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(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 2024-12-27 View latest technical analysis

10 day averaged volume of Rajnandini Metal is 1832475

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	8.92	9.00	9.00	8.86	0.388 times
26 Thu Dec 2024	8.97	8.99	9.00	8.86	0.593 times
24 Tue Dec 2024	8.88	8.90	8.95	8.83	0.372 times
23 Mon Dec 2024	8.94	9.10	9.25	8.89	0.32 times
20 Fri Dec 2024	8.92	8.97	9.05	8.86	0.456 times
19 Thu Dec 2024	8.97	8.98	9.03	8.87	0.339 times
18 Wed Dec 2024	8.99	8.99	9.02	8.90	0.403 times
17 Tue Dec 2024	8.97	9.04	9.07	8.86	0.833 times
16 Mon Dec 2024	9.01	9.05	9.10	8.97	0.938 times
13 Fri Dec 2024	9.02	9.05	9.47	8.97	1.949 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.9 as stoploss in an intra day buy trade for a target of 9.43. However, stock will show a bearish move below 8.9.

Share price targets for Rajnandini Metal (RAJMET)

Target Type	Value
Downside Target	8.83
Upside Target	9.95
Upside Target	10.06
Upside Target	10.16
Upside Target	10.65
Upside Target	10.74
Upside Target	11.66
Upside Target	12.48
Upside Target	14.00

Intraday share price targets for Rajnandini Metal (RAJMET)

Target Type	Value
Downside Intraday Target	8.75
Downside Intraday Target	8.58
Upside Intraday Target	9.17
Upside Intraday Target	9.42
Upside Intraday Target	9

Weekly technical analysis of Rajnandini Metal (RAJMET)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	8.92	9.10	9.25	8.83	0.564 times
20 Fri Dec 2024	8.92	9.05	9.10	8.86	0.414 times
13 Fri Dec 2024	9.02	10.00	10.06	8.97	2.899 times
06 Fri Dec 2024	10.00	10.13	10.16	9.95	0.706 times
29 Fri Nov 2024	10.13	9.29	10.65	9.12	2.392 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rajnandini Metal (RAJMET)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	8.92	10.13	10.16	8.83	1.757 times
29 Fri Nov 2024	10.13	10.32	10.65	9.00	0.421 times
31 Thu Oct 2024	10.00	10.00	10.74	9.05	0.651 times
30 Mon Sep 2024	10.00	12.47	12.48	9.96	1.735 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rajnandini Metal ( (RAJMET) ) based on a short to mid 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.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rajnandini Metal in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rajnandini Metal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Rajnandini Metal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.98 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 has given negative 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.