Sheela Foam Technical Analysis

Sheela Foam Ltd Technical Analysis

Sheela Foam Ltd technical analysis is gaining attention among traders and investors tracking Sheela Foam Ltd Technical Analysis trends in the Indian stock market. Sheela Foam Ltd (NSE: SFL, BSE: 540203) is currently trading at ₹649.05, showing a 0.86% move as of Thu, Sep 24, 2026.

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

Sheela Foam Ltd Stock Overview

Sheela Foam Ltd operates in the Process industries sector under the Industrial specialties industry. With a market capitalization of ₹7026.69Cr and a PE ratio of 33.11, Sheela Foam Ltd remains a key stock to watch in Sheela Foam Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹7026.69Cr
• PE Ratio: 33.11
• Dividend Yield: 0.15
• Sector: Process industries
• Industry: Industrial specialties

These fundamentals play an important role in Sheela Foam Ltd technical analysis and valuation tracking.

Sheela Foam Ltd Support and Resistance Levels

Classic Pivot Levels

In Sheela Foam Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1109.97
• Resistance 2: 905.32
• Resistance 1: 773.53
• Pivot Point: 700.67
• Support 1: 568.88
• Support 2: 496.02
• Support 3: 291.37

Conditional Insight

Sheela Foam Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 568.88 and 496.02.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Sheela Foam Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 905.32
• Fibonacci R2: 827.14
• Fibonacci R1: 778.84
• Fibonacci Pivot: 700.67
• Fibonacci S1: 622.49
• Fibonacci S2: 574.19
• Fibonacci S3: 496.02

Sheela Foam Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Sheela Foam Ltd Moving Average Analysis

Moving averages are key indicators in Sheela Foam Ltd technical analysis for identifying trend direction.

• 10 EMA: 657.37
• 20 EMA: 663.51
• 30 EMA: 670.57
• 50 EMA: 677.89
• 100 EMA: 668.67
• 200 EMA: 656.29

Trend Logic

Sheela Foam Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Sheela Foam Ltd technical analysis remains positive above 200 EMA.

Sheela Foam Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 40.12
• MACD: -9.27
• Signal: -9.39
• ADX: 22.51
• Momentum: -32.85

RSI Logic

Sheela Foam Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Sheela Foam Ltd technical analysis indicates bearish momentum with MACD below signal line.

Sheela Foam Ltd Overall Recommendation

• Overall Recommendation Score: -0.38
• Moving Average Recommendation: -0.67
• Other Indicators Recommendation: -0.09

Overall Sheela Foam Ltd technical analysis sentiment remains neutral with mixed signals.

Sheela Foam Ltd Technical Analysis Conclusion

Sheela Foam Ltd technical analysis suggests that traders should closely monitor price action around ₹649.05 and key pivot level 700.67. Breakouts above resistance or breakdown below support will define the next trend in Sheela Foam Ltd technical analysis.

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