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Shaily Engineering Plastics Limited

SHAILY.NS Technical Analysis Summary (NSE)

Analyze SHAILY.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SHAILY.NS●NSE
Basic MaterialsChemicals - Specialty
₹2969.70
₹16.80(0.57%)
Indian Market opens in 22h 31m

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

SHAILY.NS Technical Analysis Summary (NSE)

Shaily Engineering Plastics Limited (NSE: SHAILY.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.87)
Trend Strength:Moderate (ADX: 20.13)
Volatility:Medium (ATR: 115.16)
Support/Resistance:$2659.29 – $3000.07 (Bollinger Bands)

Technical conditions suggest Shaily Engineering Plastics Limited on the NSE is awaiting a decisive move. Technical conditions suggest Shaily Engineering Plastics Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.87

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.07

Bearish
Overbought levels may trigger pullback.

Williams %R: -17.06

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.28

Bullish
Steady upward momentum.

Takeaway:Shaily Engineering Plastics Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 13.66

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 115.16

Rising
Rising volatility, market activity increasing.

CCI (14): 140.86

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Shaily Engineering Plastics Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3000.07
Middle Band (SMA 20)
$2829.68
Lower Band
$2659.29
Current Position
Within Bands

Takeaway:Shaily Engineering Plastics Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3070.76
Middle Line (EMA 20)
$2840.45
Lower Channel
$2610.14
Squeeze Status
Squeeze On

Takeaway:Shaily Engineering Plastics Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume68.94K
Money Flow Index38.05Bearish, selling pressure outweighs inflows.
Relative Vigor Index66.22Bullish, price momentum strongly favors buyers.

Overall Takeaway:SHAILY.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Shaily Engineering Plastics Limited (NSE: SHAILY.NS), 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:Shaily Engineering Plastics Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NSE: SHAILY.NS) Technical Analysis FAQ