Coromandel Engineering Company Technical Analysis

Coromandel Engineering Company Ltd Technical Analysis

Coromandel Engineering Company Ltd technical analysis is gaining attention among traders and investors tracking Coromandel Engineering Company Ltd Technical Analysis trends in the Indian stock market. Coromandel Engineering Company Ltd (NSE: COROENGG, BSE: 533167) is currently trading at ₹69.97, showing a -0.04% move as of Fri, Mar 13, 2026.

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

Coromandel Engineering Company Ltd Stock Overview

Coromandel Engineering Company Ltd operates in the Consumer durables sector under the Homebuilding industry. With a market capitalization of ₹2.44B and a PE ratio of 108.73, Coromandel Engineering Company Ltd remains a key stock to watch in Coromandel Engineering Company Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹2.44B
• PE Ratio: 108.73
• Dividend Yield: 0
• Sector: Consumer durables
• Industry: Homebuilding

These fundamentals play an important role in Coromandel Engineering Company Ltd technical analysis and valuation tracking.

Coromandel Engineering Company Ltd Support and Resistance Levels

Classic Pivot Levels

In Coromandel Engineering Company Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 109.63
• Resistance 2: 95.04
• Resistance 1: 87.60
• Pivot Point: 80.45
• Support 1: 73.01
• Support 2: 65.86
• Support 3: 51.27

Conditional Insight

Coromandel Engineering Company Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 73.01 and 65.86.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Coromandel Engineering Company Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 95.04
• Fibonacci R2: 89.47
• Fibonacci R1: 86.03
• Fibonacci Pivot: 80.45
• Fibonacci S1: 74.88
• Fibonacci S2: 71.44
• Fibonacci S3: 65.86

Coromandel Engineering Company Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Coromandel Engineering Company Ltd Moving Average Analysis

Moving averages are key indicators in Coromandel Engineering Company Ltd technical analysis for identifying trend direction.

• 10 EMA: 73.24
• 20 EMA: 76.32
• 30 EMA: 78.21
• 50 EMA: 79.35
• 100 EMA: 76.22
• 200 EMA: 68.43

Trend Logic

Coromandel Engineering Company Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Coromandel Engineering Company Ltd technical analysis remains positive above 200 EMA.

Coromandel Engineering Company Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 34.27
• MACD: -3.60
• Signal: -2.75
• ADX: 15.84
• Momentum: -14.50

RSI Logic

Coromandel Engineering Company Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Coromandel Engineering Company Ltd technical analysis indicates bearish momentum with MACD below signal line.

Coromandel Engineering Company Ltd Overall Recommendation

• Overall Recommendation Score: -0.22
• Moving Average Recommendation: -0.53
• Other Indicators Recommendation: 0.09

Overall Coromandel Engineering Company Ltd technical analysis sentiment remains neutral with mixed signals.

Coromandel Engineering Company Ltd Technical Analysis Conclusion

Coromandel Engineering Company Ltd technical analysis suggests that traders should closely monitor price action around ₹69.97 and key pivot level 80.45. Breakouts above resistance or breakdown below support will define the next trend in Coromandel Engineering Company Ltd technical analysis.

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