SELMC technical summary

At ₹21.63, SEL Manufacturing Company Ltd is trading 17.1% below its 50-day average of ₹26.1 and 24.6% below its 200-day average of ₹28.7. The 14-day RSI is 29.2, in oversold territory (30 or below). MACD is -1.00 against a signal line of -0.45, so the MACD line sits below its signal line. ADX(14) reads 34.9, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹21.47 to ₹40.24, with the price 1% of the way up it. Classic daily pivot levels from the 21 Oct 2026 session: pivot ₹22.37, resistance ₹23.23 and ₹23.85, support ₹21.75 and ₹20.89.