PRAENG technical summary

At ₹17.16, Prajay Engineers Syndicate Limited is trading 15.6% below its 50-day average of ₹20.33 and 18.3% below its 200-day average of ₹21. The 14-day RSI is 40.9, in the neutral range between 30 and 70. MACD is -1.00 against a signal line of -1.06, so the MACD line sits above its signal line. ADX(14) reads 21.1, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹15.51 to ₹32.6, with the price 10% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹17.63, resistance ₹18.37 and ₹19.73, support ₹16.27 and ₹15.53.