Maiden Forgings Technical Analysis

Maiden Forgings Ltd Technical Analysis

Maiden Forgings Ltd technical analysis is gaining attention among traders and investors tracking Maiden Forgings Ltd Technical Analysis trends in the Indian stock market. Maiden Forgings Ltd (NSE: , BSE: 543874) is currently trading at ₹76.02, showing a 0.70% move as of Tue, Mar 24, 2026.

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

Maiden Forgings Ltd Stock Overview

Maiden Forgings Ltd operates in the Non-energy minerals sector under the Steel industry. With a market capitalization of ₹1.08B and a PE ratio of 26.36, Maiden Forgings Ltd remains a key stock to watch in Maiden Forgings Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹1.08B
• PE Ratio: 26.36
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Steel

These fundamentals play an important role in Maiden Forgings Ltd technical analysis and valuation tracking.

Maiden Forgings Ltd Support and Resistance Levels

Classic Pivot Levels

In Maiden Forgings Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 102.31
• Resistance 2: 94.71
• Resistance 1: 89.97
• Pivot Point: 87.11
• Support 1: 82.37
• Support 2: 79.51
• Support 3: 71.91

Conditional Insight

Maiden Forgings Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 82.37 and 79.51.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Maiden Forgings Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 94.71
• Fibonacci R2: 91.81
• Fibonacci R1: 90.01
• Fibonacci Pivot: 87.11
• Fibonacci S1: 84.21
• Fibonacci S2: 82.41
• Fibonacci S3: 79.51

Maiden Forgings Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Maiden Forgings Ltd Moving Average Analysis

Moving averages are key indicators in Maiden Forgings Ltd technical analysis for identifying trend direction.

• 10 EMA: 78.63
• 20 EMA: 81.44
• 30 EMA: 83.04
• 50 EMA: 84.60
• 100 EMA: 84.83
• 200 EMA: 83.05

Trend Logic

Maiden Forgings Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Maiden Forgings Ltd technical analysis remains positive above 200 EMA.

Maiden Forgings Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 34.42
• MACD: -3.14
• Signal: -2.14
• ADX: 13.89
• Momentum: -16

RSI Logic

Maiden Forgings Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Maiden Forgings Ltd technical analysis indicates bearish momentum with MACD below signal line.

Maiden Forgings Ltd Overall Recommendation

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

Overall Maiden Forgings Ltd technical analysis sentiment remains neutral with mixed signals.

Maiden Forgings Ltd Technical Analysis Conclusion

Maiden Forgings Ltd technical analysis suggests that traders should closely monitor price action around ₹76.02 and key pivot level 87.11. Breakouts above resistance or breakdown below support will define the next trend in Maiden Forgings Ltd technical analysis.

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