Shaily Engineering Plastics Technical Analysis

Shaily Engineering Plastics Ltd Technical Analysis

Shaily Engineering Plastics Ltd technical analysis is gaining attention among traders and investors tracking Shaily Engineering Plastics Ltd Technical Analysis trends in the Indian stock market. Shaily Engineering Plastics Ltd (NSE: SHAILY, BSE: 501423) is currently trading at ₹2532.60, showing a 0.20% move as of Fri, May 01, 2026.

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

Shaily Engineering Plastics Ltd Stock Overview

Shaily Engineering Plastics Ltd operates in the Process industries sector under the Chemicals: specialty industry. With a market capitalization of ₹115.9B and a PE ratio of 73.73, Shaily Engineering Plastics Ltd remains a key stock to watch in Shaily Engineering Plastics Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹115.9B
• PE Ratio: 73.73
• Dividend Yield: 0.08
• Sector: Process industries
• Industry: Chemicals: specialty

These fundamentals play an important role in Shaily Engineering Plastics Ltd technical analysis and valuation tracking.

Shaily Engineering Plastics Ltd Support and Resistance Levels

Classic Pivot Levels

In Shaily Engineering Plastics Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 3540.03
• Resistance 2: 2834.93
• Resistance 1: 2459.67
• Pivot Point: 2129.83
• Support 1: 1754.57
• Support 2: 1424.73
• Support 3: 719.63

Conditional Insight

Shaily Engineering Plastics Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 1754.57 and 1424.73.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Shaily Engineering Plastics Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 2834.93
• Fibonacci R2: 2565.59
• Fibonacci R1: 2399.18
• Fibonacci Pivot: 2129.83
• Fibonacci S1: 1860.49
• Fibonacci S2: 1694.08
• Fibonacci S3: 1424.73

Shaily Engineering Plastics Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Shaily Engineering Plastics Ltd Moving Average Analysis

Moving averages are key indicators in Shaily Engineering Plastics Ltd technical analysis for identifying trend direction.

• 10 EMA: 2309.79
• 20 EMA: 2198.36
• 30 EMA: 2155.54
• 50 EMA: 2129.13
• 100 EMA: 2132.54
• 200 EMA: 2065.53

Trend Logic

Shaily Engineering Plastics Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Shaily Engineering Plastics Ltd technical analysis remains positive above 200 EMA.

Shaily Engineering Plastics Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 69.33
• MACD: 107.28
• Signal: 38.52
• ADX: 27.57
• Momentum: 631.50

RSI Logic

Shaily Engineering Plastics Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Shaily Engineering Plastics Ltd technical analysis indicates bearish momentum with MACD below signal line.

Shaily Engineering Plastics Ltd Overall Recommendation

• Overall Recommendation Score: 0.40
• Moving Average Recommendation: 0.80
• Other Indicators Recommendation: 0

Overall Shaily Engineering Plastics Ltd technical analysis sentiment remains neutral with mixed signals.

Shaily Engineering Plastics Ltd Technical Analysis Conclusion

Shaily Engineering Plastics Ltd technical analysis suggests that traders should closely monitor price action around ₹2532.60 and key pivot level 2129.83. Breakouts above resistance or breakdown below support will define the next trend in Shaily Engineering Plastics Ltd technical analysis.

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