Nikhil Adhesives Technical Analysis

Nikhil Adhesives Ltd Technical Analysis

Nikhil Adhesives Ltd technical analysis is gaining attention among traders and investors tracking Nikhil Adhesives Ltd Technical Analysis trends in the Indian stock market. Nikhil Adhesives Ltd (NSE: , BSE: 526159) is currently trading at ₹70.70, showing a -4.46% move as of Mon, Mar 23, 2026.

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

Nikhil Adhesives Ltd Stock Overview

Nikhil Adhesives Ltd operates in the Process industries sector under the Industrial specialties industry. With a market capitalization of ₹3.25B and a PE ratio of 22.43, Nikhil Adhesives Ltd remains a key stock to watch in Nikhil Adhesives Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹3.25B
• PE Ratio: 22.43
• Dividend Yield: 0.31
• Sector: Process industries
• Industry: Industrial specialties

These fundamentals play an important role in Nikhil Adhesives Ltd technical analysis and valuation tracking.

Nikhil Adhesives Ltd Support and Resistance Levels

Classic Pivot Levels

In Nikhil Adhesives Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 95.03
• Resistance 2: 79.82
• Resistance 1: 72.44
• Pivot Point: 64.61
• Support 1: 57.23
• Support 2: 49.40
• Support 3: 34.19

Conditional Insight

Nikhil Adhesives Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 57.23 and 49.40.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Nikhil Adhesives Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 79.82
• Fibonacci R2: 74.01
• Fibonacci R1: 70.42
• Fibonacci Pivot: 64.61
• Fibonacci S1: 58.80
• Fibonacci S2: 55.21
• Fibonacci S3: 49.40

Nikhil Adhesives Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Nikhil Adhesives Ltd Moving Average Analysis

Moving averages are key indicators in Nikhil Adhesives Ltd technical analysis for identifying trend direction.

• 10 EMA: 67.58
• 20 EMA: 66.45
• 30 EMA: 66.87
• 50 EMA: 69.61
• 100 EMA: 77.56
• 200 EMA: 87.56

Trend Logic

Nikhil Adhesives Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Nikhil Adhesives Ltd technical analysis remains positive above 200 EMA.

Nikhil Adhesives Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 53.42
• MACD: 0.58
• Signal: -0.61
• ADX: 36.77
• Momentum: 4.12

RSI Logic

Nikhil Adhesives Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Nikhil Adhesives Ltd technical analysis indicates bearish momentum with MACD below signal line.

Nikhil Adhesives Ltd Overall Recommendation

• Overall Recommendation Score: -0.02
• Moving Average Recommendation: 0.13
• Other Indicators Recommendation: -0.18

Overall Nikhil Adhesives Ltd technical analysis sentiment remains neutral with mixed signals.

Nikhil Adhesives Ltd Technical Analysis Conclusion

Nikhil Adhesives Ltd technical analysis suggests that traders should closely monitor price action around ₹70.70 and key pivot level 64.61. Breakouts above resistance or breakdown below support will define the next trend in Nikhil Adhesives Ltd technical analysis.

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