MRF technical summary

At ₹1,16,775, MRF Limited is trading 7.0% below its 50-day average of ₹1,25,607.4 and 11.0% below its 200-day average of ₹1,31,241.58. The 14-day RSI is 23.0, in oversold territory (30 or below). MACD is -2256.20 against a signal line of -2044.25, so the MACD line sits below its signal line. ADX(14) reads 50.1, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹1,15,190 to ₹1,59,700, with the price 4% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹1,17,595, resistance ₹1,18,680 and ₹1,19,295, support ₹1,16,980 and ₹1,15,895.