Binayaka Tex Processors Technical Analysis

Binayaka Tex Processors Ltd Technical Analysis

Binayaka Tex Processors Ltd technical analysis is gaining attention among traders and investors tracking Binayaka Tex Processors Ltd Technical Analysis trends in the Indian stock market. Binayaka Tex Processors Ltd (NSE: , BSE: 523054) is currently trading at ₹2089.50, showing a 5% move as of Fri, Mar 20, 2026.

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

Binayaka Tex Processors Ltd Stock Overview

Binayaka Tex Processors Ltd operates in the Process industries sector under the Textiles industry. With a market capitalization of ₹1.49B and a PE ratio of 30.76, Binayaka Tex Processors Ltd remains a key stock to watch in Binayaka Tex Processors Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹1.49B
• PE Ratio: 30.76
• Dividend Yield: 0
• Sector: Process industries
• Industry: Textiles

These fundamentals play an important role in Binayaka Tex Processors Ltd technical analysis and valuation tracking.

Binayaka Tex Processors Ltd Support and Resistance Levels

Classic Pivot Levels

In Binayaka Tex Processors Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 3191.50
• Resistance 2: 2662.50
• Resistance 1: 2376
• Pivot Point: 2133.50
• Support 1: 1847
• Support 2: 1604.50
• Support 3: 1075.50

Conditional Insight

Binayaka Tex Processors Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 1847 and 1604.50.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Binayaka Tex Processors Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 2662.50
• Fibonacci R2: 2460.42
• Fibonacci R1: 2335.58
• Fibonacci Pivot: 2133.50
• Fibonacci S1: 1931.42
• Fibonacci S2: 1806.58
• Fibonacci S3: 1604.50

Binayaka Tex Processors Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Binayaka Tex Processors Ltd Moving Average Analysis

Moving averages are key indicators in Binayaka Tex Processors Ltd technical analysis for identifying trend direction.

• 10 EMA: 2223.56
• 20 EMA: 2262.59
• 30 EMA: 2293.02
• 50 EMA: 2295.52
• 100 EMA: 2201.32
• 200 EMA: 1968.39

Trend Logic

Binayaka Tex Processors Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Binayaka Tex Processors Ltd technical analysis remains positive above 200 EMA.

Binayaka Tex Processors Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 55.15
• MACD: -56.51
• Signal: -75.94
• ADX: 16.21
• Momentum: 220.90

RSI Logic

Binayaka Tex Processors Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Binayaka Tex Processors Ltd technical analysis indicates bearish momentum with MACD below signal line.

Binayaka Tex Processors Ltd Overall Recommendation

• Overall Recommendation Score: 0.60
• Moving Average Recommendation: 0.93
• Other Indicators Recommendation: 0.27

Overall Binayaka Tex Processors Ltd technical analysis sentiment remains neutral with mixed signals.

Binayaka Tex Processors Ltd Technical Analysis Conclusion

Binayaka Tex Processors Ltd technical analysis suggests that traders should closely monitor price action around ₹2089.50 and key pivot level 2133.50. Breakouts above resistance or breakdown below support will define the next trend in Binayaka Tex Processors Ltd technical analysis.

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