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Shri Jagdamba Polymers Limited

SHRJAGP.BO Technical Analysis Summary (BSE)

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

SHRJAGP.BO●BSE
IndustrialsManufacturing - Textiles
₹687.90
₹1.35(0.20%)
Indian Market is Open · 13:56

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

SHRJAGP.BO Technical Analysis Summary (BSE)

Shri Jagdamba Polymers Limited (BSE: SHRJAGP.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.79)
Trend Strength:Very Strong (ADX: 41.85)
Volatility:Medium (ATR: 30.94)
Support/Resistance:$503.01 – $746.11 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 60.79

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.04

Bullish
Buying momentum building without extremes.

Williams %R: -42.44

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 18.45

Strongly Bullish
Strong upside momentum.

Takeaway:Shri Jagdamba Polymers Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 31.38

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.85

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 30.94

Rising
Rising volatility, market activity increasing.

CCI (14): 56.24

Bullish
Bullish, momentum building upward.

Takeaway:Shri Jagdamba Polymers Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$746.11
Middle Band (SMA 20)
$624.56
Lower Band
$503.01
Current Position
Within Bands

Takeaway:Shri Jagdamba Polymers Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$703.66
Middle Line (EMA 20)
$641.78
Lower Channel
$579.91
Squeeze Status
No Squeeze

Takeaway:Shri Jagdamba Polymers Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume23.19K
Money Flow Index81.04Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index52.41Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shri Jagdamba Polymers Limited (BSE: SHRJAGP.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.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Shri Jagdamba Polymers 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: SHRJAGP.BO) Technical Analysis FAQ