ENERGYDEV technical summary

At ₹13.35, Energy Development Company Ltd is trading 9.4% below its 50-day average of ₹14.74 and 17.0% below its 200-day average of ₹16.09. The 14-day RSI is 42.3, in the neutral range between 30 and 70. MACD is -0.46 against a signal line of -0.43, so the MACD line sits below its signal line. ADX(14) reads 47.7, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹12.54 to ₹29.69, with the price 5% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹13.31, resistance ₹13.61 and ₹14.08, support ₹12.84 and ₹12.54.