RAMASTEEL technical summary

At ₹3.75, Rama Steel Tubes Ltd is trading 9.1% below its 50-day average of ₹4.13 and 27.8% below its 200-day average of ₹5.19. The 14-day RSI is 34.9, in the neutral range between 30 and 70. MACD is -0.14 against a signal line of -0.13, so the MACD line sits below its signal line. ADX(14) reads 24.3, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹3.43 to ₹11.29, with the price 4% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹3.76, resistance ₹3.8 and ₹3.82, support ₹3.74 and ₹3.7.