BALAXI technical summary

At ₹19.5, BALAXI PHARMACEUTICALS LIMITED is trading 14.1% below its 50-day average of ₹22.71 and 15.9% below its 200-day average of ₹23.18. The 14-day RSI is 27.8, in oversold territory (30 or below). MACD is -0.78 against a signal line of -0.59, so the MACD line sits below its signal line. ADX(14) reads 39.8, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹15.2 to ₹43.85, with the price 15% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹20.03, resistance ₹20.9 and ₹21.47, support ₹19.46 and ₹18.59.