Mangal Electrical Industries Technical Analysis

Mangal Electrical Industries Ltd Technical Analysis

Mangal Electrical Industries Ltd technical analysis is gaining attention among traders and investors tracking Mangal Electrical Industries Ltd Technical Analysis trends in the Indian stock market. Mangal Electrical Industries Ltd (NSE: MEIL, BSE: 544492) is currently trading at ₹299.38, showing a 0.14% move as of Thu, May 07, 2026.

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

Mangal Electrical Industries Ltd Stock Overview

Mangal Electrical Industries Ltd operates in the Electronic technology sector under the Electronic components industry. With a market capitalization of ₹8.26B and a PE ratio of 0, Mangal Electrical Industries Ltd remains a key stock to watch in Mangal Electrical Industries Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹8.26B
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Electronic technology
• Industry: Electronic components

These fundamentals play an important role in Mangal Electrical Industries Ltd technical analysis and valuation tracking.

Mangal Electrical Industries Ltd Support and Resistance Levels

Classic Pivot Levels

In Mangal Electrical Industries Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 504.68
• Resistance 2: 392.95
• Resistance 1: 346.16
• Pivot Point: 281.22
• Support 1: 234.43
• Support 2: 169.49
• Support 3: 57.76

Conditional Insight

Mangal Electrical Industries Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 234.43 and 169.49.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Mangal Electrical Industries Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 392.95
• Fibonacci R2: 350.27
• Fibonacci R1: 323.90
• Fibonacci Pivot: 281.22
• Fibonacci S1: 238.54
• Fibonacci S2: 212.17
• Fibonacci S3: 169.49

Mangal Electrical Industries Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Mangal Electrical Industries Ltd Moving Average Analysis

Moving averages are key indicators in Mangal Electrical Industries Ltd technical analysis for identifying trend direction.

• 10 EMA: 317.96
• 20 EMA: 300.40
• 30 EMA: 289.68
• 50 EMA: 284.13
• 100 EMA: 310.41
• 200 EMA: -

Trend Logic

Mangal Electrical Industries Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Mangal Electrical Industries Ltd technical analysis remains positive above 200 EMA.

Mangal Electrical Industries Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 72.50
• MACD: 20.74
• Signal: 16.92
• ADX: 30.68
• Momentum: 29.07

RSI Logic

Mangal Electrical Industries Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Mangal Electrical Industries Ltd technical analysis indicates bearish momentum with MACD below signal line.

Mangal Electrical Industries Ltd Overall Recommendation

• Overall Recommendation Score: 0.34
• Moving Average Recommendation: 0.77
• Other Indicators Recommendation: -0.09

Overall Mangal Electrical Industries Ltd technical analysis sentiment remains neutral with mixed signals.

Mangal Electrical Industries Ltd Technical Analysis Conclusion

Mangal Electrical Industries Ltd technical analysis suggests that traders should closely monitor price action around ₹299.38 and key pivot level 281.22. Breakouts above resistance or breakdown below support will define the next trend in Mangal Electrical Industries Ltd technical analysis.

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