RAMASTEEL technical summary

At ₹4.11, Rama Steel Tubes Limited is trading 0.1% below its 50-day average of ₹4.12 and 20.3% below its 200-day average of ₹5.15. The 14-day RSI is 56.2, in the neutral range between 30 and 70. MACD is -0.09 against a signal line of -0.12, so the MACD line sits above its signal line. ADX(14) reads 22.3, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹3.43 to ₹11.29, with the price 9% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹4, resistance ₹4.05 and ₹4.16, support ₹3.89 and ₹3.84.