MADHAV technical summary

At ₹31.04, Madhav Marbles & Granites Ltd is trading 9.3% below its 50-day average of ₹34.22 and 13.0% below its 200-day average of ₹35.69. The 14-day RSI is 40.8, in the neutral range between 30 and 70. MACD is -0.81 against a signal line of -0.76, so the MACD line sits below its signal line. ADX(14) reads 18.5, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹29 to ₹46, with the price 12% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹31.29, resistance ₹32.31 and ₹32.88, support ₹30.72 and ₹29.7.