SHREECEM technical summary

At ₹23,120, SHREE CEMENT LIMITED is trading 1.5% above its 50-day average of ₹22,780.7 and 6.6% below its 200-day average of ₹24,758.15. The 14-day RSI is 56.7, in the neutral range between 30 and 70. MACD is 92.38 against a signal line of -86.87, so the MACD line sits above its signal line. ADX(14) reads 23.6, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹21,355 to ₹29,200, with the price 22% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹23,111.67, resistance ₹23,238.33 and ₹23,456.67, support ₹22,893.33 and ₹22,766.67.