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Sugar & Allied Industries

DWSM Dewan Sugar Mills Limited

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

Last close · 16 Oct 2026

Rs 8.07 -5.94%

Technical analysis · updated after the close, 16 Oct 2026

Dewan Sugar Mills Limited (DWSM) technical analysis

DWSM closed at Rs 8.07 on 16 Oct 2026 (-5.94%). The daily picture is bullish: the price is above 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 62.6 is firm but not overbought. The weekly trend is strongly bullish, and the monthly chart is strongly bullish. Nearest support is the daily S2 at 7.66, resistance S1 at 8.12.

Daily

Bullish

Weekly

Strongly bullish

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

2 bullish · 5 neutral · 3 bearish

Indicator Value Reading
RSI (14) 62.64 Neutral
Stochastic %K (14, 3, 3) 82.57 Bearish
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 131.48 Bearish
ADX (14) 28.06 Bullish
Williams %R (14) -28.42 Neutral
MACD (12, 26, 9) 0.44 Bullish
Momentum (10) 0.86 Bearish
Ultimate Oscillator (7, 14, 28) 48.87 Neutral
Bull Bear Power (13) 1.67 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 7.53 7.64
MA 20 7.00 7.21
MA 30 6.67 7.02
MA 50 6.71 6.89
MA 100 6.88 6.80
MA 200 6.64 6.73

Support & resistance

Daily pivots
  • R3 9.82
  • R2 9.36
  • R1 8.97
  • Pivot 8.51
  • S1 8.12
  • S2 7.66
  • S3 7.27
  • Close 8.07

Pivot points

Level Classic Fibonacci Camarilla
R3 9.82 9.36 8.81
R2 9.36 9.04 8.74
R1 8.97 8.83 8.66
Pivot 8.51 8.51 8.51
S1 8.12 8.19 8.50
S2 7.66 7.98 8.42
S3 7.27 7.66 8.35

Range & volatility

52-week range

4.919.50

ATR (14)
0.698.5% of price
Bollinger Bands (20, 2)
5.53 – 8.46
From the 52-week high
-15.1%
Bars analysed
3,928

Oscillators

Bullish

4 bullish · 6 neutral · 0 bearish

Indicator Value Reading
RSI (14) 61.47 Neutral
Stochastic %K (14, 3, 3) 59.33 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 184.28 Neutral
ADX (14) 23.37 Bullish
Williams %R (14) -24.70 Neutral
MACD (12, 26, 9) 0.11 Bullish
Momentum (10) 1.18 Bullish
Ultimate Oscillator (7, 14, 28) 52.04 Neutral
Bull Bear Power (13) 1.74 Bullish

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 6.81 7.03
MA 20 6.97 6.91
MA 30 6.79 6.86
MA 50 6.84 6.76
MA 100 6.56 6.32
MA 200 4.95 5.50

Support & resistance

Weekly pivots
  • R3 10.06
  • R2 9.14
  • R1 8.22
  • Pivot 7.30
  • S1 6.38
  • S2 5.46
  • S3 4.54
  • Close 8.07

Pivot points

Level Classic Fibonacci Camarilla
R3 10.06 9.14 7.81
R2 9.14 8.44 7.64
R1 8.22 8.00 7.47
Pivot 7.30 7.30 7.30
S1 6.38 6.60 7.13
S2 5.46 6.16 6.96
S3 4.54 5.46 6.79

Range & volatility

52-week range

4.919.50

ATR (14)
1.0913.5% of price
Bollinger Bands (20, 2)
5.90 – 8.03
From the 52-week high
-15.1%
Bars analysed
922

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 62.41 Neutral
Stochastic %K (14, 3, 3) 37.86 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 93.09 Neutral
ADX (14) 37.30 Bullish
Williams %R (14) -41.26 Neutral
MACD (12, 26, 9) 0.55 Bearish
Momentum (10) 0.57 Bullish
Ultimate Oscillator (7, 14, 28) 39.19 Neutral
Bull Bear Power (13) 1.51 Bullish

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 6.59 6.79
MA 20 6.61 6.43
MA 30 6.22 6.02
MA 50 4.77 5.40
MA 100 4.07 4.72
MA 200 4.29 4.35

Support & resistance

Monthly pivots
  • R3 8.29
  • R2 7.63
  • R1 6.85
  • Pivot 6.19
  • S1 5.41
  • S2 4.75
  • S3 3.97
  • Close 8.07

Pivot points

Level Classic Fibonacci Camarilla
R3 8.29 7.63 6.46
R2 7.63 7.08 6.32
R1 6.85 6.74 6.19
Pivot 6.19 6.19 6.19
S1 5.41 5.64 5.93
S2 4.75 5.30 5.80
S3 3.97 4.75 5.66

Range & volatility

52-week range

4.919.50

ATR (14)
1.8723.2% of price
Bollinger Bands (20, 2)
5.13 – 8.08
From the 52-week high
-15.1%
Bars analysed
215

How these readings work

Computed after each close from DWSM'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 18 Dec 2008 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

DWSM overview and price history →