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Sharat Industrie (SHINDL) — Technical Setup
₹148.96 -0.27% Weak Downtrend Normal Volatility Bearish
Summary
Sharat Industrie is in a weak downtrend on the daily chart. RSI(14) is 36.7, MACD is below its signal line, ADX reads 24. Volume in the latest session was 0.9× its 20-day average. Over three months it has underperformed the Nifty 50 by 4.2 percentage points. Nearest support is ₹145.07 and resistance ₹158.77. Its technical score is 25/100 (bearish).
🧮 How the 25/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-2.66)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (23.89)3/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (36.65)0/6
- MACD line above its signal line0/4
- MACD line above zero (-2.85)0/3
- 12-day rate of change positive (-5.49)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (-4.19)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.10)5/5
- More volume on up days than down days (20 sessions) (0.83)0/5
- Close above 20-day VWAP (-3.16)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.92)4/6
- Price in the upper half of its Bollinger Bands (0.20)2/5
- Shallow drawdown from the 52-week high (-17.24)3/5
- Volatility contracting (20-day volatility below its 6-month median) (51.80)0/4
- Room to the next resistance (≥8% scores full) (6.59)3/5
- Support close below (a tight, definable stop) (2.61)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-17.24)0/5
🧭 Regime: Weak Downtrend
Normal Volatility — Bollinger width is in the 70th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for SHINDL — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 36.65 | -0.21 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
SHINDL ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹179.84 | +20.7% | 2 |
| Resistance | ₹175.00 | +17.5% | 1 |
| Resistance | ₹158.77 | +6.6% | 11 |
| Close | ₹148.96 | — | |
| Support | ₹145.07 | −2.6% | 2 |
| Support | ₹141.20 | −5.2% | 1 |
| Support | ₹130.60 | −12.3% | 1 |
52-week range: ₹130.60 – ₹179.99 (-17.24% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹130.60 (2026-06-25) to ₹179.99 (2026-08-10). Price has retraced 62.8% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹168.33 | +13.0% | |
| 38.2% retracement | ₹161.12 | +8.2% | |
| 50.0% retracement | ₹155.30 | +4.2% | |
| 61.8% retracement | ₹149.47 | +0.3% | nearest |
| 78.6% retracement | ₹141.17 | -5.2% | S/R confluence |
| 127.2% extension | ₹193.42 | +29.9% | |
| 161.8% extension | ₹210.51 | +41.3% | |
| 200.0% extension | ₹229.38 | +54.0% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-11-03 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-10-28 neutral Weak · 20
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens SHINDL passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| MGELMangalam Global Enterprise Limited | ₹17.32 | +1.88% | 78 | Strong Uptrend | 83.00 |
| NGILNakoda Group of Industries Limited | ₹44.06 | +0.25% | 78 | Uptrend | 88.00 |
| VADILALINDVadilal Industries Limited | ₹7,431.00 | -0.82% | 74 | Range | 90.00 |
| TATACONSUMTATA CONSUMER PRODUCTS LIMITED | ₹1,028.90 | +0.29% | 72 | Range | 50.00 |
| HALDERHalder Venture Limited | ₹272.80 | +1.04% | 70 | Range | 74.00 |
| KMSUGARK.M.Sugar Mills Limited | ₹31.85 | +4.26% | 68 | Uptrend | 80.00 |
| CUPIDCupid Limited | ₹340.50 | +4.91% | 67 | Uptrend | 99.00 |
| DCMSRINDDCM Shriram Industries Limited | ₹61.57 | +0.75% | 66 | Strong Uptrend | 88.00 |
| TASTYBITETasty Bite Eatables Limited | ₹9,423.00 | -3.19% | 65 | Range | 80.00 |
| ABDLAllied Blenders and Distillers Limited | ₹708.25 | +1.43% | 64 | Uptrend | 87.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
