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Shalimar Wires Industries Limited

SHALIWIR.BO•BSE
Consumer Cyclical
Packaging & Containers
₹18.53
₹-0.22(-1.17%)
Indian Market opens in 6h 28m

Shalimar Wires Industries Limited (SHALIWIR.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shalimar Wires Industries Limited (BSE:SHALIWIR.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

SHALIWIR.BO Technical Analysis Summary

Shalimar Wires Industries Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.33)
Trend Strength:Weak (ADX: 9.41)
Volatility:High (ATR: 1.01)
Support/Resistance:$18.32 – $19.67 (Bollinger Bands)

This mix signals that Shalimar Wires Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.33

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.21

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.14

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.85

Bearish
Selling pressure outweighs buying.

Takeaway:Shalimar Wires Industries Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 9.41

Weak
Weak trend, market trading sideways.

ATR (14): 1.01

Low
Low volatility, stable price action.

CCI (14): -95.98

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shalimar Wires Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.67
Middle Band (SMA 20)
$18.99
Lower Band
$18.32
Current Position
Within Bands

Takeaway:Shalimar Wires Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$21.08
Middle Line (EMA 20)
$19.05
Lower Channel
$17.02
Squeeze Status
Squeeze On

Takeaway:Shalimar Wires Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume8.54K
Money Flow Index61.24Bullish, inflows support continued momentum.
Relative Vigor Index58.39Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shalimar Wires Industries Limited, 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:Technical indicators for Shalimar Wires Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ