RHI Magnesita India Technical Analysis

RHI Magnesita India Ltd Technical Analysis

RHI Magnesita India Ltd technical analysis is gaining attention among traders and investors tracking RHI Magnesita India Ltd Technical Analysis trends in the Indian stock market. RHI Magnesita India Ltd (NSE: RHIM, BSE: 534076) is currently trading at ₹386.45, showing a 0.64% move as of Sat, May 30, 2026.

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

RHI Magnesita India Ltd Stock Overview

RHI Magnesita India Ltd operates in the Producer manufacturing sector under the Miscellaneous manufacturing industry. With a market capitalization of ₹79.28B and a PE ratio of 46.57, RHI Magnesita India Ltd remains a key stock to watch in RHI Magnesita India Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹79.28B
• PE Ratio: 46.57
• Dividend Yield: 0.65
• Sector: Producer manufacturing
• Industry: Miscellaneous manufacturing

These fundamentals play an important role in RHI Magnesita India Ltd technical analysis and valuation tracking.

RHI Magnesita India Ltd Support and Resistance Levels

Classic Pivot Levels

In RHI Magnesita India Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 555.27
• Resistance 2: 473.57
• Resistance 1: 438.73
• Pivot Point: 391.87
• Support 1: 357.03
• Support 2: 310.17
• Support 3: 228.47

Conditional Insight

RHI Magnesita India Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 357.03 and 310.17.

Fibonacci Levels Analysis

Fibonacci levels are widely used in RHI Magnesita India Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 473.57
• Fibonacci R2: 442.36
• Fibonacci R1: 423.08
• Fibonacci Pivot: 391.87
• Fibonacci S1: 360.66
• Fibonacci S2: 341.38
• Fibonacci S3: 310.17

RHI Magnesita India Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

RHI Magnesita India Ltd Moving Average Analysis

Moving averages are key indicators in RHI Magnesita India Ltd technical analysis for identifying trend direction.

• 10 EMA: 401.19
• 20 EMA: 398.93
• 30 EMA: 398.07
• 50 EMA: 399.77
• 100 EMA: 411.21
• 200 EMA: 432.79

Trend Logic

RHI Magnesita India Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in RHI Magnesita India Ltd technical analysis remains positive above 200 EMA.

RHI Magnesita India Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 55.25
• MACD: 2.22
• Signal: 0.69
• ADX: 16.82
• Momentum: 12.05

RSI Logic

RHI Magnesita India Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

RHI Magnesita India Ltd technical analysis indicates bearish momentum with MACD below signal line.

RHI Magnesita India Ltd Overall Recommendation

• Overall Recommendation Score: 0.13
• Moving Average Recommendation: 0.27
• Other Indicators Recommendation: 0

Overall RHI Magnesita India Ltd technical analysis sentiment remains neutral with mixed signals.

RHI Magnesita India Ltd Technical Analysis Conclusion

RHI Magnesita India Ltd technical analysis suggests that traders should closely monitor price action around ₹386.45 and key pivot level 391.87. Breakouts above resistance or breakdown below support will define the next trend in RHI Magnesita India Ltd technical analysis.

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