Mega Flex Plastics Technical Analysis

Mega Flex Plastics Ltd Technical Analysis

Mega Flex Plastics Ltd technical analysis is gaining attention among traders and investors tracking Mega Flex Plastics Ltd Technical Analysis trends in the Indian stock market. Mega Flex Plastics Ltd (NSE: MEGAFLEX, BSE: 535472) is currently trading at ₹151.50, showing a 0.17% move as of Thu, Apr 16, 2026.

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

Mega Flex Plastics Ltd Stock Overview

Mega Flex Plastics Ltd operates in the Process industries sector under the Containers/Packaging industry. With a market capitalization of ₹1.84B and a PE ratio of 37.73, Mega Flex Plastics Ltd remains a key stock to watch in Mega Flex Plastics Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹1.84B
• PE Ratio: 37.73
• Dividend Yield: 0
• Sector: Process industries
• Industry: Containers/Packaging

These fundamentals play an important role in Mega Flex Plastics Ltd technical analysis and valuation tracking.

Mega Flex Plastics Ltd Support and Resistance Levels

Classic Pivot Levels

In Mega Flex Plastics Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 187.20
• Resistance 2: 167.15
• Resistance 1: 159.20
• Pivot Point: 147.10
• Support 1: 139.15
• Support 2: 127.05
• Support 3: 107.00

Conditional Insight

Mega Flex Plastics Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 139.15 and 127.05.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Mega Flex Plastics Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 167.15
• Fibonacci R2: 159.49
• Fibonacci R1: 154.76
• Fibonacci Pivot: 147.10
• Fibonacci S1: 139.44
• Fibonacci S2: 134.71
• Fibonacci S3: 127.05

Mega Flex Plastics Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Mega Flex Plastics Ltd Moving Average Analysis

Moving averages are key indicators in Mega Flex Plastics Ltd technical analysis for identifying trend direction.

• 10 EMA: 150.09
• 20 EMA: 144.17
• 30 EMA: 138.46
• 50 EMA: 128.60
• 100 EMA: 110.29
• 200 EMA: 89.99

Trend Logic

Mega Flex Plastics Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Mega Flex Plastics Ltd technical analysis remains positive above 200 EMA.

Mega Flex Plastics Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 68.66
• MACD: 8.36
• Signal: 8.89
• ADX: 32.14
• Momentum: -2.90

RSI Logic

Mega Flex Plastics Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Mega Flex Plastics Ltd technical analysis indicates bearish momentum with MACD below signal line.

Mega Flex Plastics Ltd Overall Recommendation

• Overall Recommendation Score: 0.38
• Moving Average Recommendation: 0.93
• Other Indicators Recommendation: -0.18

Overall Mega Flex Plastics Ltd technical analysis sentiment remains neutral with mixed signals.

Mega Flex Plastics Ltd Technical Analysis Conclusion

Mega Flex Plastics Ltd technical analysis suggests that traders should closely monitor price action around ₹151.50 and key pivot level 147.10. Breakouts above resistance or breakdown below support will define the next trend in Mega Flex Plastics Ltd technical analysis.

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