Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Purple Finance Limited

PURPLEFIN.BO Technical Analysis Summary (BSE)

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

PURPLEFIN.BO●BSE
Financial ServicesFinancial - Credit Services
₹73.00
₹1.34(1.80%)
Indian Market is Open · 13:41

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

PURPLEFIN.BO Technical Analysis Summary (BSE)

Purple Finance Limited (BSE: PURPLEFIN.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.08)
Trend Strength:Weak (ADX: 8.44)
Volatility:High (ATR: 3.70)
Support/Resistance:$69.66 – $77.68 (Bollinger Bands)

Technical conditions suggest Purple Finance Limited on the BSE is awaiting a decisive move. Technical conditions suggest Purple Finance Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.56

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.52

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.56

Bullish
Steady upward momentum.

Takeaway:Purple Finance Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.41

Bullish
Bullish, trend momentum is strengthening.

ADX: 8.44

Weak
Weak trend, market trading sideways.

ATR (14): 3.70

Medium
Medium volatility, healthy price movement.

CCI (14): -68.40

Bearish
Bearish, momentum remains under pressure.

Takeaway:Purple Finance Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$77.68
Middle Band (SMA 20)
$73.67
Lower Band
$69.66
Current Position
Within Bands

Takeaway:Purple Finance Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$80.31
Middle Line (EMA 20)
$72.92
Lower Channel
$65.53
Squeeze Status
Squeeze On

Takeaway:Purple Finance Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume1.02M
Money Flow Index23.96Bearish, selling pressure outweighs inflows.
Relative Vigor Index50.53Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Purple Finance Limited (BSE: PURPLEFIN.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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

(BSE: PURPLEFIN.BO) Technical Analysis FAQ