Is Shine Fashions (India) Limited stock a buy or sell right now?

Based on current indicators, Shine Fashions (India) Limited shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Shine Fashions (India) Limited’s RSI?

RSI is 65.06, showing balanced momentum within the normal range.

What does MACD indicate for SHINEFASH.BO?

MACD at 0.07 signals bullish momentum with buyers in control.

What are Shine Fashions (India) Limited’s key support and resistance levels?

Support sits around $17.47, while resistance is near $30.69. A breakout above $30.69 would open the door for further upside.

Shine Fashions (India) Limited

SHINEFASH.BO•BSE

Industrials

Manufacturing - Textiles

₹30.80

₹-0.30(-0.96%)

Indian Market opens in 13h 54m

Shine Fashions (India) Limited (SHINEFASH.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shine Fashions (India) Limited (BSE:SHINEFASH.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

SHINEFASH.BO Technical Analysis Summary

Shine Fashions (India) Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Bullish (RSI: 65.06)

Trend Strength:Moderate (ADX: 28.25)

Volatility:High (ATR: 2.34)

Support/Resistance:$17.47 – $30.69 (Bollinger Bands)

Technical conditions suggest Shine Fashions (India) Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.06

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 90.24

Bearish

Overbought levels may trigger pullback.

Williams %R: -18.73

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 28.33

Strongly Bullish

Strong upside momentum.

Takeaway:Shine Fashions (India) Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.07

Bullish

Bullish, trend momentum is strengthening.

ADX: 28.25

Moderate

Moderate trend, direction gaining strength.

ATR (14): 2.34

Medium

Medium volatility, healthy price movement.

CCI (14): 179.89

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Shine Fashions (India) Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$30.69

Middle Band (SMA 20)

$24.08

Lower Band

$17.47

Current Position

Above Upper Band

Takeaway:Shine Fashions (India) Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$29.56

Middle Line (EMA 20)

$24.89

Lower Channel

$20.21

Squeeze Status

No Squeeze

Takeaway:Shine Fashions (India) Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume-1.32M

Money Flow Index45.20Neutral, balanced money flows with no clear signal.

Relative Vigor Index46.48Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SHINEFASH.BO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary

Based on the current technical analysis of Shine Fashions (India) Limited, 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

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shine Fashions (India) 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.