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Force Motors technical analysis: RSI, MACD, moving averages and F&O

NSE: FORCEMOTBSE: 500033AutomobilesSmall Cap

FORCE MOTORS LTD · Formerly Bajaj Tempo · Face value ₹10 · Listed Apr 1964 on BSE, Aug 2019 on NSE
Last close ₹16,856.00down ₹238.00 (1.39%)BSE ₹16,859.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹17,094.00.

29 Oct: open ₹16,860.00, high ₹17,390.00, low ₹16,779.00

52-week range of traded prices to 29 Oct 2026
₹16,184.00Low, 23 Oct 2026₹26,450.00High, 18 Feb 2026
Market cap
₹22,210 Cr292nd largest listed
P/E
18.58
P/E without one-offs
22.57
P/B
4.79
Dividend yield
0.30%
ROE
29.3%
ROE without one-offs
24.2%
ROCE
26.8%
Debt to equity
0.00
Volume, NSE
89,58623.8% delivered

Force Motors' technical indicators on adjusted prices to 29 Oct 2026: moving averages, RSI, MACD, Bollinger bands, beta against the Nifty 500, pivot levels, and futures and options with its lot size.

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 29 Oct 2026.Force Motors share price history

From the 52-week high
−36.3%

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 0 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 29 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹16,862.600.0%
10 days₹17,080.70−1.3%₹16,997.75−0.8%
20 days₹17,021.35−1.0%₹17,071.88−1.3%
30 days₹17,119.83−1.5%
50 days₹17,325.90−2.7%₹17,357.58−2.9%
100 days₹17,741.82−5.0%₹17,861.97−5.6%
150 days₹18,632.91−9.5%
200 days₹19,394.23−13.1%₹18,377.67−8.3%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
84Below, 30 Jun 2026 at ₹18,580.00
200-day average, 20-session change
−0.8%
Sessions above the 200-day average
140of the last 250
Closes above the 20-day average
35%of the last 60 sessions
Volume-weighted average, 20 days
₹17,024.57
Hull moving average, 9 days
₹17,007.66
Ichimoku base line, 26 sessions
₹17,068.50

RSI, MACD and other oscillators

Adjusted prices, to 29 Oct 2026.

  • RSI, 14 days46.1
  • Money flow index, 14 days63.4
  • Stochastic %K38.0
  • Stochastic %D52.3
  • Stochastic RSI43.3
  • Williams %R, 14 days−62.0
  • Ultimate oscillator47.1
  • ADX, 14 days12.7
  • Positive directional indicator19.8
  • Negative directional indicator18.2
MACD line
−111.31In rupees
MACD signal line
−116.63In rupees
MACD histogram
5.32In rupees
Awesome oscillator
−351.67In rupees
Momentum, 10 sessions
−414.00In rupees
Bull bear power, 13 days
131.12In rupees
Commodity channel index, 20 days
−4.6No fixed range
Rate of change, 21 sessions
−1.4%Change in the close
Rate of change, 125 sessions
−19.7%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 29 Oct 2026.

Bollinger bands today

Close ₹16,856.00
Lower band₹16,346.0320-day average₹17,021.35Upper band₹17,696.67
Twice the spread of the last 20 closes either side of their average.
Average true range
₹536.73In rupees, 14 days
Average true range, % of price
3.18%Of the close
Volatility, 20 days
30.5%A year
Volatility, 30 days
26.8%A year
Volatility, 60 days
28.1%A year
Bollinger band width
7.9%Of the 20-day average
  • 30-day volatility, place in its year8%
  • Band width, place in its year11%
  • 21-session change, place in its year52%

Beta, highs and deepest falls

Against the Nifty 500. The 1-year beta, 3-year beta, 3-year fall, 5-year fall and correlation to 23 Oct 2026, the rest to 29 Oct 2026.Force Motors PE ratio and valuation

Beta against the Nifty 500

  • 1 month1.31
  • 3 months1.29
  • 1 year1.88
  • 3 years1.63
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−36.4%
  • 3 years24 Apr 2024 to 25 Oct 2024; Nifty 500 +8.5% over the same days−37.6%
  • 5 years16 Nov 2021 to 20 Jun 2022; Nifty 500 −16.6% over the same days−44.5%
Highest close since Aug 2019
₹25,776.0017 Feb 2026, 254 days before 29 Oct 2026
Correlation, 1 year
0.61
Correlation, 3 years
0.55

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 29 Oct 2026.

Volume against the 50-session average

1×: a usual session
Volume on rising days
47%of the last 20 sessions' volume
Volume trend, 20 sessions
−10.7%
Delivery against usual
−1.8
Delivery, last 5 sessions
29.5%
Delivery, last 21 sessions
33.2%
Impact cost
0.03%

Delivery, last 10 sessions

  • 29 Oct23.8%
  • 28 Oct25.8%
  • 27 Oct31.8%
  • 26 Oct30.2%
  • 23 Oct37.1%
  • 22 Oct37.3%
  • 21 Oct38.0%
  • 19 Oct25.6%
  • 16 Oct33.9%
  • 15 Oct39.6%
33.2%: the last 21 sessions together
  • Apr8WedLargest moveup 10.82%
  • Apr1WedLargest moveup 6.84%
  • Mar10TueLargest moveup 7.80%
  • Mar4WedLargest movedown 8.25%
  • Feb5ThuBusiest7.2× usual volumeup 5.09%
  • Jan2FriBusiest4.9× usual volumeup 1.77%
  • Dec31WedBusiest3.4× usual volumeup 3.63%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 29 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹17,848.67
R2₹17,619.33
R1₹17,237.67
Pivot₹17,008.33
S1₹16,626.67
S2₹16,397.33
S3₹16,015.67
Close ₹16,856.00
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹17,848.67₹17,772.50₹17,024.03₹17,619.33–
Resistance 2 (R2)₹17,619.33₹17,581.25₹16,968.02₹17,385.93–
Resistance 1 (R1)₹17,237.67₹17,161.50₹16,912.01₹17,241.74₹17,123.00
Pivot point₹17,008.33₹16,970.25₹17,008.33₹17,008.33₹16,951.00
Support 1 (S1)₹16,626.67₹16,550.50₹16,799.99₹16,774.93₹16,512.00
Support 2 (S2)₹16,397.33₹16,359.25₹16,743.98₹16,630.74–
Support 3 (S3)₹16,015.67₹15,939.50₹16,687.98₹16,397.33–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 29 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
0.9Nov 2515Dec 25−6.7Jan 2627Feb 26−20Mar 262.6Apr 26−2.2May 26−4.6Jun 26−3.6Jul 26−2.1Aug 26−2.7Sep 26−1.2Oct 26
Highest month Feb 2026, +26.8%; lowest Mar 2026, −20.3%.

Last 10 years, per cent

  • Return
  • Loss
Dec 1926Dec 20−8.1Dec 2111Dec 22142Dec 2394Dec 24216Dec 25−18Oct 26
Highest year to Dec 2025, +215.8%; lowest to Dec 2021, −8.1%.
Low to highLatest close ₹16,856.00
WindowChange
1 week+0.5%₹16,184.00₹17,494.00
1 month−0.3%₹16,184.00₹17,953.00
3 months−2.8%₹16,184.00₹19,448.00
6 months−19.7%₹16,184.00₹21,180.00
2 years+164.0%₹6,125.00₹26,450.00
3 years+402.8%₹4,250.10₹26,450.00
5 years+1,095.6%₹911.30₹26,450.00
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.

Futures and options

The market-wide position limit on 29 Oct 2026, then the open interest and put-call ratio session by session.

Limit in use47.3%

0%New positions barred above 95%

Lot size
25Shares in one contract
Position limit
7,36,885
Open positions
3,48,385
Room for the next session
3,51,655
Days banned, last year
0Of the last 144 trading days
Futures open interest
3,38,755Shares, 29 Oct 2026
Put-call ratio
0.77On open interest, 29 Oct 2026

Futures open interest, shares

  • Futures open interest
3,76,2002,52,4503,38,75530 Jul11 Aug21 Aug2 Sep15 Sep25 Sep8 Oct21 Oct29 Oct

Put-call ratio on open interest

  • Put-call ratio
1.210.400.7730 Jul11 Aug21 Aug2 Sep15 Sep25 Sep8 Oct21 Oct29 Oct