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Tega Industries Ltd

TEGA.BO Technical Analysis Summary (BSE)

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

TEGA.BOBSE
IndustrialsIndustrial - Machinery
1945.05
25.55(1.33%)
Indian Market opens in 11h 10m

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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

TEGA.BO Technical Analysis Summary (BSE)

Tega Industries Ltd (BSE: TEGA.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 72.85)
Trend Strength:Moderate (ADX: 23.55)
Volatility:Medium (ATR: 83.32)
Support/Resistance:$1457.40 – $1885.37 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 72.85

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 86.80

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.68

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 16.82

Strongly Bullish
Strong upside momentum.

Takeaway:Tega Industries Ltd shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 48.78

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.55

Moderate
Moderate trend, direction gaining strength.

ATR (14): 83.32

Rising
Rising volatility, market activity increasing.

CCI (14): 199.19

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Tega Industries Ltd shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1885.37
Middle Band (SMA 20)
$1671.38
Lower Band
$1457.40
Current Position
Above Upper Band

Takeaway:Tega Industries Ltd trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1869.33
Middle Line (EMA 20)
$1702.69
Lower Channel
$1536.05
Squeeze Status
No Squeeze

Takeaway:Tega Industries Ltd trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume429.72K
Money Flow Index87.05Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index74.26Bullish, price momentum strongly favors buyers.

Overall Takeaway:TEGA.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Tega Industries Ltd (BSE: TEGA.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.

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.

Overall Recommendation:Tega Industries 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.

(BSE: TEGA.BO) Technical Analysis FAQ