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Varvee Global Limited

VGL.BO Technical Analysis Summary (BSE)

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

VGL.BO●BSE
IndustrialsManufacturing - Textiles
₹62.15
₹0.55(0.88%)
Indian Market opens in 16h 50m

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

VGL.BO Technical Analysis Summary (BSE)

Varvee Global Limited (BSE: VGL.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: 42.90)
Trend Strength:Weak (ADX: 14.54)
Volatility:Medium (ATR: 2.67)
Support/Resistance:$60.90 – $65.15 (Bollinger Bands)

Technical conditions suggest Varvee Global Limited on the BSE is awaiting a decisive move. Technical conditions suggest Varvee Global Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.90

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 48.36

Neutral
Mid-range signal with no clear trend.

Williams %R: -56.66

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.18

Bearish
Selling pressure outweighs buying.

Takeaway:Varvee Global Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.54

Weak
Weak trend, market trading sideways.

ATR (14): 2.67

Medium
Medium volatility, healthy price movement.

CCI (14): -129.61

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Varvee Global Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$65.15
Middle Band (SMA 20)
$63.03
Lower Band
$60.90
Current Position
Within Bands

Takeaway:Varvee Global Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$68.79
Middle Line (EMA 20)
$63.46
Lower Channel
$58.12
Squeeze Status
Squeeze On

Takeaway:Varvee Global Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume61.76K
Money Flow Index26.29Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.25Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Varvee Global Limited (BSE: VGL.BO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Varvee Global Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: VGL.BO) Technical Analysis FAQ