MADRASFERT technical summary

At ₹54.48, Madras Fertilizers Limited is trading 9.5% below its 50-day average of ₹60.21 and 17.1% below its 200-day average of ₹65.71. The 14-day RSI is 43.2, in the neutral range between 30 and 70. MACD is -2.05 against a signal line of -2.06, so the MACD line sits above its signal line. ADX(14) reads 41.8, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹49.15 to ₹85.48, with the price 15% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹53.52, resistance ₹54.58 and ₹56.56, support ₹51.54 and ₹50.48.