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Shankesh Jewellers Limited

SHANKESH.BO Technical Analysis Summary (BSE)

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

SHANKESH.BO●BSE
Consumer CyclicalPersonal Products & Services
₹101.28
₹0.36(0.35%)
Indian Market opens in 1h 54m

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

SHANKESH.BO Technical Analysis Summary (BSE)

Shankesh Jewellers Limited (BSE: SHANKESH.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.01)
Trend Strength:Very Strong (ADX: 43.56)
Volatility:High (ATR: 5.65)
Support/Resistance:$85.74 – $102.70 (Bollinger Bands)

Technical conditions suggest Shankesh Jewellers Limited on the BSE is awaiting a decisive move. Overall, Shankesh Jewellers Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 60.01

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 79.83

Bullish
Buying momentum building without extremes.

Williams %R: -24.88

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 12.15

Strongly Bullish
Strong upside momentum.

Takeaway:Shankesh Jewellers Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.92

Bullish
Bullish, trend momentum is strengthening.

ADX: 43.56

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 5.65

High
High volatility, wide price fluctuations.

CCI (14): 125.11

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Shankesh Jewellers Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$102.70
Middle Band (SMA 20)
$94.22
Lower Band
$85.74
Current Position
Within Bands

Takeaway:Shankesh Jewellers Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$107.18
Middle Line (EMA 20)
$95.87
Lower Channel
$84.57
Squeeze Status
Squeeze On

Takeaway:Shankesh Jewellers Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume7.77M
Money Flow Index77.73Bullish, inflows support continued momentum.
Relative Vigor Index59.46Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shankesh Jewellers Limited (BSE: SHANKESH.BO), 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:Shankesh Jewellers 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.

(BSE: SHANKESH.BO) Technical Analysis FAQ