OIL technical summary

At ₹449.85, Oil India Limited is trading 3.8% below its 50-day average of ₹467.46 and 3.4% below its 200-day average of ₹465.88. The 14-day RSI is 48.9, in the neutral range between 30 and 70. MACD is -3.64 against a signal line of -5.25, so the MACD line sits above its signal line. ADX(14) reads 19.7, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹395.6 to ₹531, with the price 40% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹449.23, resistance ₹452.77 and ₹458.03, support ₹443.97 and ₹440.43.