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Sugar & Allied Industries

CHAS Chashma Sugar Mills Limited

Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026

Last close · 16 Oct 2026

Rs 83.92 -0.06%

Technical analysis · updated after the close, 16 Oct 2026

Chashma Sugar Mills Limited (CHAS) technical analysis

CHAS closed at Rs 83.92 on 16 Oct 2026 (-0.06%). The daily picture is bullish: the price is above 4 of its 6 simple moving averages, MACD is above its signal line and RSI at 51.9 is neutral. The weekly trend is neutral, while the monthly chart is still strongly bullish. Nearest support is the daily pivot at 82.99, resistance R1 at 84.96.

Daily

Bullish

Weekly

Neutral

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 51.88 Neutral
Stochastic %K (14, 3, 3) 61.82 Neutral
Stochastic RSI (14, 3, 3) 94.51 Bearish
CCI (20) 59.74 Neutral
ADX (14) 11.40 Neutral
Williams %R (14) -35.51 Neutral
MACD (12, 26, 9) -0.22 Bullish
Momentum (10) 1.95 Bearish
Ultimate Oscillator (7, 14, 28) 60.02 Neutral
Bull Bear Power (13) 0.09 Bullish

Moving averages

Bullish

8 bullish · 0 neutral · 4 bearish

Period Simple Exponential
MA 10 82.61 82.88
MA 20 82.17 82.67
MA 30 81.76 83.29
MA 50 84.35 84.90
MA 100 90.55 85.46
MA 200 80.20 82.13

Support & resistance

Daily pivots
  • R3 87.92
  • R2 85.95
  • R1 84.96
  • Pivot 82.99
  • S1 82.00
  • S2 80.03
  • S3 79.04
  • Close 83.92

Pivot points

Level Classic Fibonacci Camarilla
R3 87.92 85.95 84.78
R2 85.95 84.82 84.51
R1 84.96 84.12 84.24
Pivot 82.99 82.99 82.99
S1 82.00 81.86 83.70
S2 80.03 81.16 83.43
S3 79.04 80.03 83.16

Range & volatility

52-week range

56.01160.49

ATR (14)
4.114.9% of price
Bollinger Bands (20, 2)
78.85 – 85.49
From the 52-week high
-47.7%
Bars analysed
4,088

Oscillators

Neutral

3 bullish · 4 neutral · 3 bearish

Indicator Value Reading
RSI (14) 49.16 Neutral
Stochastic %K (14, 3, 3) 12.08 Bullish
Stochastic RSI (14, 3, 3) 80.94 Neutral
CCI (20) -56.68 Neutral
ADX (14) 31.38 Bullish
Williams %R (14) -83.88 Bullish
MACD (12, 26, 9) 0.54 Bearish
Momentum (10) -9.85 Bearish
Ultimate Oscillator (7, 14, 28) 50.03 Neutral
Bull Bear Power (13) -10.19 Bearish

Moving averages

Neutral

6 bullish · 0 neutral · 6 bearish

Period Simple Exponential
MA 10 84.39 85.32
MA 20 91.61 86.04
MA 30 84.96 84.63
MA 50 79.47 81.40
MA 100 74.47 76.24
MA 200 68.04 71.84

Support & resistance

Weekly pivots
  • R3 100.90
  • R2 94.45
  • R1 89.41
  • Pivot 82.96
  • S1 77.92
  • S2 71.47
  • S3 66.43
  • Close 83.92

Pivot points

Level Classic Fibonacci Camarilla
R3 100.90 94.45 87.53
R2 94.45 90.06 86.48
R1 89.41 87.35 85.42
Pivot 82.96 82.96 82.96
S1 77.92 78.57 83.32
S2 71.47 75.86 82.26
S3 66.43 71.47 81.21

Range & volatility

52-week range

56.01160.49

ATR (14)
12.1314.5% of price
Bollinger Bands (20, 2)
61.91 – 121.31
From the 52-week high
-47.7%
Bars analysed
1,109

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 54.54 Neutral
Stochastic %K (14, 3, 3) 26.66 Neutral
Stochastic RSI (14, 3, 3) 47.43 Neutral
CCI (20) 47.30 Neutral
ADX (14) 36.55 Bullish
Williams %R (14) -73.29 Neutral
MACD (12, 26, 9) 5.86 Bullish
Momentum (10) 12.17 Bearish
Ultimate Oscillator (7, 14, 28) 41.29 Neutral
Bull Bear Power (13) 3.49 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 81.10 82.34
MA 20 74.10 77.19
MA 30 71.28 74.25
MA 50 67.15 71.14
MA 100 66.16 65.43
MA 200 49.67 50.22

Support & resistance

Monthly pivots
  • R3 100.12
  • R2 94.05
  • R1 88.36
  • Pivot 82.29
  • S1 76.60
  • S2 70.53
  • S3 64.84
  • Close 83.92

Pivot points

Level Classic Fibonacci Camarilla
R3 100.12 94.05 85.90
R2 94.05 89.56 84.83
R1 88.36 86.78 83.75
Pivot 82.29 82.29 82.29
S1 76.60 77.80 81.59
S2 70.53 75.02 80.51
S3 64.84 70.53 79.44

Range & volatility

52-week range

56.01160.49

ATR (14)
22.5926.9% of price
Bollinger Bands (20, 2)
47.13 – 101.07
From the 52-week high
-47.7%
Bars analysed
270

How these readings work

Computed after each close from CHAS's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

History before 5 Apr 2004 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

Pattern signals for CHAS → CHAS overview and price history →