/ 100
Black Rose Indus (BLACKROSE) — Technical Setup
₹94.84 -1.52% Strong Downtrend Normal Volatility Strong bearish
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).
🧮 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.
- 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
- 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
- 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
- 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
- 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
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 33.99 | -0.39 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.
💪 Relative strength
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.
| Level | Price | Distance | Touches |
|---|---|---|---|
| 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.
| Ratio | Price | Distance | |
|---|---|---|---|
| 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.
✅ Screens BLACKROSE passes today
| Stock | Close | Chg | Score | Trend regime | RS 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 |
⚠️ 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.