BAJAJINDEF technical summary

At ₹181.69, Indef Manufacturing Ltd is trading 13.5% below its 50-day average of ₹210.13 and 26.0% below its 200-day average of ₹245.61. The 14-day RSI is 33.2, in the neutral range between 30 and 70. MACD is -8.88 against a signal line of -8.06, so the MACD line sits below its signal line. ADX(14) reads 17.3, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹171 to ₹400, with the price 5% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹184.57, resistance ₹189.04 and ₹193.1, support ₹180.51 and ₹176.04.