SCANSTL technical summary

At ₹42.03, Scan Steels Limited is trading 20.1% below its 50-day average of ₹52.58 and 20.7% below its 200-day average of ₹52.99. The 14-day RSI is 33.0, in the neutral range between 30 and 70. MACD is -3.01 against a signal line of -2.54, so the MACD line sits below its signal line. ADX(14) reads 40.1, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹39.11 to ₹66.45, with the price 11% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹41.26, resistance ₹41.51 and ₹42.81, support ₹39.96 and ₹39.71.