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Bengal & Assam (BENGALASM) — Technical Setup
₹6,200 -0.21% Range Volatility Expansion Bearish
Summary
Bengal & Assam is in a range on the daily chart. RSI(14) is 45.4, MACD is below its signal line, ADX reads 17 (weak trend). Volume in the latest session was 0.2× its 20-day average. Over three months it has outperformed the Nifty 50 by 1.0 percentage points. Nearest support is ₹6,138.00 and resistance ₹6,400.00. Its technical score is 25/100 (bearish).
🧮 How the 25/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-1.13)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (17.21)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (45.41)2/6
- MACD line above its signal line0/4
- MACD line above zero (-9.33)0/3
- 12-day rate of change positive (-6.94)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (0.98)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.29)0/5
- More volume on up days than down days (20 sessions) (0.74)0/5
- Close above 20-day VWAP (-1.28)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (2.82)4/6
- Price in the upper half of its Bollinger Bands (0.32)2/5
- Shallow drawdown from the 52-week high (-14.70)3/5
- Volatility contracting (20-day volatility below its 6-month median) (61.20)0/4
- Room to the next resistance (≥8% scores full) (3.23)1/5
- Support close below (a tight, definable stop) (0.99)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-14.70)2/5
🧭 Regime: Range
Volatility Expansion — Bollinger width is in the 54th percentile of the last six months.
Suits: Mean reversion / range trading. No directional edge: buy near range support, sell near resistance, and treat breakouts with suspicion until volume confirms them.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the Bollinger Band Reversion rules for BENGALASM — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 45.41 | -12.42 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.
💪 Relative strength
BENGALASM ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹7,268.00 | +17.2% | 1 |
| Resistance | ₹6,750.00 | +8.9% | 2 |
| Resistance | ₹6,554.50 | +5.7% | 1 |
| Resistance | ₹6,400.00 | +3.2% | 3 |
| Close | ₹6,200 | — | |
| Support | ₹6,138.00 | −1.0% | 5 |
52-week range: ₹5,846 – ₹7,268 (-14.70% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹5,845.85 (2026-04-20) to ₹7,268.00 (2026-06-05). Price has retraced 75.1% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹6,932.37 | +11.8% | |
| 38.2% retracement | ₹6,724.74 | +8.5% | S/R confluence |
| 50.0% retracement | ₹6,556.93 | +5.8% | S/R confluence |
| 61.8% retracement | ₹6,389.11 | +3.1% | S/R confluence |
| 78.6% retracement | ₹6,150.19 | -0.8% | S/R confluence nearest |
| 127.2% extension | ₹7,654.82 | +23.5% | |
| 161.8% extension | ₹8,146.89 | +31.4% | |
| 200.0% extension | ₹8,690.15 | +40.2% |
🕯️ Candlesticks (last 5 sessions)
- Bearish Marubozu 2026-09-17 bearish Weak · 30
- Doji 2026-09-16 neutral Weak · 20
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| GCSLGretex Corporate Services Limited | ₹618.55 | +4.07% | 93 | Uptrend | 95.00 |
| CONSOFINVTConsolidated Finvest & Holdings Limited | ₹302.20 | +0.53% | 86 | Strong Uptrend | 90.00 |
| ANANDRATHIAnand Rathi Wealth Limited | ₹2,229 | +1.00% | 84 | Strong Uptrend | 85.00 |
| PAISALOPaisalo Digital Limited | ₹89.51 | +0.88% | 84 | Strong Uptrend | 97.00 |
| RELIGAREReligare Enterprises Limited | ₹253.02 | +1.25% | 84 | Uptrend | 58.00 |
| HOMEFIRSTHome First Finance Company India Limited | ₹1,241 | +5.80% | 81 | Uptrend | 67.00 |
| NORTHARCNorthern Arc Capital Limited | ₹313.60 | +0.98% | 81 | Strong Uptrend | 74.00 |
| SHAREINDIAShare India Securities Limited | ₹228.15 | +4.45% | 81 | Strong Uptrend | 93.00 |
| ABSLAMCAditya Birla Sun Life AMC Limited | ₹1,060 | -2.72% | 80 | Range | 67.00 |
| PRIMESECUPrime Securities Limited | ₹296.85 | +0.95% | 79 | Strong Uptrend | 58.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.