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Shree Steel Wire Ropes Limited

SSWRL.BO Technical Analysis Summary (BSE)

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

SSWRL.BO●BSE
Basic MaterialsSteel
₹22.56
₹0.91(3.88%)
Indian Market opens in 55h 41m

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

SSWRL.BO Technical Analysis Summary (BSE)

Shree Steel Wire Ropes Limited (BSE: SSWRL.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.03)
Trend Strength:Moderate (ADX: 21.13)
Volatility:High (ATR: 1.15)
Support/Resistance:$23.09 – $26.20 (Bollinger Bands)

Technical conditions suggest Shree Steel Wire Ropes Limited on the BSE is awaiting a decisive move. Technical conditions suggest Shree Steel Wire Ropes Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.04

Bearish
Momentum remains weak below midpoint.

Williams %R: -75.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.12

Strongly Bearish
Sharp downside momentum.

Takeaway:Shree Steel Wire Ropes Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.64

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.15

Low
Low volatility, stable price action.

CCI (14): -148.51

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Shree Steel Wire Ropes Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.20
Middle Band (SMA 20)
$24.64
Lower Band
$23.09
Current Position
Below Lower Band

Takeaway:Shree Steel Wire Ropes Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$26.90
Middle Line (EMA 20)
$24.60
Lower Channel
$22.30
Squeeze Status
Squeeze On

Takeaway:Shree Steel Wire Ropes Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume128.52K
Money Flow Index25.48Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.16Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shree Steel Wire Ropes Limited (BSE: SSWRL.BO), here are the key trading signals and recommendations:

Bullish Signals

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:Shree Steel Wire Ropes Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: SSWRL.BO) Technical Analysis FAQ