SENSEXETF technical summary

At ₹85.1, Mirae Asset S&P BSE Sensex ETF is trading 10.3% above its 50-day average of ₹77.14 and 7.8% above its 200-day average of ₹78.91. The 14-day RSI is 27.7, in oversold territory (30 or below). MACD is -0.81 against a signal line of -0.56, so the MACD line sits below its signal line. ADX(14) reads 20.6, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹72.44 to ₹88.7, with the price 78% of the way up it. Classic daily pivot levels from the 16 Sept 2026 session: pivot ₹76.25, resistance ₹77.42 and ₹78.2, support ₹75.47 and ₹74.3.