MALUPAPER technical summary

At ₹30.78, Malu Paper Mills Ltd is trading 3.3% below its 50-day average of ₹31.82 and 3.9% below its 200-day average of ₹32.02. The 14-day RSI is 45.5, in the neutral range between 30 and 70. MACD is -0.36 against a signal line of -0.33, so the MACD line sits below its signal line. ADX(14) reads 11.9, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹27 to ₹44.11, with the price 22% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹31.29, resistance ₹32.04 and ₹33.24, support ₹30.09 and ₹29.34.