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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
₹122.60
₹6.00(5.15%)
Indian Market is Open · 10:11

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 bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 28.60)
Trend Strength:Very Strong (ADX: 57.62)
Volatility:High (ATR: 13.53)
Support/Resistance:$90.01 – $116.34 (Bollinger Bands)

Technical conditions suggest Simplex Castings Limited on the BSE is awaiting a decisive move. Technical signals suggest downside risk is building despite recent strength.

Momentum Indicators

RSI (14): 28.60

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 90.91

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.16

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 23.08

Strongly Bullish
Strong upside momentum.

Takeaway:Simplex Castings Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -47.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 57.62

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 13.53

Rising
Rising volatility, market activity increasing.

CCI (14): 176.67

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
$116.34
Middle Band (SMA 20)
$103.17
Lower Band
$90.01
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
$164.37
Middle Line (EMA 20)
$137.32
Lower Channel
$110.26
Squeeze Status
Squeeze On

Takeaway:Simplex Castings Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.11M
Money Flow Index87.79Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index37.21Bearish, price momentum favors sellers.

Overall Takeaway:SIMPLEXCAS.BO shows mixed signals in money flow analysis.

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

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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Simplex Castings Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: SIMPLEXCAS.BO) Technical Analysis FAQ