Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Milgrey Finance and Investments Limited

ZMILGFIN.BO•BSE
Financial Services
Financial - Conglomerates
₹61.48
₹3.52(6.07%)
Indian Market opens in 6h 37m

Milgrey Finance and Investments Limited (ZMILGFIN.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Milgrey Finance and Investments Limited (BSE:ZMILGFIN.BO).

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

ZMILGFIN.BO Technical Analysis Summary

Milgrey Finance and Investments Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.52)
Trend Strength:Very Strong (ADX: 45.87)
Volatility:High (ATR: 5.14)
Support/Resistance:$51.56 – $60.47 (Bollinger Bands)

Technical conditions suggest Milgrey Finance and Investments Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.52

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 46.80

Neutral
Mid-range signal with no clear trend.

Williams %R: -46.15

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.47

Neutral
Price change is minimal.

Takeaway:Milgrey Finance and Investments Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 45.87

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 5.14

High
High volatility, wide price fluctuations.

CCI (14): 141.91

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Milgrey Finance and Investments Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$60.47
Middle Band (SMA 20)
$56.02
Lower Band
$51.56
Current Position
Above Upper Band

Takeaway:Milgrey Finance and Investments Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$66.70
Middle Line (EMA 20)
$56.41
Lower Channel
$46.13
Squeeze Status
Squeeze On

Takeaway:Milgrey Finance and Investments Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.20M
Money Flow Index14.00Bullish, oversold conditions signal rebound potential.
Relative Vigor Index71.52Bullish, price momentum strongly favors buyers.

Overall Takeaway:ZMILGFIN.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Milgrey Finance and Investments Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

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

Technical Analysis FAQ