Refractory Shapes Technical Analysis

Refractory Shapes Ltd Technical Analysis

Refractory Shapes Ltd technical analysis is gaining attention among traders and investors tracking Refractory Shapes Ltd Technical Analysis trends in the Indian stock market. Refractory Shapes Ltd (NSE: REFRACTORY, BSE: 92838) is currently trading at ₹41.55, showing a 4.53% move as of Wed, May 20, 2026.

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

Refractory Shapes Ltd Stock Overview

Refractory Shapes Ltd operates in the Non-energy minerals sector under the Construction materials industry. With a market capitalization of ₹905.79M and a PE ratio of 11.70, Refractory Shapes Ltd remains a key stock to watch in Refractory Shapes Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹905.79M
• PE Ratio: 11.70
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Construction materials

These fundamentals play an important role in Refractory Shapes Ltd technical analysis and valuation tracking.

Refractory Shapes Ltd Support and Resistance Levels

Classic Pivot Levels

In Refractory Shapes Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 71.22
• Resistance 2: 55.27
• Resistance 1: 48.58
• Pivot Point: 39.32
• Support 1: 32.63
• Support 2: 23.37
• Support 3: 7.42

Conditional Insight

Refractory Shapes Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 32.63 and 23.37.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Refractory Shapes Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 55.27
• Fibonacci R2: 49.17
• Fibonacci R1: 45.41
• Fibonacci Pivot: 39.32
• Fibonacci S1: 33.22
• Fibonacci S2: 29.46
• Fibonacci S3: 23.37

Refractory Shapes Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Refractory Shapes Ltd Moving Average Analysis

Moving averages are key indicators in Refractory Shapes Ltd technical analysis for identifying trend direction.

• 10 EMA: 39.04
• 20 EMA: 39.51
• 30 EMA: 39.54
• 50 EMA: 40.01
• 100 EMA: 42.68
• 200 EMA: 52.47

Trend Logic

Refractory Shapes Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Refractory Shapes Ltd technical analysis remains positive above 200 EMA.

Refractory Shapes Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 46.35
• MACD: -0.30
• Signal: 0.22
• ADX: 18.72
• Momentum: -2.55

RSI Logic

Refractory Shapes Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Refractory Shapes Ltd technical analysis indicates bearish momentum with MACD below signal line.

Refractory Shapes Ltd Overall Recommendation

• Overall Recommendation Score: -0.24
• Moving Average Recommendation: -0.67
• Other Indicators Recommendation: 0.18

Overall Refractory Shapes Ltd technical analysis sentiment remains neutral with mixed signals.

Refractory Shapes Ltd Technical Analysis Conclusion

Refractory Shapes Ltd technical analysis suggests that traders should closely monitor price action around ₹41.55 and key pivot level 39.32. Breakouts above resistance or breakdown below support will define the next trend in Refractory Shapes Ltd technical analysis.

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