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Cement

BWCL Bestway Cement Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 447.15 +0.91%

Technical analysis · updated after the close, 16 Oct 2026

Bestway Cement Limited (BWCL) technical analysis

BWCL closed at Rs 447.15 on 16 Oct 2026 (+0.91%). The daily picture is neutral: the price is above 3 of its 6 simple moving averages, MACD is above its signal line and RSI at 46.9 is neutral. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily R1 at 445.74, resistance R2 at 448.36.

Daily

Neutral

Weekly

Bearish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 46.92 Neutral
Stochastic %K (14, 3, 3) 69.98 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 23.69 Neutral
ADX (14) 43.91 Bearish
Williams %R (14) -15.58 Neutral
MACD (12, 26, 9) -4.80 Bullish
Momentum (10) 1.59 Bullish
Ultimate Oscillator (7, 14, 28) 52.77 Neutral
Bull Bear Power (13) -0.11 Bearish

Moving averages

Bearish

5 bullish · 0 neutral · 7 bearish

Period Simple Exponential
MA 10 442.23 443.63
MA 20 444.39 446.08
MA 30 445.69 450.42
MA 50 464.41 457.85
MA 100 472.46 467.09
MA 200 475.58 473.78

Support & resistance

Daily pivots
  • R3 450.73
  • R2 448.36
  • R1 445.74
  • Pivot 443.37
  • S1 440.75
  • S2 438.38
  • S3 435.76
  • Close 447.15

Pivot points

Level Classic Fibonacci Camarilla
R3 450.73 448.36 444.49
R2 448.36 446.45 444.03
R1 445.74 445.28 443.58
Pivot 443.37 443.37 443.37
S1 440.75 441.46 442.66
S2 438.38 440.29 442.21
S3 435.76 438.38 441.75

Range & volatility

52-week range

386.00629.85

ATR (14)
7.241.6% of price
Bollinger Bands (20, 2)
438.82 – 449.96
From the 52-week high
-29.0%
Bars analysed
4,042

Oscillators

Bearish

1 bullish · 5 neutral · 4 bearish

Indicator Value Reading
RSI (14) 39.92 Neutral
Stochastic %K (14, 3, 3) 17.77 Bullish
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) -94.14 Neutral
ADX (14) 22.56 Bearish
Williams %R (14) -79.58 Neutral
MACD (12, 26, 9) -9.85 Bearish
Momentum (10) -54.55 Bearish
Ultimate Oscillator (7, 14, 28) 48.00 Neutral
Bull Bear Power (13) -44.37 Bearish

Moving averages

Bearish

3 bullish · 0 neutral · 9 bearish

Period Simple Exponential
MA 10 463.71 458.49
MA 20 474.66 467.60
MA 30 468.16 472.55
MA 50 486.56 472.99
MA 100 462.98 439.23
MA 200 325.23 363.42

Support & resistance

Weekly pivots
  • R3 464.69
  • R2 457.31
  • R1 450.75
  • Pivot 443.37
  • S1 436.81
  • S2 429.43
  • S3 422.87
  • Close 447.15

Pivot points

Level Classic Fibonacci Camarilla
R3 464.69 457.31 448.01
R2 457.31 451.99 446.74
R1 450.75 448.70 445.46
Pivot 443.37 443.37 443.37
S1 436.81 438.05 442.90
S2 429.43 434.76 441.62
S3 422.87 429.43 440.35

Range & volatility

52-week range

386.00629.85

ATR (14)
21.094.7% of price
Bollinger Bands (20, 2)
425.24 – 524.08
From the 52-week high
-29.0%
Bars analysed
1,097

Oscillators

Neutral

2 bullish · 5 neutral · 3 bearish

Indicator Value Reading
RSI (14) 53.18 Neutral
Stochastic %K (14, 3, 3) 24.33 Neutral
Stochastic RSI (14, 3, 3) 0.23 Bullish
CCI (20) -48.74 Neutral
ADX (14) 45.80 Bullish
Williams %R (14) -79.73 Neutral
MACD (12, 26, 9) 39.73 Bearish
Momentum (10) -77.54 Bearish
Ultimate Oscillator (7, 14, 28) 47.76 Neutral
Bull Bear Power (13) -51.23 Bearish

Moving averages

Bullish

8 bullish · 0 neutral · 4 bearish

Period Simple Exponential
MA 10 468.46 469.10
MA 20 482.28 448.69
MA 30 416.26 414.31
MA 50 314.19 355.31
MA 100 222.64 271.51
MA 200 160.51 187.26

Support & resistance

Monthly pivots
  • R3 536.27
  • R2 511.60
  • R1 479.33
  • Pivot 454.66
  • S1 422.39
  • S2 397.72
  • S3 365.45
  • Close 447.15

Pivot points

Level Classic Fibonacci Camarilla
R3 536.27 511.60 462.71
R2 511.60 489.85 457.49
R1 479.33 476.41 452.27
Pivot 454.66 454.66 454.66
S1 422.39 432.91 441.83
S2 397.72 419.47 436.61
S3 365.45 397.72 431.39

Range & volatility

52-week range

386.00629.85

ATR (14)
56.1912.6% of price
Bollinger Bands (20, 2)
344.69 – 619.88
From the 52-week high
-29.0%
Bars analysed
289

How these readings work

Computed after each close from BWCL'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.

Pattern signals for BWCL → BWCL overview and price history →