Engineering
MUGHAL Mughal Iron & Steel Industries Limited
Technical analysis · updated after the close, 16 Oct 2026
Mughal Iron & Steel Industries Limited (MUGHAL) technical analysis
MUGHAL closed at Rs 65.82 on 16 Oct 2026 (-0.11%). The daily picture is bearish: the price is below 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 30.6 is weak but not oversold. The weekly trend is strongly bearish, and the monthly chart is bearish. Nearest support is the daily S1 at 65.37, resistance the pivot at 66.02.
Daily
Bearish
Weekly
Strongly bearish
Monthly
Bearish
Oscillators
Bearish
0 bullish · 7 neutral · 3 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 45.00 | Neutral |
| Stochastic %K (14, 3, 3) | 22.60 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -92.44 | Neutral |
| ADX (14) | 14.79 | Neutral |
| Williams %R (14) | -87.60 | Neutral |
| MACD (12, 26, 9) | 0.21 | Bearish |
| Momentum (10) | -37.26 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 45.14 | Neutral |
| Bull Bear Power (13) | -19.86 | Bearish |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 8 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 76.94 | Bearish | 75.82 | Bearish |
| MA 20 | 77.69 | Bearish | 76.60 | Bearish |
| MA 30 | 78.53 | Bearish | 75.62 | Bearish |
| MA 50 | 69.71 | Bearish | 72.77 | Bearish |
| MA 100 | 62.82 | Bullish | 64.15 | Bullish |
| MA 200 | — | — | ||
Support & resistance
Monthly pivots- R3 88.92
- R2 84.19
- R1 76.95
- Pivot 72.22
- S1 64.98
- S2 60.25
- S3 53.01
- Close 65.82
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 88.92 | 84.19 | 72.99 |
| R2 | 84.19 | 79.62 | 71.89 |
| R1 | 76.95 | 76.80 | 70.80 |
| Pivot | 72.22 | 72.22 | 72.22 |
| S1 | 64.98 | 67.65 | 68.60 |
| S2 | 60.25 | 64.83 | 67.51 |
| S3 | 53.01 | 60.25 | 66.41 |
Range & volatility
52-week range
59.00113.99
- ATR (14)
- 15.3323.3% of price
- Bollinger Bands (20, 2)
- 56.12 – 99.25
- From the 52-week high
- -42.3%
- Bars analysed
- 139
How these readings work
Computed after each close from MUGHAL's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.
Pattern signals for MUGHAL → MUGHAL overview and price history →