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BN Agrochem (BNAGROCHEM) — Technical Setup
₹111.98 +1.76% Strong Downtrend Volatility Expansion Strong bearish
Summary
BN Agrochem is in a strong downtrend on the daily chart. RSI(14) is 18.5, MACD is below its signal line, ADX reads 55 (trending). Volume in the latest session was 0.1× its 20-day average. Over three months it has underperformed the Nifty 50 by 55.7 percentage points. Nearest resistance is ₹194.91. Its technical score is 17/100 (strong bearish).
🧮 How the 17/100 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 (-25.61)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) (54.60)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (18.48)0/6
- MACD line above its signal line0/4
- MACD line above zero (-26.19)0/3
- 12-day rate of change positive (-32.72)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-55.72)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.25)5/5
- More volume on up days than down days (20 sessions) (1.51)5/5
- Close above 20-day VWAP (-40.26)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (10.00)0/6
- Price in the upper half of its Bollinger Bands (0.18)0/5
- Shallow drawdown from the 52-week high (-71.64)0/5
- Volatility contracting (20-day volatility below its 6-month median) (69.00)0/4
- Room to the next resistance (≥8% scores full) (74.06)5/5
- Support close below (a tight, definable stop)0/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-71.64)0/5
🧭 Regime: Strong Downtrend
Volatility Expansion — Bollinger width is in the 100th 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 BNAGROCHEM — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 18.48 | -3.89 |
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. Price fell over 20 sessions while OBV rose (bullish price-volume divergence).
💪 Relative strength
BNAGROCHEM ÷ 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 | ₹264.08 | +135.8% | 2 |
| Resistance | ₹249.00 | +122.4% | 3 |
| Resistance | ₹221.15 | +97.5% | 1 |
| Resistance | ₹194.91 | +74.1% | 2 |
| Close | ₹111.98 | — |
52-week range: ₹105.60 – ₹394.80 (-71.64% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹394.80 (2026-06-01) to ₹105.60 (2026-10-30). Price has retraced 2.2% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹173.85 | +55.2% | nearest |
| 38.2% retracement | ₹216.07 | +93.0% | |
| 50.0% retracement | ₹250.20 | +123.4% | S/R confluence |
| 61.8% retracement | ₹284.33 | +153.9% | |
| 78.6% retracement | ₹332.91 | +197.3% | |
| 127.2% extension | ₹26.94 | -75.9% |
🕯️ 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 BNAGROCHEM passes today
⚠️ 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.
