MEIL technical summary

At ₹246.9, Mangal Electrical Industries Ltd is trading 9.1% below its 50-day average of ₹271.7 and 12.1% below its 200-day average of ₹280.8. The 14-day RSI is 39.2, in the neutral range between 30 and 70. MACD is -7.52 against a signal line of -5.30, 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 ₹206.26 to ₹483, with the price 15% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹246.87, resistance ₹253.73 and ₹259.87, support ₹240.73 and ₹233.87.