MADHAV technical summary

At ₹32.59, Madhav Marbles and Granites Limited is trading 4.3% below its 50-day average of ₹34.04 and 8.5% below its 200-day average of ₹35.6. The 14-day RSI is 49.0, in the neutral range between 30 and 70. MACD is -0.63 against a signal line of -0.73, so the MACD line sits above its signal line. ADX(14) reads 18.3, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹29 to ₹46, with the price 21% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹32.11, resistance ₹32.73 and ₹33.2, support ₹31.64 and ₹31.02.