Shoppers Stop Technical Analysis

Shoppers Stop Ltd Technical Analysis

Shoppers Stop Ltd technical analysis is gaining attention among traders and investors tracking Shoppers Stop Ltd Technical Analysis trends in the Indian stock market. Shoppers Stop Ltd (NSE: SHOPERSTOP, BSE: 532638) is currently trading at ₹296.90, showing a 0.83% move as of Wed, May 06, 2026.

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

Shoppers Stop Ltd Stock Overview

Shoppers Stop Ltd operates in the Retail trade sector under the Department stores industry. With a market capitalization of ₹32.44B and a PE ratio of 0, Shoppers Stop Ltd remains a key stock to watch in Shoppers Stop Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹32.44B
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Retail trade
• Industry: Department stores

These fundamentals play an important role in Shoppers Stop Ltd technical analysis and valuation tracking.

Shoppers Stop Ltd Support and Resistance Levels

Classic Pivot Levels

In Shoppers Stop Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 363.93
• Resistance 2: 331.83
• Resistance 1: 314.37
• Pivot Point: 299.73
• Support 1: 282.27
• Support 2: 267.63
• Support 3: 235.53

Conditional Insight

Shoppers Stop Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 282.27 and 267.63.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Shoppers Stop Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 331.83
• Fibonacci R2: 319.57
• Fibonacci R1: 312.00
• Fibonacci Pivot: 299.73
• Fibonacci S1: 287.47
• Fibonacci S2: 279.90
• Fibonacci S3: 267.63

Shoppers Stop Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Shoppers Stop Ltd Moving Average Analysis

Moving averages are key indicators in Shoppers Stop Ltd technical analysis for identifying trend direction.

• 10 EMA: 296.34
• 20 EMA: 297.78
• 30 EMA: 301.07
• 50 EMA: 312.34
• 100 EMA: 347.34
• 200 EMA: 406.11

Trend Logic

Shoppers Stop Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Shoppers Stop Ltd technical analysis remains positive above 200 EMA.

Shoppers Stop Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 43.00
• MACD: -2.91
• Signal: -3.43
• ADX: 26.84
• Momentum: -16.35

RSI Logic

Shoppers Stop Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Shoppers Stop Ltd technical analysis indicates bearish momentum with MACD below signal line.

Shoppers Stop Ltd Overall Recommendation

• Overall Recommendation Score: -0.56
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.18

Overall Shoppers Stop Ltd technical analysis sentiment remains neutral with mixed signals.

Shoppers Stop Ltd Technical Analysis Conclusion

Shoppers Stop Ltd technical analysis suggests that traders should closely monitor price action around ₹296.90 and key pivot level 299.73. Breakouts above resistance or breakdown below support will define the next trend in Shoppers Stop Ltd technical analysis.

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