Garg Furnace Technical Analysis

Garg Furnace Ltd Technical Analysis

Garg Furnace Ltd technical analysis is gaining attention among traders and investors tracking Garg Furnace Ltd Technical Analysis trends in the Indian stock market. Garg Furnace Ltd (NSE: , BSE: 530615) is currently trading at ₹171.55, showing a 14.37% move as of Mon, Sep 21, 2026.

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

Garg Furnace Ltd Stock Overview

Garg Furnace Ltd operates in the Non-energy minerals sector under the Steel industry. With a market capitalization of ₹117.45Cr and a PE ratio of 9.69, Garg Furnace Ltd remains a key stock to watch in Garg Furnace Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹117.45Cr
• PE Ratio: 9.69
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Steel

These fundamentals play an important role in Garg Furnace Ltd technical analysis and valuation tracking.

Garg Furnace Ltd Support and Resistance Levels

Classic Pivot Levels

In Garg Furnace Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 317.75
• Resistance 2: 240.10
• Resistance 1: 204.55
• Pivot Point: 162.45
• Support 1: 126.90
• Support 2: 84.80
• Support 3: 7.15

Conditional Insight

Garg Furnace Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 126.90 and 84.80.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Garg Furnace Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 240.10
• Fibonacci R2: 210.44
• Fibonacci R1: 192.11
• Fibonacci Pivot: 162.45
• Fibonacci S1: 132.79
• Fibonacci S2: 114.46
• Fibonacci S3: 84.80

Garg Furnace Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Garg Furnace Ltd Moving Average Analysis

Moving averages are key indicators in Garg Furnace Ltd technical analysis for identifying trend direction.

• 10 EMA: 180.46
• 20 EMA: 169.09
• 30 EMA: 161.01
• 50 EMA: 150.88
• 100 EMA: 142.11
• 200 EMA: 145.24

Trend Logic

Garg Furnace Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Garg Furnace Ltd technical analysis remains positive above 200 EMA.

Garg Furnace Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 63.21
• MACD: 13.86
• Signal: 11.39
• ADX: 38.22
• Momentum: 29.20

RSI Logic

Garg Furnace Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Garg Furnace Ltd technical analysis indicates bearish momentum with MACD below signal line.

Garg Furnace Ltd Overall Recommendation

• Overall Recommendation Score: 0.49
• Moving Average Recommendation: 0.80
• Other Indicators Recommendation: 0.18

Overall Garg Furnace Ltd technical analysis sentiment remains neutral with mixed signals.

Garg Furnace Ltd Technical Analysis Conclusion

Garg Furnace Ltd technical analysis suggests that traders should closely monitor price action around ₹171.55 and key pivot level 162.45. Breakouts above resistance or breakdown below support will define the next trend in Garg Furnace Ltd technical analysis.

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