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(REDTAPE) Redtape complete technical analysis [charts+indicators] | Buy/Sell Redtape | (REDTAPE) share price targets

Complete technical analysis of Redtape (REDTAPE) by charts plus indicators, forecast predictions and share price targets for Redtape (REDTAPE)

Showing technical analysis as on 2025-01-31 View latest technical analysis

10 day averaged volume of Redtape is 48302

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	674.85	683.00	691.00	660.95	2.268 times
30 Thu Jan 2025	672.95	685.75	700.05	666.30	1.513 times
29 Wed Jan 2025	675.65	695.00	703.00	672.35	1.737 times
28 Tue Jan 2025	693.45	720.00	724.00	682.00	1.371 times
27 Mon Jan 2025	710.70	742.05	751.75	704.10	1.449 times
24 Fri Jan 2025	742.55	750.00	758.40	739.00	0.736 times
23 Thu Jan 2025	740.60	745.00	764.00	731.15	0.674 times
22 Wed Jan 2025	752.45	759.00	778.00	745.15	0.548 times
21 Tue Jan 2025	760.25	775.05	779.20	755.00	0.606 times
20 Mon Jan 2025	775.50	760.00	781.70	749.10	0.89 times

Stock of Redtape (REDTAPE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 700.8, but if it comes above 700.8, then a intra day buy could be more profitable.
If you take a sell trade below 700.8, then use 700.8 as stoploss and 649.3 as target. However if you take a buy trade in stock , then use 700.8 as stoploss and 743.65 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	660.95
Upside Target	703.70
Upside Target	731.15
Upside Target	750.00
Upside Target	781.70
Upside Target	860.00
Upside Target	874.95
Upside Target	884.85
Upside Target	907.70
Upside Target	914.40
Upside Target	974.65
Upside Target	980.00

Intraday share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Intraday Target	639.95
Downside Intraday Target	605.05
Upside Intraday Target	730.75
Upside Intraday Target	786.65
Upside Intraday Target	695.85

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	674.85	742.05	751.75	660.95	2.414 times
24 Fri Jan 2025	742.55	760.00	781.70	731.15	0.673 times
17 Fri Jan 2025	751.10	730.00	755.90	703.70	0.603 times
10 Fri Jan 2025	752.85	872.90	874.95	750.00	1.383 times
03 Fri Jan 2025	864.20	901.45	907.70	860.00	0.401 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Redtape (REDTAPE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	674.85	877.85	884.85	660.95	0.695 times
31 Tue Dec 2024	873.55	806.55	914.40	806.55	1.208 times
29 Fri Nov 2024	815.45	967.35	974.65	791.90	0.397 times
31 Thu Oct 2024	967.35	798.00	980.00	763.05	1.725 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 Redtape (REDTAPE)

Price action analysis of Redtape ( (REDTAPE) ) 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 Redtape ( (REDTAPE) ) 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 Redtape ( (REDTAPE) ) 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 Redtape stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Redtape 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 moving up

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

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

MRSI is in positive zone. This is a BUY zone

Stock of Redtape is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 704.87 and Redtape (REDTAPE) 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 Redtape (REDTAPE) stock. Volume based technical analysis of Redtape (REDTAPE) stock is negative.

Redtape 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.