BAJEL technical summary

At ₹160.84, Bajel Projects Ltd is trading 6.6% below its 50-day average of ₹172.12 and 7.8% below its 200-day average of ₹174.45. The 14-day RSI is 46.4, in the neutral range between 30 and 70. MACD is -2.78 against a signal line of -3.88, so the MACD line sits above its signal line. ADX(14) reads 22.5, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹135.1 to ₹215.5, with the price 32% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹161.2, resistance ₹164.91 and ₹166.7, support ₹159.41 and ₹155.7.