Chowgule Steamships Technical Analysis

Chowgule Steamships Ltd Technical Analysis

Chowgule Steamships Ltd technical analysis is gaining attention among traders and investors tracking Chowgule Steamships Ltd Technical Analysis trends in the Indian stock market. Chowgule Steamships Ltd (NSE: CHOWGULSTM, BSE: 501833) is currently trading at ₹26.70, showing a -0.67% move as of Sat, May 02, 2026.

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

Chowgule Steamships Ltd Stock Overview

Chowgule Steamships Ltd operates in the Transportation sector under the Marine shipping industry. With a market capitalization of ₹975.97M and a PE ratio of 102.85, Chowgule Steamships Ltd remains a key stock to watch in Chowgule Steamships Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹975.97M
• PE Ratio: 102.85
• Dividend Yield: 0
• Sector: Transportation
• Industry: Marine shipping

These fundamentals play an important role in Chowgule Steamships Ltd technical analysis and valuation tracking.

Chowgule Steamships Ltd Support and Resistance Levels

Classic Pivot Levels

In Chowgule Steamships Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 26.49
• Resistance 2: 22.59
• Resistance 1: 20.39
• Pivot Point: 18.69
• Support 1: 16.49
• Support 2: 14.79
• Support 3: 10.89

Conditional Insight

Chowgule Steamships Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 16.49 and 14.79.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Chowgule Steamships Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 22.59
• Fibonacci R2: 21.10
• Fibonacci R1: 20.18
• Fibonacci Pivot: 18.69
• Fibonacci S1: 17.20
• Fibonacci S2: 16.28
• Fibonacci S3: 14.79

Chowgule Steamships Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Chowgule Steamships Ltd Moving Average Analysis

Moving averages are key indicators in Chowgule Steamships Ltd technical analysis for identifying trend direction.

• 10 EMA: 24.58
• 20 EMA: 22.89
• 30 EMA: 21.98
• 50 EMA: 21.17
• 100 EMA: 20.94
• 200 EMA: 21.78

Trend Logic

Chowgule Steamships Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Chowgule Steamships Ltd technical analysis remains positive above 200 EMA.

Chowgule Steamships Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 76.28
• MACD: 1.87
• Signal: 1.27
• ADX: 41.75
• Momentum: 6.76

RSI Logic

Chowgule Steamships Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Chowgule Steamships Ltd technical analysis indicates bearish momentum with MACD below signal line.

Chowgule Steamships Ltd Overall Recommendation

• Overall Recommendation Score: 0.31
• Moving Average Recommendation: 0.80
• Other Indicators Recommendation: -0.18

Overall Chowgule Steamships Ltd technical analysis sentiment remains neutral with mixed signals.

Chowgule Steamships Ltd Technical Analysis Conclusion

Chowgule Steamships Ltd technical analysis suggests that traders should closely monitor price action around ₹26.70 and key pivot level 18.69. Breakouts above resistance or breakdown below support will define the next trend in Chowgule Steamships Ltd technical analysis.

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