Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Simplex Castings Limited

SIMPLEXCAS.BO Technical Analysis Summary (BSE)

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

SIMPLEXCAS.BO●BSE
IndustrialsManufacturing - Metal Fabrication
₹127.85
₹13.00(11.32%)
Indian Market opens in 12h 46m

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

SIMPLEXCAS.BO Technical Analysis Summary (BSE)

Simplex Castings Limited (BSE: SIMPLEXCAS.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.48)
Trend Strength:Strong (ADX: 39.27)
Volatility:High (ATR: 10.36)
Support/Resistance:$94.95 – $124.93 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 51.48

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 68.00

Bullish
Buying momentum building without extremes.

Williams %R: -14.91

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 17.64

Strongly Bullish
Strong upside momentum.

Takeaway:Simplex Castings Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -10.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.27

Strong
Strong trend, momentum well established.

ATR (14): 10.36

Rising
Rising volatility, market activity increasing.

CCI (14): 146.81

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Simplex Castings Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$124.93
Middle Band (SMA 20)
$109.94
Lower Band
$94.95
Current Position
Above Upper Band

Takeaway:Simplex Castings Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$135.68
Middle Line (EMA 20)
$114.97
Lower Channel
$94.26
Squeeze Status
Squeeze On

Takeaway:Simplex Castings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume3.09M
Money Flow Index81.81Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index57.45Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Simplex Castings Limited (BSE: SIMPLEXCAS.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Simplex Castings Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SIMPLEXCAS.BO) Technical Analysis FAQ