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Mcnally Bharat Engineering Company Limited (MBECL) — Technical Setup
₹314.90 +0.69% Range Normal Volatility Bearish
Summary
Mcnally Bharat Engineering Company Limited is in a range on the daily chart. RSI(14) is 26.3, MACD is below its signal line, ADX reads 43 (trending). The stock trades 97.2% above its 200-day average and 38.7% below its 52-week high. Volume in the latest session was 1.2× its 20-day average. Over three months it has outperformed the Nifty 50 by 327.3 percentage points. Nearest support is ₹130.60 and resistance ₹513.90. Its technical score is 28/100 (bearish).
🧮 How the 28/100 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 (-11.38)0/3
- 20-day EMA above 50-day EMA3/3
- 50-day EMA above 200-day EMA3/3
- Close above 200-day SMA (97.20)3/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (43.01)0/3
- Weekly trend up (above a rising 30-week average)2/2
- RSI(14) in the bullish zone (55-70 best) (26.27)0/6
- MACD line above its signal line0/4
- MACD line above zero (-20.57)0/3
- 12-day rate of change positive (-17.13)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (327.33)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) (0.06)0/5
- Close above 20-day VWAP (-4.95)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.11)4/6
- Price in the upper half of its Bollinger Bands (0.19)0/5
- Shallow drawdown from the 52-week high (-38.72)0/5
- Volatility contracting (20-day volatility below its 6-month median) (4.80)4/4
- Room to the next resistance (≥8% scores full) (63.19)5/5
- Support close below (a tight, definable stop) (58.53)0/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-38.72)0/5
🧭 Regime: Range
Normal Volatility — Bollinger width is in the 71th 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 MBECL — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | ▲ Bullish | 59.54 | 2.67 |
| Daily | ◆ Neutral | 26.27 | -9.40 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bearish, weekly ADX 40.28.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
MBECL ÷ 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 | ₹513.90 | +63.2% | 1 |
| Close | ₹314.90 | — | |
| Support | ₹130.60 | −58.5% | 1 |
| Support | ₹117.30 | −62.8% | 2 |
| Support | ₹98.20 | −68.8% | 1 |
| Support | ₹85.00 | −73.0% | 7 |
52-week range: ₹57.20 – ₹513.90 (-38.72% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹57.20 (2025-02-19) to ₹513.90 (2026-10-06). Price has retraced 43.6% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹406.12 | +29.0% | |
| 38.2% retracement | ₹339.44 | +7.8% | nearest |
| 50.0% retracement | ₹285.55 | -9.3% | |
| 61.8% retracement | ₹231.66 | -26.4% | |
| 78.6% retracement | ₹154.93 | -50.8% | |
| 127.2% extension | ₹638.12 | +102.6% | |
| 161.8% extension | ₹796.14 | +152.8% | |
| 200.0% extension | ₹970.60 | +208.2% |
Next Fibonacci time zone: 55 sessions from the swing start ≈ 2026-11-19 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Bullish Marubozu 2026-11-09 bullish Strong · 80
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.
✅ Screens MBECL passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| DLFDLF Limited | ₹769.30 | +3.59% | 91 | Strong Uptrend | 80.00 |
| ENGINERSINEngineers India Limited | ₹307.55 | -1.17% | 88 | Strong Uptrend | 92.00 |
| SIMPLEXINFSimplex Infrastructures Limited | ₹302.20 | +3.97% | 88 | Strong Uptrend | 82.00 |
| SHREEJISPGShreeji Shipping Global Limited | ₹886.95 | +0.65% | 87 | Strong Uptrend | 98.00 |
| PHOENIXLTDThe Phoenix Mills Limited | ₹2,292.00 | +5.57% | 86 | Strong Uptrend | 86.00 |
| TEXINFRATexmaco Infrastructure & Holdings Limited | ₹128.07 | -2.27% | 86 | Uptrend | 83.00 |
| BHARTIARTLBharti Airtel Limited | ₹2,096.00 | -0.62% | 85 | Strong Uptrend | 71.00 |
| PRESTIGEPrestige Estates Projects Limited | ₹1,693.90 | +4.24% | 85 | Uptrend | 72.00 |
| ALEMBICLTDAlembic Limited | ₹114.28 | -1.20% | 84 | Strong Uptrend | 84.00 |
| ISGECIsgec Heavy Engineering Limited | ₹988.30 | -0.03% | 84 | Strong Uptrend | 78.00 |
⚠️ 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.
