Skip to main content

Loading market ticker...

TECIL Chemicals Share Price Drops 6%: Can ₹11 Support Hold?

TECIL Chemicals Share Price Drops 6%: Can ₹11 Support Hold?

Source: shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn More

Highlights

  • TECIL Chemicals shares declined over 6% during Thursday’s trading session.
  • The stock remained below its 50-day SMA, reflecting a weak near-term trend structure.
  • RSI momentum stayed below the neutral zone amid continued selling pressure.

Overview

TECIL Chemicals and Hydro Power Limited (NSE: TECILCHEM) witnessed sharp selling pressure on Thursday, with the stock falling 6.39% to ₹11.86 during intraday trade. The decline pushed the stock closer to a crucial support zone near ₹11, while broader weakness in low-priced industrial counters also impacted sentiment.

The stock opened at ₹12.70 and touched an intraday low of ₹11.30 before stabilizing slightly near current levels. Market participants remained cautious as the stock continued to trade under key moving averages.

Fundamental View

For the quarter ended December 2025, TECIL Chemicals reported a standalone net loss of INR 7.25 lakh. Profit before tax also stood at a loss of INR 7.25 lakh, while earnings per share came in at negative INR 0.04.

The absence of reported revenue and continued losses kept investor sentiment subdued, particularly as the stock remains under the GSM and ASM surveillance framework.

Technical View

TECIL Chemicals stock is currently trading near ₹11.86 and remains below its 50-day SMA near ₹12.61, reflecting a weak short-term technical structure. Recent price action indicates continued lower-high formation, with sellers remaining active near the ₹13 zone.

The 14-day RSI is placed near 42.74 and remains below the neutral mark, indicating softer momentum conditions. The RSI has also slipped below its moving average line, suggesting fading short-term participation.

Momentum Indicator

Momentum conditions remain weak as the stock struggles to sustain rebounds above nearby resistance levels. Unless TECIL Chemicals reclaims the 50-day SMA zone, short-term volatility may continue with cautious trading sentiment.

Key Technical Levels

Immediate support is placed around ₹11.20–₹10.85, which remains a critical zone for the stock in the near term. A sustained move below this range may increase downside pressure further. On the upside, resistance is visible near ₹12.70–₹13.30, where the stock has repeatedly faced selling pressure during recent sessions.

Risks to Watch

  • Persistent trade below 50-day SMA may weaken sentiment further.
  • GSM and ASM framework monitoring could impact trading activity.
  • Weak earnings visibility may keep volatility elevated.
  • Breakdown below ₹10.85 support may trigger additional downside pressure.

Summary

TECIL Chemicals shares remained under pressure after extending losses during Thursday’s session, with the stock approaching an important support zone near ₹11. Weak momentum indicators, continued losses, and trade below key moving averages reflect cautious near-term sentiment. Traders may closely monitor the ₹11.20–₹10.85 support band and resistance near ₹12.70–₹13.30 for further directional cues.

FAQs

Why did TECIL Chemicals shares fall today?
The stock declined amid weak momentum, continued losses, and cautious sentiment in low-priced industrial counters.

What are the key support levels for TECILCHEM shares?
Immediate support is placed around the ₹11.20–₹10.85 zone based on recent price action.

What resistance levels should traders watch now?
The stock may face resistance near ₹12.70–₹13.30 where earlier selling pressure emerged.

Unlock Premium Articles for Exclusive Insights!

Disclaimer:

The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.

Copyright 2026 Krish Capital Pty. Ltd. All rights reserved. No part of this website, or its content, may be reproduced in any form without our prior consent.