MADHUCON technical summary

At ₹3.85, Madhucon Projects Ltd is trading 11.9% below its 50-day average of ₹4.37 and 22.8% below its 200-day average of ₹4.99. The 14-day RSI is 41.7, in the neutral range between 30 and 70. MACD is -0.10 against a signal line of -0.12, so the MACD line sits above its signal line. ADX(14) reads 42.9, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹3.55 to ₹7.67, with the price 7% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹3.98, resistance ₹4.16 and ₹4.31, support ₹3.83 and ₹3.65.