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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 2025-01-15 View latest technical analysis

10 day averaged volume of Rajnandini Metal is 706239

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	8.05	8.14	8.22	7.90	0.686 times
14 Tue Jan 2025	8.00	7.66	8.04	7.65	1.29 times
13 Mon Jan 2025	7.66	7.80	8.09	7.57	1.498 times
10 Fri Jan 2025	8.05	8.24	8.30	8.01	1.415 times
09 Thu Jan 2025	8.32	8.50	8.58	8.21	0.728 times
08 Wed Jan 2025	8.48	8.62	8.62	8.44	0.599 times
07 Tue Jan 2025	8.55	8.56	8.70	8.45	0.664 times
06 Mon Jan 2025	8.52	8.99	8.99	8.42	1.046 times
03 Fri Jan 2025	8.83	8.95	8.95	8.68	1.43 times
02 Thu Jan 2025	8.93	9.18	9.18	8.88	0.679 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.2, but if it comes above 8.2, then a intra day buy could be more profitable.
If you take a sell trade below 8.2, then use 8.2 as stoploss and 7.7 as target. However if you take a buy trade in stock , then use 8.2 as stoploss and 8.61 as target.

Share price targets for Rajnandini Metal (RAJMET)

Target Type	Value
Downside Target	7.13
Downside Target	7.57
Downside Target	8.01
Upside Target	8.22
Upside Target	8.83
Upside Target	9.18
Upside Target	9.25
Upside Target	9.96
Upside Target	10.16
Upside Target	10.65
Upside Target	10.74
Upside Target	12.48

Intraday share price targets for Rajnandini Metal (RAJMET)

Target Type	Value
Downside Intraday Target	7.67
Downside Intraday Target	7.3
Upside Intraday Target	8.32
Upside Intraday Target	8.6
Downside Intraday Target	7.95

Weekly technical analysis of Rajnandini Metal (RAJMET)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	8.05	7.80	8.22	7.57	0.781 times
10 Fri Jan 2025	8.05	8.99	8.99	8.01	0.719 times
03 Fri Jan 2025	8.83	8.96	9.18	7.13	1.427 times
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

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
15 Wed Jan 2025	8.05	8.99	9.18	7.57	0.264 times
31 Tue Dec 2024	8.80	10.13	10.16	7.13	1.92 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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 Strong and stock is losing momentum.

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

Rajnandini Metal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rajnandini Metal in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 8.28 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.