Sheel Biotech Technical Analysis

Sheel Biotech Ltd Technical Analysis

Sheel Biotech Ltd technical analysis is gaining attention among traders and investors tracking Sheel Biotech Ltd Technical Analysis trends in the Indian stock market. Sheel Biotech Ltd (NSE: SHEEL, BSE: 92363) is currently trading at ₹42.40, showing a -4.18% move as of Wed, Apr 08, 2026.

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

Sheel Biotech Ltd Stock Overview

Sheel Biotech Ltd operates in the Process industries sector under the Agricultural commodities/Milling industry. With a market capitalization of ₹862.95M and a PE ratio of 4.32, Sheel Biotech Ltd remains a key stock to watch in Sheel Biotech Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹862.95M
• PE Ratio: 4.32
• Dividend Yield: 0
• Sector: Process industries
• Industry: Agricultural commodities/Milling

These fundamentals play an important role in Sheel Biotech Ltd technical analysis and valuation tracking.

Sheel Biotech Ltd Support and Resistance Levels

Classic Pivot Levels

In Sheel Biotech Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: -
• Resistance 2: -
• Resistance 1: -
• Pivot Point: -
• Support 1: -
• Support 2: -
• Support 3: -

Conditional Insight

Sheel Biotech Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near - and -.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Sheel Biotech Ltd technical analysis to identify retracement zones.

• Fibonacci R3: -
• Fibonacci R2: -
• Fibonacci R1: -
• Fibonacci Pivot: -
• Fibonacci S1: -
• Fibonacci S2: -
• Fibonacci S3: -

Sheel Biotech Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Sheel Biotech Ltd Moving Average Analysis

Moving averages are key indicators in Sheel Biotech Ltd technical analysis for identifying trend direction.

• 10 EMA: -
• 20 EMA: -
• 30 EMA: -
• 50 EMA: -
• 100 EMA: -
• 200 EMA: -

Trend Logic

Sheel Biotech Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Sheel Biotech Ltd technical analysis remains positive above 200 EMA.

Sheel Biotech Ltd Technical Indicators Overview

Momentum Indicators

• RSI: -
• MACD: -
• Signal: -
• ADX: -
• Momentum: -

RSI Logic

Sheel Biotech Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Sheel Biotech Ltd technical analysis indicates bearish momentum with MACD below signal line.

Sheel Biotech Ltd Overall Recommendation

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

Overall Sheel Biotech Ltd technical analysis sentiment remains neutral with mixed signals.

Sheel Biotech Ltd Technical Analysis Conclusion

Sheel Biotech Ltd technical analysis suggests that traders should closely monitor price action around ₹42.40 and key pivot level -. Breakouts above resistance or breakdown below support will define the next trend in Sheel Biotech Ltd technical analysis.

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