MNC technical summary

At ₹31.75, Kotak Nifty MNC ETF is trading 1.6% above its 50-day average of ₹31.25 and 1.5% below its 200-day average of ₹32.23. The 14-day RSI is 23.0, in oversold territory (30 or below). MACD is -0.46 against a signal line of -0.28, so the MACD line sits below its signal line. ADX(14) reads 18.6, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹27.83 to ₹35.65, with the price 50% of the way up it. Classic daily pivot levels from the 16 Sept 2026 session: pivot ₹32.14, resistance ₹32.36 and ₹32.54, support ₹31.96 and ₹31.74.