MAHASTEEL technical summary

At ₹1,465.2, Mahamaya Steel Industries Limited is trading 16.5% above its 50-day average of ₹1,258 and 52.2% above its 200-day average of ₹962.42. The 14-day RSI is 63.4, in the neutral range between 30 and 70. MACD is 78.74 against a signal line of 64.69, so the MACD line sits above its signal line. ADX(14) reads 33.9, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹595.7 to ₹1,550, with the price 91% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹1,439.37, resistance ₹1,493.13 and ₹1,532.47, support ₹1,400.03 and ₹1,346.27.