Waaree Renewable Technologies Technical Analysis

Waaree Renewable Technologies Ltd Technical Analysis

Waaree Renewable Technologies Ltd technical analysis is gaining attention among traders and investors tracking Waaree Renewable Technologies Ltd Technical Analysis trends in the Indian stock market. Waaree Renewable Technologies Ltd (NSE: WAAREERTL, BSE: 534618) is currently trading at ₹1066.05, showing a -2.50% move as of Tue, Apr 28, 2026.

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

Waaree Renewable Technologies Ltd Stock Overview

Waaree Renewable Technologies Ltd operates in the Utilities sector under the Alternative power generation industry. With a market capitalization of ₹114.08B and a PE ratio of 23.25, Waaree Renewable Technologies Ltd remains a key stock to watch in Waaree Renewable Technologies Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹114.08B
• PE Ratio: 23.25
• Dividend Yield: 0.18
• Sector: Utilities
• Industry: Alternative power generation

These fundamentals play an important role in Waaree Renewable Technologies Ltd technical analysis and valuation tracking.

Waaree Renewable Technologies Ltd Support and Resistance Levels

Classic Pivot Levels

In Waaree Renewable Technologies Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1020.42
• Resistance 2: 917.57
• Resistance 1: 849.93
• Pivot Point: 814.72
• Support 1: 747.08
• Support 2: 711.87
• Support 3: 609.02

Conditional Insight

Waaree Renewable Technologies Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 747.08 and 711.87.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Waaree Renewable Technologies Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 917.57
• Fibonacci R2: 878.28
• Fibonacci R1: 854.01
• Fibonacci Pivot: 814.72
• Fibonacci S1: 775.43
• Fibonacci S2: 751.16
• Fibonacci S3: 711.87

Waaree Renewable Technologies Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Waaree Renewable Technologies Ltd Moving Average Analysis

Moving averages are key indicators in Waaree Renewable Technologies Ltd technical analysis for identifying trend direction.

• 10 EMA: 1034.22
• 20 EMA: 984.58
• 30 EMA: 954.86
• 50 EMA: 932.78
• 100 EMA: 942.21
• 200 EMA: 978.97

Trend Logic

Waaree Renewable Technologies Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Waaree Renewable Technologies Ltd technical analysis remains positive above 200 EMA.

Waaree Renewable Technologies Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 62.60
• MACD: 58.54
• Signal: 49.99
• ADX: 34.22
• Momentum: 136.65

RSI Logic

Waaree Renewable Technologies Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Waaree Renewable Technologies Ltd technical analysis indicates bearish momentum with MACD below signal line.

Waaree Renewable Technologies Ltd Overall Recommendation

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

Overall Waaree Renewable Technologies Ltd technical analysis sentiment remains neutral with mixed signals.

Waaree Renewable Technologies Ltd Technical Analysis Conclusion

Waaree Renewable Technologies Ltd technical analysis suggests that traders should closely monitor price action around ₹1066.05 and key pivot level 814.72. Breakouts above resistance or breakdown below support will define the next trend in Waaree Renewable Technologies Ltd technical analysis.

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