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Textile Composite

BHAT Bhanero Textile Mills Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 801.86 0.00%

Technical analysis · updated after the close, 16 Oct 2026

Bhanero Textile Mills Limited (BHAT) technical analysis

BHAT closed at Rs 801.86 on 16 Oct 2026 (0.00%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is below its signal line and RSI at 47.3 is neutral. The weekly trend is strongly bearish, and the monthly chart is strongly bearish. Nearest support is the daily S1 at 794.91, resistance the pivot at 806.95.

Daily

Bearish

Weekly

Strongly bearish

Monthly

Strongly bearish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 47.33 Neutral
Stochastic %K (14, 3, 3) 19.90 Bullish
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -59.14 Neutral
ADX (14) 12.07 Neutral
Williams %R (14) -82.09 Neutral
MACD (12, 26, 9) -7.23 Bearish
Momentum (10) -14.68 Neutral
Ultimate Oscillator (7, 14, 28) 49.19 Neutral
Bull Bear Power (13) -22.67 Bearish

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 792.10 799.64
MA 20 809.38 805.20
MA 30 811.52 809.70
MA 50 816.91 817.27
MA 100 836.46 832.78
MA 200 859.17 853.38

Support & resistance

Daily pivots
  • R3 832.91
  • R2 825.95
  • R1 813.91
  • Pivot 806.95
  • S1 794.91
  • S2 787.95
  • S3 775.91
  • Close 801.86

Pivot points

Level Classic Fibonacci Camarilla
R3 832.91 825.95 807.09
R2 825.95 818.70 805.34
R1 813.91 814.21 803.60
Pivot 806.95 806.95 806.95
S1 794.91 799.70 800.12
S2 787.95 795.21 798.38
S3 775.91 787.95 796.63

Range & volatility

52-week range

726.061,040.00

ATR (14)
26.993.4% of price
Bollinger Bands (20, 2)
764.84 – 853.93
From the 52-week high
-22.9%
Bars analysed
1,434

Oscillators

Neutral

1 bullish · 8 neutral · 1 bearish

Indicator Value Reading
RSI (14) 43.22 Neutral
Stochastic %K (14, 3, 3) 23.65 Neutral
Stochastic RSI (14, 3, 3) 76.36 Neutral
CCI (20) -83.38 Neutral
ADX (14) 13.08 Neutral
Williams %R (14) -71.18 Neutral
MACD (12, 26, 9) -17.97 Bearish
Momentum (10) -43.71 Bullish
Ultimate Oscillator (7, 14, 28) 47.22 Neutral
Bull Bear Power (13) -44.43 Neutral

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 814.20 814.46
MA 20 834.96 828.91
MA 30 837.00 839.39
MA 50 864.97 852.89
MA 100 854.79 878.55
MA 200 963.35 897.11

Support & resistance

Weekly pivots
  • R3 855.42
  • R2 837.64
  • R1 810.58
  • Pivot 792.80
  • S1 765.74
  • S2 747.96
  • S3 720.90
  • Close 801.86

Pivot points

Level Classic Fibonacci Camarilla
R3 855.42 837.64 795.86
R2 837.64 820.51 791.75
R1 810.58 809.93 787.64
Pivot 792.80 792.80 792.80
S1 765.74 775.67 779.42
S2 747.96 765.09 775.31
S3 720.90 747.96 771.20

Range & volatility

52-week range

726.061,040.00

ATR (14)
71.789.0% of price
Bollinger Bands (20, 2)
768.31 – 901.62
From the 52-week high
-22.9%
Bars analysed
617

Oscillators

Bearish

0 bullish · 7 neutral · 3 bearish

Indicator Value Reading
RSI (14) 42.43 Neutral
Stochastic %K (14, 3, 3) 26.94 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -85.19 Neutral
ADX (14) 10.84 Neutral
Williams %R (14) -75.86 Neutral
MACD (12, 26, 9) -29.62 Bearish
Momentum (10) -53.14 Bearish
Ultimate Oscillator (7, 14, 28) 52.30 Neutral
Bull Bear Power (13) -97.53 Bearish

Moving averages

Strongly bearish

0 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 879.61 854.17
MA 20 870.66 876.84
MA 30 895.14 896.41
MA 50 934.52 917.60
MA 100 944.34 872.93
MA 200 — —

Support & resistance

Monthly pivots
  • R3 1,069.16
  • R2 997.08
  • R1 919.17
  • Pivot 847.09
  • S1 769.18
  • S2 697.10
  • S3 619.19
  • Close 801.86

Pivot points

Level Classic Fibonacci Camarilla
R3 1,069.16 997.08 882.51
R2 997.08 939.78 868.76
R1 919.17 904.39 855.01
Pivot 847.09 847.09 847.09
S1 769.18 789.79 827.51
S2 697.10 754.40 813.76
S3 619.19 697.10 800.01

Range & volatility

52-week range

726.061,040.00

ATR (14)
146.0718.2% of price
Bollinger Bands (20, 2)
741.61 – 999.71
From the 52-week high
-22.9%
Bars analysed
198

How these readings work

Computed after each close from BHAT's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

History before 7 Apr 2009 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

Pattern signals for BHAT → BHAT overview and price history →