Bansal Wire Industries Technical Analysis

Bansal Wire Industries Ltd Technical Analysis

Bansal Wire Industries Ltd technical analysis is gaining attention among traders and investors tracking Bansal Wire Industries Ltd Technical Analysis trends in the Indian stock market. Bansal Wire Industries Ltd (NSE: BANSALWIRE, BSE: 544209) is currently trading at ₹305.55, showing a -0.96% move as of Tue, Jun 09, 2026.

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

Bansal Wire Industries Ltd Stock Overview

Bansal Wire Industries Ltd operates in the Non-energy minerals sector under the Steel industry. With a market capitalization of ₹4822.71Cr and a PE ratio of 29.72, Bansal Wire Industries Ltd remains a key stock to watch in Bansal Wire Industries Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹4822.71Cr
• PE Ratio: 29.72
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Steel

These fundamentals play an important role in Bansal Wire Industries Ltd technical analysis and valuation tracking.

Bansal Wire Industries Ltd Support and Resistance Levels

Classic Pivot Levels

In Bansal Wire Industries Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 412.28
• Resistance 2: 361.18
• Resistance 1: 339.72
• Pivot Point: 310.08
• Support 1: 288.62
• Support 2: 258.98
• Support 3: 207.88

Conditional Insight

Bansal Wire Industries Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 288.62 and 258.98.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Bansal Wire Industries Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 361.18
• Fibonacci R2: 341.66
• Fibonacci R1: 329.60
• Fibonacci Pivot: 310.08
• Fibonacci S1: 290.56
• Fibonacci S2: 278.50
• Fibonacci S3: 258.98

Bansal Wire Industries Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Bansal Wire Industries Ltd Moving Average Analysis

Moving averages are key indicators in Bansal Wire Industries Ltd technical analysis for identifying trend direction.

• 10 EMA: 308.14
• 20 EMA: 308.59
• 30 EMA: 305.48
• 50 EMA: 299.08
• 100 EMA: 295.81
• 200 EMA: 309.41

Trend Logic

Bansal Wire Industries Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Bansal Wire Industries Ltd technical analysis remains positive above 200 EMA.

Bansal Wire Industries Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 40.42
• MACD: 1.92
• Signal: 5.40
• ADX: 18.19
• Momentum: -24.85

RSI Logic

Bansal Wire Industries Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Bansal Wire Industries Ltd technical analysis indicates bearish momentum with MACD below signal line.

Bansal Wire Industries Ltd Overall Recommendation

• Overall Recommendation Score: -0.54
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: -0.27

Overall Bansal Wire Industries Ltd technical analysis sentiment remains neutral with mixed signals.

Bansal Wire Industries Ltd Technical Analysis Conclusion

Bansal Wire Industries Ltd technical analysis suggests that traders should closely monitor price action around ₹305.55 and key pivot level 310.08. Breakouts above resistance or breakdown below support will define the next trend in Bansal Wire Industries Ltd technical analysis.

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