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Sugal & Damani Share Brokers Limited

SUGALDAM.BO Technical Analysis Summary (BSE)

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

SUGALDAM.BO●BSE
IndustrialsSpecialty Business Services
₹64.00
₹1.00(1.54%)
Indian Market opens in 16h 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

SUGALDAM.BO Technical Analysis Summary (BSE)

Sugal & Damani Share Brokers Limited (BSE: SUGALDAM.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: 55.08)
Trend Strength:Moderate (ADX: 23.13)
Volatility:High (ATR: 4.36)
Support/Resistance:$59.34 – $68.77 (Bollinger Bands)

Technical conditions suggest Sugal & Damani Share Brokers Limited on the BSE is awaiting a decisive move. This mix signals that Sugal & Damani Share Brokers Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.21

Bullish
Buying momentum building without extremes.

Williams %R: -17.39

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.78

Bullish
Steady upward momentum.

Takeaway:Sugal & Damani Share Brokers Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.43

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.36

Medium
Medium volatility, healthy price movement.

CCI (14): 31.99

Bullish
Bullish, momentum building upward.

Takeaway:Sugal & Damani Share Brokers Limited shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$68.77
Middle Band (SMA 20)
$64.06
Lower Band
$59.34
Current Position
Within Bands

Takeaway:Sugal & Damani Share Brokers Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$72.14
Middle Line (EMA 20)
$63.42
Lower Channel
$54.71
Squeeze Status
Squeeze On

Takeaway:Sugal & Damani Share Brokers Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume23.23K
Money Flow Index65.32Bullish, inflows support continued momentum.
Relative Vigor Index73.33Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Sugal & Damani Share Brokers Limited (BSE: SUGALDAM.BO), 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.

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Sugal & Damani Share Brokers Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SUGALDAM.BO) Technical Analysis FAQ