Ashoka Metcast Technical Analysis

Ashoka Metcast Ltd Technical Analysis

Ashoka Metcast Ltd technical analysis is gaining attention among traders and investors tracking Ashoka Metcast Ltd Technical Analysis trends in the Indian stock market. Ashoka Metcast Ltd (NSE: ASHOKAMET, BSE: 540923) is currently trading at ₹14.40, showing a 0.28% move as of Thu, Mar 12, 2026.

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

Ashoka Metcast Ltd Stock Overview

Ashoka Metcast Ltd operates in the Producer manufacturing sector under the Metal fabrication industry. With a market capitalization of ₹357.94M and a PE ratio of 0, Ashoka Metcast Ltd remains a key stock to watch in Ashoka Metcast Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹357.94M
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Producer manufacturing
• Industry: Metal fabrication

These fundamentals play an important role in Ashoka Metcast Ltd technical analysis and valuation tracking.

Ashoka Metcast Ltd Support and Resistance Levels

Classic Pivot Levels

In Ashoka Metcast Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 24.07
• Resistance 2: 19.67
• Resistance 1: 17.45
• Pivot Point: 15.27
• Support 1: 13.05
• Support 2: 10.87
• Support 3: 6.47

Conditional Insight

Ashoka Metcast Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 13.05 and 10.87.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Ashoka Metcast Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 19.67
• Fibonacci R2: 17.99
• Fibonacci R1: 16.95
• Fibonacci Pivot: 15.27
• Fibonacci S1: 13.59
• Fibonacci S2: 12.55
• Fibonacci S3: 10.87

Ashoka Metcast Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Ashoka Metcast Ltd Moving Average Analysis

Moving averages are key indicators in Ashoka Metcast Ltd technical analysis for identifying trend direction.

• 10 EMA: 14.50
• 20 EMA: 14.63
• 30 EMA: 14.68
• 50 EMA: 14.82
• 100 EMA: 15.32
• 200 EMA: 16.30

Trend Logic

Ashoka Metcast Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Ashoka Metcast Ltd technical analysis remains positive above 200 EMA.

Ashoka Metcast Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 47.51
• MACD: -0.11
• Signal: -0.01
• ADX: 24.84
• Momentum: -1.15

RSI Logic

Ashoka Metcast Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Ashoka Metcast Ltd technical analysis indicates bearish momentum with MACD below signal line.

Ashoka Metcast Ltd Overall Recommendation

• Overall Recommendation Score: -0.38
• Moving Average Recommendation: -0.67
• Other Indicators Recommendation: -0.09

Overall Ashoka Metcast Ltd technical analysis sentiment remains neutral with mixed signals.

Ashoka Metcast Ltd Technical Analysis Conclusion

Ashoka Metcast Ltd technical analysis suggests that traders should closely monitor price action around ₹14.40 and key pivot level 15.27. Breakouts above resistance or breakdown below support will define the next trend in Ashoka Metcast Ltd technical analysis.

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