ELECTCAST technical summary

At ₹63.56, Electrosteel Castings Ltd is trading 15.9% below its 50-day average of ₹75.6 and 16.3% below its 200-day average of ₹75.91. The 14-day RSI is 28.6, in oversold territory (30 or below). MACD is -2.79 against a signal line of -1.78, so the MACD line sits below its signal line. ADX(14) reads 24.1, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹60.15 to ₹95.9, with the price 10% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹65.64, resistance ₹68.02 and ₹69.16, support ₹64.5 and ₹62.12.