TECH technical summary

At ₹35.93, Aditya Birla Sunlife Nifty IT ETF is trading 8.8% above its 50-day average of ₹33.03 and 9.8% above its 200-day average of ₹32.74. The 14-day RSI is 41.1, in the neutral range between 30 and 70. MACD is -0.36 against a signal line of -0.16, so the MACD line sits below its signal line. ADX(14) reads 20.1, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹28 to ₹49.41, with the price 37% of the way up it. Classic daily pivot levels from the 16 Sept 2026 session: pivot ₹32.24, resistance ₹32.68 and ₹32.98, support ₹31.94 and ₹31.5.