TEXMOPIPES technical summary

At ₹47.3, Texmo Pipes and Products Limited is trading 9.4% below its 50-day average of ₹52.18 and 2.1% above its 200-day average of ₹46.33. The 14-day RSI is 42.2, in the neutral range between 30 and 70. MACD is -1.51 against a signal line of -1.37, so the MACD line sits below its signal line. ADX(14) reads 15.2, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹33 to ₹64.5, with the price 45% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹47.57, resistance ₹48.32 and ₹49.27, support ₹46.62 and ₹45.87.