Mysore Petro Chemicals Technical Analysis

Mysore Petro Chemicals Ltd Technical Analysis

Mysore Petro Chemicals Ltd technical analysis is gaining attention among traders and investors tracking Mysore Petro Chemicals Ltd Technical Analysis trends in the Indian stock market. Mysore Petro Chemicals Ltd (NSE: MYSORPETRO, BSE: 506734) is currently trading at ₹93.99, showing a 0.66% move as of Sun, Mar 15, 2026.

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

Mysore Petro Chemicals Ltd Stock Overview

Mysore Petro Chemicals Ltd operates in the Distribution services sector under the Wholesale distributors industry. With a market capitalization of ₹614.7M and a PE ratio of 1356.28, Mysore Petro Chemicals Ltd remains a key stock to watch in Mysore Petro Chemicals Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹614.7M
• PE Ratio: 1356.28
• Dividend Yield: 2.14
• Sector: Distribution services
• Industry: Wholesale distributors

These fundamentals play an important role in Mysore Petro Chemicals Ltd technical analysis and valuation tracking.

Mysore Petro Chemicals Ltd Support and Resistance Levels

Classic Pivot Levels

In Mysore Petro Chemicals Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 127.89
• Resistance 2: 114.36
• Resistance 1: 106.68
• Pivot Point: 100.83
• Support 1: 93.15
• Support 2: 87.30
• Support 3: 73.77

Conditional Insight

Mysore Petro Chemicals Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 93.15 and 87.30.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Mysore Petro Chemicals Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 114.36
• Fibonacci R2: 109.19
• Fibonacci R1: 106.00
• Fibonacci Pivot: 100.83
• Fibonacci S1: 95.66
• Fibonacci S2: 92.47
• Fibonacci S3: 87.30

Mysore Petro Chemicals Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Mysore Petro Chemicals Ltd Moving Average Analysis

Moving averages are key indicators in Mysore Petro Chemicals Ltd technical analysis for identifying trend direction.

• 10 EMA: 92.72
• 20 EMA: 95.03
• 30 EMA: 96.60
• 50 EMA: 99.00
• 100 EMA: 103.93
• 200 EMA: 113.51

Trend Logic

Mysore Petro Chemicals Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Mysore Petro Chemicals Ltd technical analysis remains positive above 200 EMA.

Mysore Petro Chemicals Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 28.56
• MACD: -2.73
• Signal: -2.04
• ADX: 21.21
• Momentum: -9.71

RSI Logic

Mysore Petro Chemicals Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Mysore Petro Chemicals Ltd technical analysis indicates bearish momentum with MACD below signal line.

Mysore Petro Chemicals Ltd Overall Recommendation

• Overall Recommendation Score: -0.65
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.36

Overall Mysore Petro Chemicals Ltd technical analysis sentiment remains neutral with mixed signals.

Mysore Petro Chemicals Ltd Technical Analysis Conclusion

Mysore Petro Chemicals Ltd technical analysis suggests that traders should closely monitor price action around ₹93.99 and key pivot level 100.83. Breakouts above resistance or breakdown below support will define the next trend in Mysore Petro Chemicals Ltd technical analysis.

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