Bhagyanagar India Technical Analysis

Bhagyanagar India Ltd Technical Analysis

Bhagyanagar India Ltd technical analysis is gaining attention among traders and investors tracking Bhagyanagar India Ltd Technical Analysis trends in the Indian stock market. Bhagyanagar India Ltd (NSE: BHAGYANGR, BSE: 512296) is currently trading at ₹291.50, showing a 1.75% move as of Sat, May 30, 2026.

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

Bhagyanagar India Ltd Stock Overview

Bhagyanagar India Ltd operates in the Producer manufacturing sector under the Electrical products industry. With a market capitalization of ₹9.18B and a PE ratio of 18.59, Bhagyanagar India Ltd remains a key stock to watch in Bhagyanagar India Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹9.18B
• PE Ratio: 18.59
• Dividend Yield: 0
• Sector: Producer manufacturing
• Industry: Electrical products

These fundamentals play an important role in Bhagyanagar India Ltd technical analysis and valuation tracking.

Bhagyanagar India Ltd Support and Resistance Levels

Classic Pivot Levels

In Bhagyanagar India Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 520.96
• Resistance 2: 376.46
• Resistance 1: 322.93
• Pivot Point: 231.96
• Support 1: 178.43
• Support 2: 87.46
• Support 3: -

Conditional Insight

Bhagyanagar India Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 178.43 and 87.46.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Bhagyanagar India Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 376.46
• Fibonacci R2: 321.26
• Fibonacci R1: 287.16
• Fibonacci Pivot: 231.96
• Fibonacci S1: 176.76
• Fibonacci S2: 142.66
• Fibonacci S3: 87.46

Bhagyanagar India Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Bhagyanagar India Ltd Moving Average Analysis

Moving averages are key indicators in Bhagyanagar India Ltd technical analysis for identifying trend direction.

• 10 EMA: 287.39
• 20 EMA: 280.84
• 30 EMA: 267.69
• 50 EMA: 243.98
• 100 EMA: 207.62
• 200 EMA: 170.83

Trend Logic

Bhagyanagar India Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Bhagyanagar India Ltd technical analysis remains positive above 200 EMA.

Bhagyanagar India Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 59.51
• MACD: 14.19
• Signal: 21.13
• ADX: 38.47
• Momentum: -35.10

RSI Logic

Bhagyanagar India Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Bhagyanagar India Ltd technical analysis indicates bearish momentum with MACD below signal line.

Bhagyanagar India Ltd Overall Recommendation

• Overall Recommendation Score: 0.33
• Moving Average Recommendation: 0.67
• Other Indicators Recommendation: 0

Overall Bhagyanagar India Ltd technical analysis sentiment remains neutral with mixed signals.

Bhagyanagar India Ltd Technical Analysis Conclusion

Bhagyanagar India Ltd technical analysis suggests that traders should closely monitor price action around ₹291.50 and key pivot level 231.96. Breakouts above resistance or breakdown below support will define the next trend in Bhagyanagar India Ltd technical analysis.

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