Shankara Building Products Technical Analysis

Shankara Building Products Ltd Technical Analysis

Shankara Building Products Ltd technical analysis is gaining attention among traders and investors tracking Shankara Building Products Ltd Technical Analysis trends in the Indian stock market. Shankara Building Products Ltd (NSE: SHANKARA, BSE: 540425) is currently trading at ₹122.70, showing a -2.00% move as of Sun, May 24, 2026.

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

Shankara Building Products Ltd Stock Overview

Shankara Building Products Ltd operates in the Retail trade sector under the Home improvement chains industry. With a market capitalization of ₹3B and a PE ratio of 8.31, Shankara Building Products Ltd remains a key stock to watch in Shankara Building Products Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹3B
• PE Ratio: 8.31
• Dividend Yield: 2.37
• Sector: Retail trade
• Industry: Home improvement chains

These fundamentals play an important role in Shankara Building Products Ltd technical analysis and valuation tracking.

Shankara Building Products Ltd Support and Resistance Levels

Classic Pivot Levels

In Shankara Building Products Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 165.57
• Resistance 2: 143.25
• Resistance 1: 132.40
• Pivot Point: 120.93
• Support 1: 110.08
• Support 2: 98.61
• Support 3: 76.29

Conditional Insight

Shankara Building Products Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 110.08 and 98.61.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Shankara Building Products Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 143.25
• Fibonacci R2: 134.72
• Fibonacci R1: 129.45
• Fibonacci Pivot: 120.93
• Fibonacci S1: 112.40
• Fibonacci S2: 107.13
• Fibonacci S3: 98.61

Shankara Building Products Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Shankara Building Products Ltd Moving Average Analysis

Moving averages are key indicators in Shankara Building Products Ltd technical analysis for identifying trend direction.

• 10 EMA: 120.62
• 20 EMA: 118.94
• 30 EMA: 118.03
• 50 EMA: 116.71
• 100 EMA: 120.50
• 200 EMA: 136.27

Trend Logic

Shankara Building Products Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Shankara Building Products Ltd technical analysis remains positive above 200 EMA.

Shankara Building Products Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 61.36
• MACD: 1.67
• Signal: 0.37
• ADX: 26.64
• Momentum: 15.51

RSI Logic

Shankara Building Products Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Shankara Building Products Ltd technical analysis indicates bearish momentum with MACD below signal line.

Shankara Building Products Ltd Overall Recommendation

• Overall Recommendation Score: 0.36
• Moving Average Recommendation: 0.53
• Other Indicators Recommendation: 0.18

Overall Shankara Building Products Ltd technical analysis sentiment remains neutral with mixed signals.

Shankara Building Products Ltd Technical Analysis Conclusion

Shankara Building Products Ltd technical analysis suggests that traders should closely monitor price action around ₹122.70 and key pivot level 120.93. Breakouts above resistance or breakdown below support will define the next trend in Shankara Building Products Ltd technical analysis.

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