Asahi Songwon Colors Technical Analysis

Asahi Songwon Colors Ltd Technical Analysis

Asahi Songwon Colors Ltd technical analysis is gaining attention among traders and investors tracking Asahi Songwon Colors Ltd Technical Analysis trends in the Indian stock market. Asahi Songwon Colors Ltd (NSE: ASAHISONG, BSE: 532853) is currently trading at ₹206.92, showing a 3.74% move as of Tue, Mar 24, 2026.

This detailed Asahi Songwon Colors Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Asahi Songwon Colors Ltd Stock Overview

Asahi Songwon Colors Ltd operates in the Process industries sector under the Chemicals: specialty industry. With a market capitalization of ₹2.46B and a PE ratio of 15.69, Asahi Songwon Colors Ltd remains a key stock to watch in Asahi Songwon Colors Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹2.46B
• PE Ratio: 15.69
• Dividend Yield: 0.72
• Sector: Process industries
• Industry: Chemicals: specialty

These fundamentals play an important role in Asahi Songwon Colors Ltd technical analysis and valuation tracking.

Asahi Songwon Colors Ltd Support and Resistance Levels

Classic Pivot Levels

In Asahi Songwon Colors Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 292.18
• Resistance 2: 258.19
• Resistance 1: 241.40
• Pivot Point: 224.20
• Support 1: 207.41
• Support 2: 190.21
• Support 3: 156.22

Conditional Insight

Asahi Songwon Colors Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 207.41 and 190.21.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Asahi Songwon Colors Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 258.19
• Fibonacci R2: 245.21
• Fibonacci R1: 237.18
• Fibonacci Pivot: 224.20
• Fibonacci S1: 211.22
• Fibonacci S2: 203.19
• Fibonacci S3: 190.21

Asahi Songwon Colors Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Asahi Songwon Colors Ltd Moving Average Analysis

Moving averages are key indicators in Asahi Songwon Colors Ltd technical analysis for identifying trend direction.

• 10 EMA: 200.22
• 20 EMA: 205.52
• 30 EMA: 210.79
• 50 EMA: 220.22
• 100 EMA: 241.63
• 200 EMA: 275.99

Trend Logic

Asahi Songwon Colors Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Asahi Songwon Colors Ltd technical analysis remains positive above 200 EMA.

Asahi Songwon Colors Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 42.10
• MACD: -7.57
• Signal: -8.19
• ADX: 20.10
• Momentum: -16.32

RSI Logic

Asahi Songwon Colors Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Asahi Songwon Colors Ltd technical analysis indicates bearish momentum with MACD below signal line.

Asahi Songwon Colors Ltd Overall Recommendation

• Overall Recommendation Score: -0.45
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: -0.09

Overall Asahi Songwon Colors Ltd technical analysis sentiment remains neutral with mixed signals.

Asahi Songwon Colors Ltd Technical Analysis Conclusion

Asahi Songwon Colors Ltd technical analysis suggests that traders should closely monitor price action around ₹206.92 and key pivot level 224.20. Breakouts above resistance or breakdown below support will define the next trend in Asahi Songwon Colors Ltd technical analysis.

Investors searching for Asahi Songwon Colors Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Asahi Songwon Colors Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.