MWL technical summary

At ₹38.98, Mangalam Worldwide Limited is trading 3.5% below its 50-day average of ₹40.38 and 12.3% above its 200-day average of ₹34.71. The 14-day RSI is 47.2, in the neutral range between 30 and 70. MACD is -0.78 against a signal line of -0.70, so the MACD line sits below its signal line. ADX(14) reads 19.5, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹21.2 to ₹48, with the price 66% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹39.4, resistance ₹40.19 and ₹41.09, support ₹38.5 and ₹37.71.