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Shubham Polyspin Limited

SHUBHAM.BO•BSE
Industrials
Manufacturing - Textiles
₹62.63
₹-1.67(-2.60%)
Indian Market opens in 11h 4m

Shubham Polyspin Limited (SHUBHAM.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shubham Polyspin Limited (BSE:SHUBHAM.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

SHUBHAM.BO Technical Analysis Summary

Shubham Polyspin Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.70)
Trend Strength:Moderate (ADX: 23.22)
Volatility:High (ATR: 3.50)
Support/Resistance:$60.89 – $67.22 (Bollinger Bands)

Technical conditions suggest Shubham Polyspin Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.70

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 49.94

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.05

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.39

Bullish
Steady upward momentum.

Takeaway:Shubham Polyspin Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.22

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.50

Medium
Medium volatility, healthy price movement.

CCI (14): -64.33

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shubham Polyspin Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$67.22
Middle Band (SMA 20)
$64.06
Lower Band
$60.89
Current Position
Within Bands

Takeaway:Shubham Polyspin Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$70.27
Middle Line (EMA 20)
$63.27
Lower Channel
$56.26
Squeeze Status
Squeeze On

Takeaway:Shubham Polyspin Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume598.93K
Money Flow Index82.46Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index56.64Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shubham Polyspin 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.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Shubham Polyspin 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.

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