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Varroc Engineering Limited

VARROC.BO Technical Analysis Summary (BSE)

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

VARROC.BOBSE
Consumer CyclicalAuto - Parts
843.65
2.50(0.30%)
Indian Market opens in 1h 41m

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VARROC.BO Technical Analysis Summary (BSE)

Varroc Engineering Limited (BSE: VARROC.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: 82.87)
Trend Strength:Very Strong (ADX: 56.47)
Volatility:Medium (ATR: 30.87)
Support/Resistance:$572.15 – $904.29 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 82.87

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 87.36

Bearish
Overbought levels may trigger pullback.

Williams %R: -13.89

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 27.06

Strongly Bullish
Strong upside momentum.

Takeaway:Varroc Engineering Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 54.99

Bullish
Bullish, trend momentum is strengthening.

ADX: 56.47

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 30.87

Rising
Rising volatility, market activity increasing.

CCI (14): 70.73

Bullish
Bullish, momentum building upward.

Takeaway:Varroc Engineering Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$904.29
Middle Band (SMA 20)
$738.22
Lower Band
$572.15
Current Position
Within Bands

Takeaway:Varroc Engineering Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$824.18
Middle Line (EMA 20)
$762.45
Lower Channel
$700.72
Squeeze Status
No Squeeze

Takeaway:Varroc Engineering Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume309.71K
Money Flow Index94.44Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index72.70Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Varroc Engineering Limited (BSE: VARROC.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

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Varroc Engineering Limited 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: VARROC.BO) Technical Analysis FAQ