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Shalimar Productions Limited

SHALPRO.BO Technical Analysis Summary (BSE)

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

SHALPRO.BOBSE
0.26
0.01(3.70%)
Indian Market opens in 3h 20m

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SHALPRO.BO Technical Analysis Summary (BSE)

Shalimar Productions Limited (BSE: SHALPRO.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.11)
Trend Strength:Strong (ADX: 31.78)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.26 – $0.31 (Bollinger Bands)

Technical conditions suggest Shalimar Productions Limited on the BSE is awaiting a decisive move. Technical conditions suggest Shalimar Productions Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 34.11

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.11

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -16.13

Strongly Bearish
Sharp downside momentum.

Takeaway:Shalimar Productions Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.78

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -98.25

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.31
Middle Band (SMA 20)
$0.28
Lower Band
$0.26
Current Position
Within Bands

Takeaway:Shalimar Productions Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.31
Middle Line (EMA 20)
$0.28
Lower Channel
$0.26
Squeeze Status
No Squeeze

Takeaway:Shalimar Productions Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-10.85M
Money Flow Index45.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index24.17Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shalimar Productions Limited (BSE: SHALPRO.BO), 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 Productions Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: SHALPRO.BO) Technical Analysis FAQ