Sobhagya Mercantile Technical Analysis

Sobhagya Mercantile Ltd Technical Analysis

Sobhagya Mercantile Ltd technical analysis is gaining attention among traders and investors tracking Sobhagya Mercantile Ltd Technical Analysis trends in the Indian stock market. Sobhagya Mercantile Ltd (NSE: , BSE: 512014) is currently trading at ₹857.30, showing a -3.12% move as of Thu, Jun 11, 2026.

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

Sobhagya Mercantile Ltd Stock Overview

Sobhagya Mercantile Ltd operates in the Non-energy minerals sector under the Construction materials industry. With a market capitalization of ₹840.47Cr and a PE ratio of 31.33, Sobhagya Mercantile Ltd remains a key stock to watch in Sobhagya Mercantile Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹840.47Cr
• PE Ratio: 31.33
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Construction materials

These fundamentals play an important role in Sobhagya Mercantile Ltd technical analysis and valuation tracking.

Sobhagya Mercantile Ltd Support and Resistance Levels

Classic Pivot Levels

In Sobhagya Mercantile Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1042.25
• Resistance 2: 967.70
• Resistance 1: 940.85
• Pivot Point: 893.15
• Support 1: 866.30
• Support 2: 818.60
• Support 3: 744.05

Conditional Insight

Sobhagya Mercantile Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 866.30 and 818.60.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Sobhagya Mercantile Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 967.70
• Fibonacci R2: 939.22
• Fibonacci R1: 921.63
• Fibonacci Pivot: 893.15
• Fibonacci S1: 864.67
• Fibonacci S2: 847.08
• Fibonacci S3: 818.60

Sobhagya Mercantile Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Sobhagya Mercantile Ltd Moving Average Analysis

Moving averages are key indicators in Sobhagya Mercantile Ltd technical analysis for identifying trend direction.

• 10 EMA: 875.50
• 20 EMA: 880.76
• 30 EMA: 879.32
• 50 EMA: 870.02
• 100 EMA: 851.79
• 200 EMA: 794.27

Trend Logic

Sobhagya Mercantile Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Sobhagya Mercantile Ltd technical analysis remains positive above 200 EMA.

Sobhagya Mercantile Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 45.44
• MACD: -3.28
• Signal: 0.95
• ADX: 19.93
• Momentum: -19.70

RSI Logic

Sobhagya Mercantile Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Sobhagya Mercantile Ltd technical analysis indicates bearish momentum with MACD below signal line.

Sobhagya Mercantile Ltd Overall Recommendation

• Overall Recommendation Score: -0.36
• Moving Average Recommendation: -0.53
• Other Indicators Recommendation: -0.18

Overall Sobhagya Mercantile Ltd technical analysis sentiment remains neutral with mixed signals.

Sobhagya Mercantile Ltd Technical Analysis Conclusion

Sobhagya Mercantile Ltd technical analysis suggests that traders should closely monitor price action around ₹857.30 and key pivot level 893.15. Breakouts above resistance or breakdown below support will define the next trend in Sobhagya Mercantile Ltd technical analysis.

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