Last close · 16 Oct 2026
Rs 126.26 +1.77%
Technical analysis · updated after the close, 16 Oct 2026
Nishat Mills Limited (NML) technical analysis
NML closed at Rs 126.26 on 16 Oct 2026 (+1.77%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 42.9 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily R1 at 125.44, resistance R2 at 126.82.
Daily
Bearish
Weekly
Bearish
Monthly
Neutral
Oscillators
Neutral
2 bullish · 6 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 37.94 | Neutral |
| Stochastic %K (14, 3, 3) | 7.84 | Neutral |
| Stochastic RSI (14, 3, 3) | 92.79 | Neutral |
| CCI (20) | -145.80 | Bullish |
| ADX (14) | 16.00 | Neutral |
| Williams %R (14) | -86.36 | Bullish |
| MACD (12, 26, 9) | -6.69 | Bearish |
| Momentum (10) | -27.53 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 45.95 | Neutral |
| Bull Bear Power (13) | -24.34 | Neutral |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 135.69 | Bearish | 134.08 | Bearish |
| MA 20 | 143.26 | Bearish | 140.06 | Bearish |
| MA 30 | 143.99 | Bearish | 143.29 | Bearish |
| MA 50 | 153.85 | Bearish | 144.07 | Bearish |
| MA 100 | 137.08 | Bearish | 133.93 | Bearish |
| MA 200 | 101.06 | Bullish | 117.18 | Bullish |
Support & resistance
Weekly pivots- R3 135.03
- R2 131.87
- R1 127.66
- Pivot 124.50
- S1 120.29
- S2 117.13
- S3 112.92
- Close 126.26
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 135.03 | 131.87 | 125.49 |
| R2 | 131.87 | 129.05 | 124.81 |
| R1 | 127.66 | 127.31 | 124.14 |
| Pivot | 124.50 | 124.50 | 124.50 |
| S1 | 120.29 | 121.68 | 122.78 |
| S2 | 117.13 | 119.94 | 122.11 |
| S3 | 112.92 | 117.13 | 121.43 |
Range & volatility
52-week range
120.00208.40
- ATR (14)
- 10.558.4% of price
- Bollinger Bands (20, 2)
- 121.88 – 164.64
- From the 52-week high
- -39.4%
- Bars analysed
- 1,681
How these readings work
Computed after each close from NML'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.