BALUFORGE technical summary

At ₹442.45, Balu Forge Industries Ltd is trading 14.5% below its 50-day average of ₹517.43 and 7.3% below its 200-day average of ₹477.48. The 14-day RSI is 38.7, in the neutral range between 30 and 70. MACD is -19.19 against a signal line of -18.30, so the MACD line sits below its signal line. ADX(14) reads 27.3, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹341.05 to ₹667, with the price 31% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹448.93, resistance ₹460.37 and ₹467.88, support ₹441.42 and ₹429.98.