Bhavik Enterprises Technical Analysis

Bhavik Enterprises Ltd Technical Analysis

Bhavik Enterprises Ltd technical analysis is gaining attention among traders and investors tracking Bhavik Enterprises Ltd Technical Analysis trends in the Indian stock market. Bhavik Enterprises Ltd (NSE: , BSE: 544551) is currently trading at ₹166, showing a -2.35% move as of Fri, May 08, 2026.

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

Bhavik Enterprises Ltd Stock Overview

Bhavik Enterprises Ltd operates in the Distribution services sector under the Wholesale distributors industry. With a market capitalization of ₹3.46B and a PE ratio of 0, Bhavik Enterprises Ltd remains a key stock to watch in Bhavik Enterprises Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹3.46B
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Distribution services
• Industry: Wholesale distributors

These fundamentals play an important role in Bhavik Enterprises Ltd technical analysis and valuation tracking.

Bhavik Enterprises Ltd Support and Resistance Levels

Classic Pivot Levels

In Bhavik Enterprises Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 201.12
• Resistance 2: 184.07
• Resistance 1: 176.03
• Pivot Point: 167.02
• Support 1: 158.98
• Support 2: 149.97
• Support 3: 132.92

Conditional Insight

Bhavik Enterprises Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 158.98 and 149.97.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Bhavik Enterprises Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 184.07
• Fibonacci R2: 177.55
• Fibonacci R1: 173.53
• Fibonacci Pivot: 167.02
• Fibonacci S1: 160.50
• Fibonacci S2: 156.48
• Fibonacci S3: 149.97

Bhavik Enterprises Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Bhavik Enterprises Ltd Moving Average Analysis

Moving averages are key indicators in Bhavik Enterprises Ltd technical analysis for identifying trend direction.

• 10 EMA: 166.88
• 20 EMA: 163.25
• 30 EMA: 159.80
• 50 EMA: 155.14
• 100 EMA: -
• 200 EMA: -

Trend Logic

Bhavik Enterprises Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Bhavik Enterprises Ltd technical analysis remains positive above 200 EMA.

Bhavik Enterprises Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 55.74
• MACD: 5.16
• Signal: 5.62
• ADX: 35.88
• Momentum: 2.50

RSI Logic

Bhavik Enterprises Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Bhavik Enterprises Ltd technical analysis indicates bearish momentum with MACD below signal line.

Bhavik Enterprises Ltd Overall Recommendation

• Overall Recommendation Score: 0.09
• Moving Average Recommendation: 0.36
• Other Indicators Recommendation: -0.18

Overall Bhavik Enterprises Ltd technical analysis sentiment remains neutral with mixed signals.

Bhavik Enterprises Ltd Technical Analysis Conclusion

Bhavik Enterprises Ltd technical analysis suggests that traders should closely monitor price action around ₹166 and key pivot level 167.02. Breakouts above resistance or breakdown below support will define the next trend in Bhavik Enterprises Ltd technical analysis.

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