SHREERAMA technical summary

At ₹53.05, Shree Rama Multi-Tech Ltd is trading 14.2% above its 50-day average of ₹46.45 and 12.4% above its 200-day average of ₹47.21. The 14-day RSI is 54.0, in the neutral range between 30 and 70. MACD is 3.44 against a signal line of 3.07, so the MACD line sits above its signal line. ADX(14) reads 24.5, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹37.62 to ₹71.99, with the price 45% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹54.86, resistance ₹57.02 and ₹58.55, support ₹53.33 and ₹51.17.