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19tech score
/ 100

Black Rose Indus (BLACKROSE) — Technical Setup

₹94.84 -1.52%   Strong Downtrend Normal Volatility Strong bearish

As of 2026-11-02 close Sector: Chemicals Specialty Chemicals All technical setups →

Summary

Black Rose Indus is in a strong downtrend on the daily chart. RSI(14) is 34.0, MACD is below its signal line, ADX reads 31 (trending). Volume in the latest session was 1.1× its 20-day average. Over three months it has underperformed the Nifty 50 by 10.5 percentage points. Nearest support is ₹93.08 and resistance ₹100.00. Its technical score is 19/100 (strong bearish).

Trend (daily)
Bearish
Trend (weekly)
—
Trend (monthly)
—
RSI (14)
33.99
MACD
Bearish
ADX (14)
31.38
Volume vs 20d avg
1.10×
Support
₹93.08 (−1.9%)
Resistance
₹100.00 (+5.4%)
RS vs Nifty (3M)
-10.51%
RS rating
56.00

🧮 How the 19/100 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.

Trend0/20
  • Close above 20-day EMA (-5.27)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 up0/3
  • ADX ≥ 20 with +DI above −DI (trend has strength) (31.38)0/3
  • Weekly trend up (above a rising 30-week average)0/2
Momentum2/20
  • RSI(14) in the bullish zone (55-70 best) (33.99)0/6
  • MACD line above its signal line0/4
  • MACD line above zero (-4.00)0/3
  • 12-day rate of change positive (-9.48)0/3
  • Stochastic %K above %D2/2
  • Outperforming the Nifty 50 over 3 months (-10.51)0/2
Volume0/20
  • On-balance volume rising over 20 sessions0/5
  • Chaikin Money Flow (20) positive (-0.39)0/5
  • More volume on up days than down days (20 sessions) (0.34)0/5
  • Close above 20-day VWAP (-7.63)0/5
Volatility9/20
  • Daily range (ATR%) contained — ≤2.5% scores full (4.66)2/6
  • Price in the upper half of its Bollinger Bands (0.23)2/5
  • Shallow drawdown from the 52-week high (-26.99)1/5
  • Volatility contracting (20-day volatility below its 6-month median) (0.90)4/4
Support / Resistance8/20
  • Room to the next resistance (≥8% scores full) (5.44)3/5
  • Support close below (a tight, definable stop) (1.86)5/5
  • Broke above a 20-day high in the last 5 sessions0/5
  • Within 5% of the 52-week high (-26.99)0/5

🧭 Regime: Strong Downtrend

Normal Volatility — Bollinger width is in the 52th percentile of the last six months.

Suits: Avoid longs / trend-following shorts. A strong downtrend: rallies are usually sold. Long setups need a completed reversal pattern first.

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 SuperTrend (10,3) rules for BLACKROSE — supertrend (10,3) flips to an uptrend.

🕰️ Multi-timeframe

TimeframeTrendRSI (14)MACD hist.
Monthly———
Weekly———
Daily▼ Bearish33.99-0.39

Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.

📶 Volume & VWAP

Relative volume
1.10×
5d / 20d volume
0.45×
Volume ROC (10d)
-30.24%
Up/down volume
0.34×
OBV (20d)
Falling / flat
Chaikin MF (20)
-0.39
VWAP 20d
₹102.67 (-7.63%)
VWAP 50d
₹109.51 (-13.40%)
Anchored VWAP · 52W low
₹111.18 (-14.70%)
Anchored VWAP · 52W high
₹115.70 (-18.03%)
Anchored VWAP · YTD
₹111.15 (-14.67%)
Avg turnover (20d)
₹0.21 Cr

VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.

💪 Relative strength

vs Nifty 1M
-21.72%
vs Nifty 3M
-10.51%
vs Nifty 6M
+14.23%
vs Nifty 1Y
—
RS rating
56.00
Mansfield RS
—
vs Chemicals index 3M
-4.34%
vs sector peers 3M
-6.35%

BLACKROSE ÷ 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.

LevelPriceDistanceTouches
Resistance₹119.50+26.0%3
Resistance₹110.68+16.7%1
Resistance₹102.80+8.4%1
Resistance₹100.00+5.4%1
Close₹94.84—
Support₹93.08−1.9%2
Support₹87.61−7.6%1
Support₹84.50−10.9%1

52-week range: ₹80.05 – ₹129.90 (-26.99% from the high).

🌀 Fibonacci

Measuring the up-swing from ₹83.50 (2026-05-05) to ₹129.90 (2026-06-23). Price has retraced 75.6% of it.

RatioPriceDistance
23.6% retracement₹118.95+25.4%S/R confluence
38.2% retracement₹112.18+18.3%
50.0% retracement₹106.70+12.5%
61.8% retracement₹101.22+6.7%
78.6% retracement₹93.43-1.5%S/R confluence nearest
127.2% extension₹142.52+50.3%
161.8% extension₹158.58+67.2%
200.0% extension₹176.30+85.9%

🕯️ Candlesticks (last 5 sessions)

No classic candlestick pattern in the last five sessions.

↗️ Divergences

No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.

🏭 Chemicals peers by technical score
Stock Close Chg Score Trend regimeRS rating (1-99)
KRISHANAKrishana Phoschem Limited ₹235.07 +2.85% 85 Strong Uptrend 97.00
MBAPLMadhya Bharat Agro Products Limited ₹185.83 +4.92% 81 Uptrend 96.00
SHREEPUSHKShree Pushkar Chemicals & Fertilisers Limited ₹569.95 -5.42% 78 Strong Uptrend 93.00
GRAUWEILGrauer & Weil ₹80.81 +0.66% 73 Range 75.00
OALOriental Aromatics Limited ₹588.90 +3.44% 71 Strong Uptrend 97.00
NAVINFLUORNavin Fluorine International Limited ₹8,406.00 -3.16% 67 Uptrend 89.00
KIRIINDUSKiri Industries Limited ₹532.50 -1.22% 66 Strong Uptrend 82.00
CASTROLINDCastrol India Limited ₹196.49 +4.52% 63 Uptrend 71.00
DHANUKADhanuka Agritech Limited ₹963.10 -1.74% 63 Range 41.00
GULFPETROGP Petroleums Limited ₹66.01 +1.04% 62 Uptrend 96.00
🔗 More on BLACKROSE

⚠️ 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.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI