Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Solar Industries India Limited

SOLARINDS.BO Technical Analysis Summary (BSE)

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

SOLARINDS.BO●BSE
Basic MaterialsChemicals - Specialty
₹18830.00
₹60.00(0.32%)
Indian Market opens in 9h 18m

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

SOLARINDS.BO Technical Analysis Summary (BSE)

Solar Industries India Limited (BSE: SOLARINDS.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.55)
Trend Strength:Strong (ADX: 35.84)
Volatility:Medium (ATR: 716.94)
Support/Resistance:$18171.94 – $22983.27 (Bollinger Bands)

Technical conditions suggest Solar Industries India Limited on the BSE is awaiting a decisive move. This mix signals that Solar Industries India Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.55

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 9.64

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.57

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.61

Strongly Bearish
Sharp downside momentum.

Takeaway:Solar Industries India Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 57.23

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.84

Strong
Strong trend, momentum well established.

ATR (14): 716.94

Rising
Rising volatility, market activity increasing.

CCI (14): -111.59

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Solar Industries India Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22983.27
Middle Band (SMA 20)
$20577.60
Lower Band
$18171.94
Current Position
Within Bands

Takeaway:Solar Industries India Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$21728.74
Middle Line (EMA 20)
$20294.87
Lower Channel
$18860.99
Squeeze Status
No Squeeze

Takeaway:Solar Industries India Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-118.10K
Money Flow Index38.47Bearish, selling pressure outweighs inflows.
Relative Vigor Index21.39Bearish, price momentum favors sellers.

Overall Takeaway:SOLARINDS.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Solar Industries India Limited (BSE: SOLARINDS.BO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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

(BSE: SOLARINDS.BO) Technical Analysis FAQ