Shri Venkatesh Refineries Technical Analysis

Shri Venkatesh Refineries Ltd Technical Analysis

Shri Venkatesh Refineries Ltd technical analysis is gaining attention among traders and investors tracking Shri Venkatesh Refineries Ltd Technical Analysis trends in the Indian stock market. Shri Venkatesh Refineries Ltd (NSE: , BSE: 543373) is currently trading at ₹259.75, showing a -0.10% move as of Sun, May 24, 2026.

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

Shri Venkatesh Refineries Ltd Stock Overview

Shri Venkatesh Refineries Ltd operates in the Process industries sector under the Agricultural commodities/Milling industry. With a market capitalization of ₹5.57B and a PE ratio of 22.74, Shri Venkatesh Refineries Ltd remains a key stock to watch in Shri Venkatesh Refineries Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹5.57B
• PE Ratio: 22.74
• Dividend Yield: 0.40
• Sector: Process industries
• Industry: Agricultural commodities/Milling

These fundamentals play an important role in Shri Venkatesh Refineries Ltd technical analysis and valuation tracking.

Shri Venkatesh Refineries Ltd Support and Resistance Levels

Classic Pivot Levels

In Shri Venkatesh Refineries Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 394.80
• Resistance 2: 325.20
• Resistance 1: 283.20
• Pivot Point: 255.60
• Support 1: 213.60
• Support 2: 186.00
• Support 3: 116.40

Conditional Insight

Shri Venkatesh Refineries Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 213.60 and 186.00.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Shri Venkatesh Refineries Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 325.20
• Fibonacci R2: 298.61
• Fibonacci R1: 282.19
• Fibonacci Pivot: 255.60
• Fibonacci S1: 229.01
• Fibonacci S2: 212.59
• Fibonacci S3: 186.00

Shri Venkatesh Refineries Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Shri Venkatesh Refineries Ltd Moving Average Analysis

Moving averages are key indicators in Shri Venkatesh Refineries Ltd technical analysis for identifying trend direction.

• 10 EMA: 251.97
• 20 EMA: 249.88
• 30 EMA: 250.87
• 50 EMA: 254.57
• 100 EMA: 259.64
• 200 EMA: 252.45

Trend Logic

Shri Venkatesh Refineries Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Shri Venkatesh Refineries Ltd technical analysis remains positive above 200 EMA.

Shri Venkatesh Refineries Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 49.68
• MACD: 0.78
• Signal: -2.01
• ADX: 26.70
• Momentum: 24.95

RSI Logic

Shri Venkatesh Refineries Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Shri Venkatesh Refineries Ltd technical analysis indicates bearish momentum with MACD below signal line.

Shri Venkatesh Refineries Ltd Overall Recommendation

• Overall Recommendation Score: -0.15
• Moving Average Recommendation: -0.40
• Other Indicators Recommendation: 0.09

Overall Shri Venkatesh Refineries Ltd technical analysis sentiment remains neutral with mixed signals.

Shri Venkatesh Refineries Ltd Technical Analysis Conclusion

Shri Venkatesh Refineries Ltd technical analysis suggests that traders should closely monitor price action around ₹259.75 and key pivot level 255.60. Breakouts above resistance or breakdown below support will define the next trend in Shri Venkatesh Refineries Ltd technical analysis.

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