INDOFARM technical summary

At ₹117.18, Indo Farm Equipment Limited is trading 11.6% below its 50-day average of ₹132.58 and 16.0% below its 200-day average of ₹139.5. The 14-day RSI is 37.3, in the neutral range between 30 and 70. MACD is -5.13 against a signal line of -4.79, so the MACD line sits below its signal line. ADX(14) reads 21.7, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹110.7 to ₹241.95, with the price 5% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹119.07, resistance ₹121.22 and ₹123.75, support ₹116.54 and ₹114.39.