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Shalimar Wires Industries Limited

SHALIWIR.BO•BSE
Consumer Cyclical
Packaging & Containers
₹16.84
₹-1.20(-6.65%)
Indian Market opens in 13h 13m

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: 41.85)
Trend Strength:Moderate (ADX: 24.74)
Volatility:High (ATR: 1.57)
Support/Resistance:$15.17 – $19.49 (Bollinger Bands)

Technical conditions suggest Shalimar Wires Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.85

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 44.50

Neutral
Mid-range signal with no clear trend.

Williams %R: -73.13

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.59

Bullish
Steady upward momentum.

Takeaway:Shalimar Wires Industries Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.57

Low
Low volatility, stable price action.

CCI (14): -9.91

Neutral
Neutral, no strong directional signal.

Takeaway:Shalimar Wires Industries Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.49
Middle Band (SMA 20)
$17.33
Lower Band
$15.17
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$20.83
Middle Line (EMA 20)
$17.69
Lower Channel
$14.56
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 Volume85.08K
Money Flow Index77.77Bullish, inflows support continued momentum.
Relative Vigor Index23.44Bearish, price momentum favors sellers.

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

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shalimar Wires Industries Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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