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Sugar & Allied Industries

SML Shakarganj Limited

Latest results: FY2025 · Sep 2025 Q2 FY2026 · Jan – Mar 2026

Last close · 15 Oct 2026

Rs 92.66 0.00%

Technical analysis · updated after the close, 15 Oct 2026

Shakarganj Limited (SML) technical analysis

SML closed at Rs 92.66 on 15 Oct 2026 (0.00%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is below its signal line and RSI at 36.5 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily S1 at 92.13, resistance the pivot at 93.53.

Daily

Strongly bearish

Weekly

Bearish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Bearish

0 bullish · 6 neutral · 4 bearish

Indicator Value Reading
RSI (14) 36.45 Neutral
Stochastic %K (14, 3, 3) 37.61 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -88.89 Neutral
ADX (14) 34.26 Bearish
Williams %R (14) -52.43 Neutral
MACD (12, 26, 9) -0.92 Bearish
Momentum (10) -7.34 Bearish
Ultimate Oscillator (7, 14, 28) 62.11 Neutral
Bull Bear Power (13) -7.20 Bearish

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 96.94 95.54
MA 20 96.20 96.27
MA 30 95.67 97.04
MA 50 98.10 99.43
MA 100 107.11 104.83
MA 200 118.30 104.34

Support & resistance

Daily pivots
  • R3 95.99
  • R2 95.46
  • R1 94.06
  • Pivot 93.53
  • S1 92.13
  • S2 91.60
  • S3 90.20
  • Close 92.66

Pivot points

Level Classic Fibonacci Camarilla
R3 95.99 95.46 93.19
R2 95.46 94.72 93.01
R1 94.06 94.27 92.84
Pivot 93.53 93.53 93.53
S1 92.13 92.79 92.48
S2 91.60 92.34 92.31
S3 90.20 91.60 92.13

Range & volatility

52-week range

65.00167.42

ATR (14)
5.706.2% of price
Bollinger Bands (20, 2)
90.08 – 102.32
From the 52-week high
-44.7%
Bars analysed
4,281

Oscillators

Bearish

0 bullish · 6 neutral · 4 bearish

Indicator Value Reading
RSI (14) 38.84 Neutral
Stochastic %K (14, 3, 3) 29.49 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -90.83 Neutral
ADX (14) 20.99 Bearish
Williams %R (14) -78.67 Neutral
MACD (12, 26, 9) -5.31 Bearish
Momentum (10) -14.48 Bearish
Ultimate Oscillator (7, 14, 28) 65.56 Neutral
Bull Bear Power (13) -16.08 Bearish

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 97.01 98.70
MA 20 104.77 103.52
MA 30 112.24 105.45
MA 50 113.05 102.63
MA 100 81.71 88.55
MA 200 59.79 71.68

Support & resistance

Weekly pivots
  • R3 109.31
  • R2 104.28
  • R1 101.07
  • Pivot 96.04
  • S1 92.83
  • S2 87.80
  • S3 84.59
  • Close 92.66

Pivot points

Level Classic Fibonacci Camarilla
R3 109.31 104.28 100.13
R2 104.28 101.13 99.37
R1 101.07 99.19 98.62
Pivot 96.04 96.04 96.04
S1 92.83 92.89 97.10
S2 87.80 90.95 96.35
S3 84.59 87.80 95.59

Range & volatility

52-week range

65.00167.42

ATR (14)
14.4615.6% of price
Bollinger Bands (20, 2)
85.80 – 123.73
From the 52-week high
-44.7%
Bars analysed
1,076

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 53.41 Neutral
Stochastic %K (14, 3, 3) 30.93 Neutral
Stochastic RSI (14, 3, 3) 4.85 Neutral
CCI (20) 3.91 Neutral
ADX (14) 36.76 Bullish
Williams %R (14) -71.60 Neutral
MACD (12, 26, 9) 15.01 Bearish
Momentum (10) -19.84 Bearish
Ultimate Oscillator (7, 14, 28) 42.55 Neutral
Bull Bear Power (13) -13.16 Bearish

Moving averages

Strongly bullish

10 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 115.90 101.72
MA 20 91.17 91.34
MA 30 71.51 81.66
MA 50 58.59 69.94
MA 100 53.39 57.18
MA 200 38.13 42.62

Support & resistance

Monthly pivots
  • R3 121.18
  • R2 111.59
  • R1 105.79
  • Pivot 96.20
  • S1 90.40
  • S2 80.81
  • S3 75.01
  • Close 92.66

Pivot points

Level Classic Fibonacci Camarilla
R3 121.18 111.59 104.23
R2 111.59 105.71 102.82
R1 105.79 102.08 101.41
Pivot 96.20 96.20 96.20
S1 90.40 90.32 98.59
S2 80.81 86.69 97.18
S3 75.01 80.81 95.77

Range & volatility

52-week range

65.00167.42

ATR (14)
22.6424.4% of price
Bollinger Bands (20, 2)
28.57 – 153.78
From the 52-week high
-44.7%
Bars analysed
265

How these readings work

Computed after each close from SML'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 12 May 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).

SML overview and price history →