ORICONENT technical summary

At ₹56.37, Oricon Enterprises Ltd is trading 6.5% above its 50-day average of ₹52.91 and 5.5% below its 200-day average of ₹59.63. The 14-day RSI is 63.2, in the neutral range between 30 and 70. MACD is 0.45 against a signal line of -0.20, so the MACD line sits above its signal line. ADX(14) reads 31.0, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹44.62 to ₹73.12, with the price 41% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹55.69, resistance ₹57.67 and ₹60.69, support ₹52.67 and ₹50.69.