RENUKA technical summary

At ₹17.35, Shree Renuka Sugars Ltd is trading 23.3% below its 50-day average of ₹22.61 and 27.5% below its 200-day average of ₹23.94. The 14-day RSI is 23.7, in oversold territory (30 or below). MACD is -1.34 against a signal line of -1.00, so the MACD line sits below its signal line. ADX(14) reads 28.9, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹17.2 to ₹30.3, with the price 1% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹17.96, resistance ₹18.72 and ₹19.1, support ₹17.58 and ₹16.82.