ROML technical summary

At ₹39.5, Raj Oil Mills Ltd is trading 5.8% below its 50-day average of ₹41.95 and 10.1% below its 200-day average of ₹43.92. The 14-day RSI is 41.7, in the neutral range between 30 and 70. MACD is -0.57 against a signal line of -0.55, so the MACD line sits below its signal line. ADX(14) reads 35.8, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹35.11 to ₹57.69, with the price 19% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹40.62, resistance ₹41.75 and ₹42.71, support ₹39.66 and ₹38.53.