(RAJMET) Rajnandini Metal complete technical analysis [charts+indicators] | Buy/Sell Rajnandini Metal | (RAJMET) share price targets
Complete technical analysis of Rajnandini Metal (RAJMET) by charts plus indicators, forecast predictions and share price targets for Rajnandini Metal (RAJMET)
Showing technical analysis as on 2023-12-29 View latest technical analysis
10 day averaged volume of Rajnandini Metal is 4297968
Date | Daily Closing Price | Open | High | Low | Volume |
29 Fri Dec 2023 | 10.55 | 11.40 | 11.40 | 10.45 | 6.325 times |
28 Thu Dec 2023 | 11.20 | 11.05 | 11.25 | 10.90 | 1.849 times |
27 Wed Dec 2023 | 10.80 | 11.15 | 11.30 | 10.50 | 3.674 times |
26 Tue Dec 2023 | 10.55 | 11.45 | 11.45 | 10.30 | 4.124 times |
06 Tue Jun 2023 | 9.35 | 9.45 | 9.50 | 9.25 | 0.09 times |
05 Mon Jun 2023 | 9.35 | 9.65 | 9.65 | 8.65 | 0.063 times |
02 Fri Jun 2023 | 9.40 | 9.60 | 9.60 | 9.25 | 0.039 times |
01 Thu Jun 2023 | 9.40 | 9.60 | 9.60 | 9.35 | 0.034 times |
31 Wed May 2023 | 9.45 | 9.60 | 9.65 | 9.40 | 0.036 times |
30 Tue May 2023 | 9.50 | 9.50 | 9.55 | 9.45 | 0.029 times |
Stock of Rajnandini Metal (RAJMET) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.3, but if it comes below 10.3, then a intra day sell could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 9.63 as target. However if you take a buy trade in stock , then use 10.3 as stoploss and 11 as target.
Share price targets for Rajnandini Metal (RAJMET)
Target Type | Value |
Downside Target | 8.10 |
Downside Target | 8.65 |
Downside Target | 9.20 |
Downside Target | 9.55 |
Downside Target | 10.30 |
Downside Target | 10.40 |
Upside Target | 11.00 |
Upside Target | 11.45 |
Upside Target | 12.55 |
Upside Target | 14.25 |
Upside Target | 14.50 |
Intraday share price targets for Rajnandini Metal (RAJMET)
Target Type | Value |
Downside Intraday Target | 10.08 |
Downside Intraday Target | 9.62 |
Upside Intraday Target | 11.23 |
Upside Intraday Target | 11.92 |
Upside Intraday Target | 10.77 |
Weekly technical analysis of Rajnandini Metal (RAJMET)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Fri Dec 2023 | 10.55 | 11.45 | 11.45 | 10.30 | 104.596 times |
06 Tue Jun 2023 | 9.35 | 9.65 | 9.65 | 8.65 | 0.761 times |
02 Fri Jun 2023 | 9.40 | 9.35 | 9.65 | 9.20 | 0.278 times |
26 Fri May 2023 | 9.20 | 9.80 | 9.80 | 8.75 | 0.747 times |
19 Fri May 2023 | 9.60 | 10.00 | 10.40 | 8.10 | 1.082 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rajnandini Metal (RAJMET)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Fri Dec 2023 | 10.55 | 11.45 | 11.45 | 10.30 | 70.687 times |
06 Tue Jun 2023 | 9.35 | 9.60 | 9.65 | 8.65 | 0.059 times |
31 Wed May 2023 | 9.45 | 12.55 | 12.55 | 8.10 | 1.406 times |
28 Fri Apr 2023 | 12.10 | 11.00 | 14.25 | 11.00 | 1.939 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Rajnandini Metal (RAJMET)
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Rajnandini Metal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Rajnandini Metal in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rajnandini Metal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rajnandini Metal in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Rajnandini Metal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.66 and Rajnandini Metal (RAJMET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Rajnandini Metal (RAJMET) stock. Volume based technical analysis of Rajnandini Metal (RAJMET) stock is negative.
Rajnandini Metal Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Rajnandini Metal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Rajnandini Metal in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rajnandini Metal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rajnandini Metal in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Rajnandini Metal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.66 and Rajnandini Metal (RAJMET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Rajnandini Metal (RAJMET) stock. Volume based technical analysis of Rajnandini Metal (RAJMET) stock is negative.
Rajnandini Metal Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Rajnandini Metal charts
Click here for further forecast and predictions for tomorrow
Daily charts
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