SELMC technical summary

At ₹20.76, SEL Manufacturing Company Ltd is trading 18.6% below its 50-day average of ₹25.51 and 27.2% below its 200-day average of ₹28.51. The 14-day RSI is 26.4, in oversold territory (30 or below). MACD is -1.19 against a signal line of -0.60, so the MACD line sits below its signal line. ADX(14) reads 33.0, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹20.55 to ₹40.24, with the price 1% of the way up it. Classic daily pivot levels from the 27 Oct 2026 session: pivot ₹22.16, resistance ₹22.86 and ₹24.08, support ₹20.94 and ₹20.24.