MRNS Mehran Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 60.86 +2.93%
Technical analysis · updated after the close, 16 Oct 2026
Mehran Sugar Mills Limited (MRNS) technical analysis
MRNS closed at Rs 60.86 on 16 Oct 2026 (+2.93%). The daily picture is bullish: the price is above 3 of its 6 simple moving averages, MACD is below its signal line and RSI at 52.7 is neutral. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily R2 at 60.54, resistance R3 at 61.21.
Daily
Bullish
Weekly
Bearish
Monthly
Bullish
Oscillators
Bearish
0 bullish · 7 neutral · 3 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 45.88 | Neutral |
| Stochastic %K (14, 3, 3) | 35.24 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -92.74 | Neutral |
| ADX (14) | 12.78 | Neutral |
| Williams %R (14) | -54.58 | Neutral |
| MACD (12, 26, 9) | -1.12 | Bearish |
| Momentum (10) | -3.85 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 51.73 | Neutral |
| Bull Bear Power (13) | -3.38 | Bearish |
Moving averages
Bearish
4 bullish · 0 neutral · 8 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 61.25 | Bearish | 61.42 | Bearish |
| MA 20 | 62.65 | Bearish | 62.25 | Bearish |
| MA 30 | 62.44 | Bearish | 62.94 | Bearish |
| MA 50 | 66.15 | Bearish | 63.25 | Bearish |
| MA 100 | 60.85 | Bullish | 60.79 | Bullish |
| MA 200 | 53.33 | Bullish | 55.13 | Bullish |
Support & resistance
Weekly pivots- R3 66.95
- R2 64.62
- R1 62.80
- Pivot 60.47
- S1 58.65
- S2 56.32
- S3 54.50
- Close 60.86
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 66.95 | 64.62 | 62.12 |
| R2 | 64.62 | 63.03 | 61.74 |
| R1 | 62.80 | 62.06 | 61.36 |
| Pivot | 60.47 | 60.47 | 60.47 |
| S1 | 58.65 | 58.88 | 60.60 |
| S2 | 56.32 | 57.91 | 60.22 |
| S3 | 54.50 | 56.32 | 59.84 |
Range & volatility
52-week range
52.3294.01
- ATR (14)
- 4.717.7% of price
- Bollinger Bands (20, 2)
- 57.88 – 67.41
- From the 52-week high
- -35.3%
- Bars analysed
- 1,066
How these readings work
Computed after each close from MRNS'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 21 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).