Salem Erode Investments Technical Analysis

Salem Erode Investments Ltd Technical Analysis

Salem Erode Investments Ltd technical analysis is gaining attention among traders and investors tracking Salem Erode Investments Ltd Technical Analysis trends in the Indian stock market. Salem Erode Investments Ltd (NSE: , BSE: 540181) is currently trading at ₹32.97, showing a 2.58% move as of Tue, Mar 03, 2026.

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

Salem Erode Investments Ltd Stock Overview

Salem Erode Investments Ltd operates in the Finance sector under the Finance/Rental/Leasing industry. With a market capitalization of ₹378.02M and a PE ratio of 0, Salem Erode Investments Ltd remains a key stock to watch in Salem Erode Investments Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹378.02M
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Finance
• Industry: Finance/Rental/Leasing

These fundamentals play an important role in Salem Erode Investments Ltd technical analysis and valuation tracking.

Salem Erode Investments Ltd Support and Resistance Levels

Classic Pivot Levels

In Salem Erode Investments Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 45.94
• Resistance 2: 39.42
• Resistance 1: 36.20
• Pivot Point: 32.90
• Support 1: 29.68
• Support 2: 26.38
• Support 3: 19.86

Conditional Insight

Salem Erode Investments Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 29.68 and 26.38.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Salem Erode Investments Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 39.42
• Fibonacci R2: 36.93
• Fibonacci R1: 35.39
• Fibonacci Pivot: 32.90
• Fibonacci S1: 30.41
• Fibonacci S2: 28.87
• Fibonacci S3: 26.38

Salem Erode Investments Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Salem Erode Investments Ltd Moving Average Analysis

Moving averages are key indicators in Salem Erode Investments Ltd technical analysis for identifying trend direction.

• 10 EMA: 32.07
• 20 EMA: 32.31
• 30 EMA: 32.95
• 50 EMA: 34.26
• 100 EMA: 36.62
• 200 EMA: 39.58

Trend Logic

Salem Erode Investments Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Salem Erode Investments Ltd technical analysis remains positive above 200 EMA.

Salem Erode Investments Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 49.84
• MACD: -0.62
• Signal: -0.99
• ADX: 15.59
• Momentum: 2.35

RSI Logic

Salem Erode Investments Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Salem Erode Investments Ltd technical analysis indicates bearish momentum with MACD below signal line.

Salem Erode Investments Ltd Overall Recommendation

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

Overall Salem Erode Investments Ltd technical analysis sentiment remains neutral with mixed signals.

Salem Erode Investments Ltd Technical Analysis Conclusion

Salem Erode Investments Ltd technical analysis suggests that traders should closely monitor price action around ₹32.97 and key pivot level 32.90. Breakouts above resistance or breakdown below support will define the next trend in Salem Erode Investments Ltd technical analysis.

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