TAINWALCHM technical summary

At ₹196.01, Tainwala Chemicals and Plastics (India) Ltd is trading 5.5% below its 50-day average of ₹207.37 and 1.0% below its 200-day average of ₹197.96. The 14-day RSI is 45.1, in the neutral range between 30 and 70. MACD is -3.62 against a signal line of -3.35, so the MACD line sits below its signal line. ADX(14) reads 15.4, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹155 to ₹257, with the price 40% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹195, resistance ₹196.7 and ₹199.68, support ₹192.02 and ₹190.32.