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Textile Spinning

DWTM Dewan Textile Mills Limited

Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026

Last close · 16 Oct 2026

Rs 10.21 +7.36%

Technical analysis · updated after the close, 16 Oct 2026

Dewan Textile Mills Limited (DWTM) technical analysis

DWTM closed at Rs 10.21 on 16 Oct 2026 (+7.36%). The daily picture is strongly bullish: the price is above 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 54.6 is neutral. The weekly trend is bullish, and the monthly chart is bullish. Nearest support is the daily R1 at 9.92, resistance R2 at 10.33.

Daily

Strongly bullish

Weekly

Bullish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Bullish

3 bullish · 7 neutral · 0 bearish

Indicator Value Reading
RSI (14) 54.62 Neutral
Stochastic %K (14, 3, 3) 60.20 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 99.55 Neutral
ADX (14) 13.55 Neutral
Williams %R (14) -20.71 Neutral
MACD (12, 26, 9) 0.00 Bullish
Momentum (10) 0.18 Bullish
Ultimate Oscillator (7, 14, 28) 72.11 Bullish
Bull Bear Power (13) -0.18 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 9.96 9.93
MA 20 9.81 9.92
MA 30 9.90 9.92
MA 50 10.08 9.91
MA 100 9.90 9.75
MA 200 9.33 9.25

Support & resistance

Daily pivots
  • R3 10.66
  • R2 10.33
  • R1 9.92
  • Pivot 9.59
  • S1 9.18
  • S2 8.85
  • S3 8.44
  • Close 10.21

Pivot points

Level Classic Fibonacci Camarilla
R3 10.66 10.33 9.71
R2 10.33 10.05 9.65
R1 9.92 9.87 9.58
Pivot 9.59 9.59 9.59
S1 9.18 9.31 9.44
S2 8.85 9.13 9.37
S3 8.44 8.85 9.31

Range & volatility

52-week range

5.2013.90

ATR (14)
0.939.1% of price
Bollinger Bands (20, 2)
9.24 – 10.38
From the 52-week high
-26.5%
Bars analysed
922

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 53.28 Neutral
Stochastic %K (14, 3, 3) 43.53 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) -2.58 Neutral
ADX (14) 33.43 Bullish
Williams %R (14) -47.45 Neutral
MACD (12, 26, 9) 0.28 Bearish
Momentum (10) 0.77 Bearish
Ultimate Oscillator (7, 14, 28) 56.05 Neutral
Bull Bear Power (13) -0.43 Bearish

Moving averages

Strongly bullish

11 bullish · 0 neutral · 1 bearish

Period Simple Exponential
MA 10 10.31 10.07
MA 20 10.08 9.92
MA 30 9.63 9.67
MA 50 8.99 9.18
MA 100 8.10 8.14
MA 200 6.04 6.48

Support & resistance

Weekly pivots
  • R3 11.68
  • R2 11.04
  • R1 10.49
  • Pivot 9.85
  • S1 9.30
  • S2 8.66
  • S3 8.11
  • Close 10.21

Pivot points

Level Classic Fibonacci Camarilla
R3 11.68 11.04 10.27
R2 11.04 10.59 10.16
R1 10.49 10.30 10.05
Pivot 9.85 9.85 9.85
S1 9.30 9.40 9.83
S2 8.66 9.11 9.72
S3 8.11 8.66 9.61

Range & volatility

52-week range

5.2013.90

ATR (14)
1.8017.6% of price
Bollinger Bands (20, 2)
8.55 – 11.61
From the 52-week high
-26.5%
Bars analysed
303

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 56.90 Neutral
Stochastic %K (14, 3, 3) 57.05 Neutral
Stochastic RSI (14, 3, 3) 46.40 Neutral
CCI (20) 73.12 Neutral
ADX (14) 45.81 Bullish
Williams %R (14) -42.41 Neutral
MACD (12, 26, 9) 1.19 Bullish
Momentum (10) 2.95 Bearish
Ultimate Oscillator (7, 14, 28) 50.01 Neutral
Bull Bear Power (13) 1.18 Neutral

Moving averages

Strongly bullish

8 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 9.72 9.44
MA 20 8.32 8.55
MA 30 7.79 7.77
MA 50 5.93 6.60
MA 100 — —
MA 200 — —

Support & resistance

Monthly pivots
  • R3 14.45
  • R2 13.05
  • R1 11.38
  • Pivot 9.98
  • S1 8.31
  • S2 6.91
  • S3 5.24
  • Close 10.21

Pivot points

Level Classic Fibonacci Camarilla
R3 14.45 13.05 10.56
R2 13.05 11.87 10.28
R1 11.38 11.15 10.00
Pivot 9.98 9.98 9.98
S1 8.31 8.80 9.44
S2 6.91 8.08 9.16
S3 5.24 6.91 8.88

Range & volatility

52-week range

5.2013.90

ATR (14)
2.8427.8% of price
Bollinger Bands (20, 2)
4.62 – 12.01
From the 52-week high
-26.5%
Bars analysed
88

How these readings work

Computed after each close from DWTM'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 13 May 2019 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 DWTM → DWTM overview and price history →