Band
$308.88
Current Position
Within Bands

Takeaway:Pradeep Metals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$385.51
Middle Line (EMA 20)
$347.09
Lower Channel
$308.68
Squeeze Status
Squeeze On

Takeaway:Pradeep Metals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume191.53K
Money Flow Index65.85Bullish, inflows support continued momentum.
Relative Vigor Index58.57Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Pradeep Metals 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.

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

Bearish Signals

No significant bearish signals detected.

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

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