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Sona Machinery Ltd.

SONAMAC.NSNSE
Industrials
Industrial - Machinery
41.00
-1.85(-4.32%)
Indian Market opens in 6h 45m

Sona Machinery Ltd. (SONAMAC.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sona Machinery Ltd. (NSE:SONAMAC.NS).

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

SONAMAC.NS Technical Analysis Summary

Sona Machinery Ltd. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.17)
Trend Strength:Moderate (ADX: 28.35)
Volatility:High (ATR: 2.94)
Support/Resistance:$24.96 – $43.73 (Bollinger Bands)

Technical conditions suggest Sona Machinery Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.17

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.81

Bullish
Buying momentum building without extremes.

Williams %R: -36.53

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 25.19

Strongly Bullish
Strong upside momentum.

Takeaway:Sona Machinery Ltd. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.41

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.35

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.94

Medium
Medium volatility, healthy price movement.

CCI (14): 76.26

Bullish
Bullish, momentum building upward.

Takeaway:Sona Machinery Ltd. shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$43.73
Middle Band (SMA 20)
$34.34
Lower Band
$24.96
Current Position
Within Bands

Takeaway:Sona Machinery Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$42.37
Middle Line (EMA 20)
$36.49
Lower Channel
$30.62
Squeeze Status
No Squeeze

Takeaway:Sona Machinery Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume11.00K
Money Flow Index52.09Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.38Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SONAMAC.NS shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Sona Machinery Ltd., 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.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Sona Machinery Ltd. 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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