Shree Ajit Pulp and Paper Technical Analysis

Shree Ajit Pulp and Paper Ltd Technical Analysis

Shree Ajit Pulp and Paper Ltd technical analysis is gaining attention among traders and investors tracking Shree Ajit Pulp and Paper Ltd Technical Analysis trends in the Indian stock market. Shree Ajit Pulp and Paper Ltd (NSE: , BSE: 538795) is currently trading at ₹274, showing a -1.03% move as of Tue, Apr 28, 2026.

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

Shree Ajit Pulp and Paper Ltd Stock Overview

Shree Ajit Pulp and Paper Ltd operates in the Process industries sector under the Pulp & paper industry. With a market capitalization of ₹2.39B and a PE ratio of 9.79, Shree Ajit Pulp and Paper Ltd remains a key stock to watch in Shree Ajit Pulp and Paper Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹2.39B
• PE Ratio: 9.79
• Dividend Yield: 0
• Sector: Process industries
• Industry: Pulp & paper

These fundamentals play an important role in Shree Ajit Pulp and Paper Ltd technical analysis and valuation tracking.

Shree Ajit Pulp and Paper Ltd Support and Resistance Levels

Classic Pivot Levels

In Shree Ajit Pulp and Paper Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 346.77
• Resistance 2: 304.52
• Resistance 1: 286.78
• Pivot Point: 262.27
• Support 1: 244.53
• Support 2: 220.02
• Support 3: 177.77

Conditional Insight

Shree Ajit Pulp and Paper Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 244.53 and 220.02.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Shree Ajit Pulp and Paper Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 304.52
• Fibonacci R2: 288.38
• Fibonacci R1: 278.41
• Fibonacci Pivot: 262.27
• Fibonacci S1: 246.13
• Fibonacci S2: 236.16
• Fibonacci S3: 220.02

Shree Ajit Pulp and Paper Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Shree Ajit Pulp and Paper Ltd Moving Average Analysis

Moving averages are key indicators in Shree Ajit Pulp and Paper Ltd technical analysis for identifying trend direction.

• 10 EMA: 285.18
• 20 EMA: 275.31
• 30 EMA: 270.12
• 50 EMA: 264.05
• 100 EMA: 255.60
• 200 EMA: 244.12

Trend Logic

Shree Ajit Pulp and Paper Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Shree Ajit Pulp and Paper Ltd technical analysis remains positive above 200 EMA.

Shree Ajit Pulp and Paper Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 65.69
• MACD: 10.61
• Signal: 6.42
• ADX: 21.91
• Momentum: 51.75

RSI Logic

Shree Ajit Pulp and Paper Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Shree Ajit Pulp and Paper Ltd technical analysis indicates bearish momentum with MACD below signal line.

Shree Ajit Pulp and Paper Ltd Overall Recommendation

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

Overall Shree Ajit Pulp and Paper Ltd technical analysis sentiment remains neutral with mixed signals.

Shree Ajit Pulp and Paper Ltd Technical Analysis Conclusion

Shree Ajit Pulp and Paper Ltd technical analysis suggests that traders should closely monitor price action around ₹274 and key pivot level 262.27. Breakouts above resistance or breakdown below support will define the next trend in Shree Ajit Pulp and Paper Ltd technical analysis.

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