Energy Development Company Technical Analysis

Energy Development Company Ltd Technical Analysis

Energy Development Company Ltd technical analysis is gaining attention among traders and investors tracking Energy Development Company Ltd Technical Analysis trends in the Indian stock market. Energy Development Company Ltd (NSE: ENERGYDEV, BSE: 532219) is currently trading at ₹16.62, showing a 2.09% move as of Tue, Mar 10, 2026.

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

Energy Development Company Ltd Stock Overview

Energy Development Company Ltd operates in the Utilities sector under the Electric utilities industry. With a market capitalization of ₹786.12M and a PE ratio of 0, Energy Development Company Ltd remains a key stock to watch in Energy Development Company Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹786.12M
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Utilities
• Industry: Electric utilities

These fundamentals play an important role in Energy Development Company Ltd technical analysis and valuation tracking.

Energy Development Company Ltd Support and Resistance Levels

Classic Pivot Levels

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

• Resistance 3: 21.09
• Resistance 2: 19.04
• Resistance 1: 17.83
• Pivot Point: 16.99
• Support 1: 15.78
• Support 2: 14.94
• Support 3: 12.89

Conditional Insight

Energy Development Company Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 15.78 and 14.94.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Energy Development Company Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 19.04
• Fibonacci R2: 18.26
• Fibonacci R1: 17.77
• Fibonacci Pivot: 16.99
• Fibonacci S1: 16.21
• Fibonacci S2: 15.72
• Fibonacci S3: 14.94

Energy Development Company Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Energy Development Company Ltd Moving Average Analysis

Moving averages are key indicators in Energy Development Company Ltd technical analysis for identifying trend direction.

• 10 EMA: 15.91
• 20 EMA: 16.36
• 30 EMA: 16.75
• 50 EMA: 17.43
• 100 EMA: 18.48
• 200 EMA: 19.57

Trend Logic

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

Long-term trend in Energy Development Company Ltd technical analysis remains positive above 200 EMA.

Energy Development Company Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 31.49
• MACD: -0.59
• Signal: -0.54
• ADX: 18.92
• Momentum: -1.30

RSI Logic

Energy Development Company Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Energy Development Company Ltd technical analysis indicates bearish momentum with MACD below signal line.

Energy Development Company Ltd Overall Recommendation

• Overall Recommendation Score: -0.45
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: -0.09

Overall Energy Development Company Ltd technical analysis sentiment remains neutral with mixed signals.

Energy Development Company Ltd Technical Analysis Conclusion

Energy Development Company Ltd technical analysis suggests that traders should closely monitor price action around ₹16.62 and key pivot level 16.99. Breakouts above resistance or breakdown below support will define the next trend in Energy Development Company Ltd technical analysis.

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