RHETAN technical summary

At ₹13.4, Rhetan TMT Ltd is trading 29.6% below its 50-day average of ₹19.03 and 46.5% below its 200-day average of ₹25.03. The 14-day RSI is 34.0, in the neutral range between 30 and 70. MACD is -1.54 against a signal line of -1.45, so the MACD line sits below its signal line. ADX(14) reads 38.2, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹12.76 to ₹34.87, with the price 3% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹13.3, resistance ₹13.85 and ₹14.26, support ₹12.89 and ₹12.34.