SHSML Shahmurad Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 351.00 +2.32%
Technical analysis · updated after the close, 16 Oct 2026
Shahmurad Sugar Mills Limited (SHSML) technical analysis
SHSML closed at Rs 351.00 on 16 Oct 2026 (+2.32%). The daily picture is neutral: the price is below 4 of its 6 simple moving averages, MACD is above its signal line and RSI at 46.9 is neutral. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily R1 at 349.54, resistance R2 at 356.03.
Daily
Neutral
Weekly
Bearish
Monthly
Neutral
Oscillators
Neutral
2 bullish · 5 neutral · 3 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 40.49 | Neutral |
| Stochastic %K (14, 3, 3) | 17.38 | Bullish |
| Stochastic RSI (14, 3, 3) | 98.54 | Neutral |
| CCI (20) | -111.20 | Bullish |
| ADX (14) | 20.91 | Bearish |
| Williams %R (14) | -76.10 | Neutral |
| MACD (12, 26, 9) | -12.61 | Bearish |
| Momentum (10) | -30.96 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 40.70 | Neutral |
| Bull Bear Power (13) | -26.13 | Neutral |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 362.40 | Bearish | 359.29 | Bearish |
| MA 20 | 373.35 | Bearish | 369.48 | Bearish |
| MA 30 | 376.55 | Bearish | 377.14 | Bearish |
| MA 50 | 397.17 | Bearish | 386.80 | Bearish |
| MA 100 | 404.80 | Bearish | 384.45 | Bearish |
| MA 200 | 344.33 | Bullish | 338.69 | Bullish |
Support & resistance
Weekly pivots- R3 379.15
- R2 369.08
- R1 360.15
- Pivot 350.08
- S1 341.15
- S2 331.08
- S3 322.15
- Close 351.00
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 379.15 | 369.08 | 356.46 |
| R2 | 369.08 | 361.82 | 354.71 |
| R1 | 360.15 | 357.33 | 352.97 |
| Pivot | 350.08 | 350.08 | 350.08 |
| S1 | 341.15 | 342.82 | 349.49 |
| S2 | 331.08 | 338.33 | 347.75 |
| S3 | 322.15 | 331.08 | 346.00 |
Range & volatility
52-week range
326.00524.89
- ATR (14)
- 30.228.6% of price
- Bollinger Bands (20, 2)
- 340.14 – 406.56
- From the 52-week high
- -33.1%
- Bars analysed
- 1,172
How these readings work
Computed after each close from SHSML'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 Jul 2003 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).