MTNL technical summary

At ₹22.23, Mahanagar Telephone Nigam Ltd is trading 8.8% below its 50-day average of ₹24.38 and 20.3% below its 200-day average of ₹27.9. The 14-day RSI is 41.3, in the neutral range between 30 and 70. MACD is -0.50 against a signal line of -0.47, so the MACD line sits below its signal line. ADX(14) reads 29.0, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹21.26 to ₹44.67, with the price 4% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹22.36, resistance ₹22.64 and ₹22.83, support ₹22.17 and ₹21.89.