NELCO technical summary

At ₹676.3, Nelco Ltd is trading 24.1% below its 50-day average of ₹890.83 and 12.6% below its 200-day average of ₹774. The 14-day RSI is 21.4, in oversold territory (30 or below). MACD is -63.24 against a signal line of -53.03, so the MACD line sits below its signal line. ADX(14) reads 42.5, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹500.1 to ₹1,120, with the price 28% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹695.52, resistance ₹719.53 and ₹734.12, support ₹680.93 and ₹656.92.