RHETAN technical summary

At ₹14.07, Rhetan TMT Limited is trading 24.5% below its 50-day average of ₹18.65 and 43.5% below its 200-day average of ₹24.89. The 14-day RSI is 38.4, in the neutral range between 30 and 70. MACD is -1.49 against a signal line of -1.47, so the MACD line sits below its signal line. ADX(14) reads 40.3, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹12.76 to ₹34.87, with the price 6% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹13.66, resistance ₹13.84 and ₹14.25, support ₹13.25 and ₹13.07.