MANGALAM technical summary

At ₹28.61, Mangalam Drugs & Organics Ltd is trading 8.1% below its 50-day average of ₹31.12 and 6.8% below its 200-day average of ₹30.7. The 14-day RSI is 40.3, in the neutral range between 30 and 70. MACD is -0.70 against a signal line of -0.45, so the MACD line sits below its signal line. ADX(14) reads 9.0, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹22.8 to ₹67.19, with the price 13% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹29.16, resistance ₹29.81 and ₹30.4, support ₹28.57 and ₹27.92.