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Stock analysis Rajnandini Metal Limited RAJMET

More indepth analysis on MunafaSutra.com

Moving Averages for Rajnandini Metal Limited

  • 5Day Average: 4.51
  • 12Day Average: 4.68
  • 20Day Average: 5.1
  • 50Day Average: 6.69
  • 100Day Average: 8.04
  • 150Day Average: 9.02
  • 200Day Average: 10.02

RAJMET Indicators & signals

Indicator MACD (12,26,9)

4.77, 5.45, -0.71
Indicator MACD is in negative zone

Indicator ADX (14)

17.65, 20, 28.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAJMET Rajnandini Metal Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Mar 2025 4.52 4.45 to 4.70 -0.66% 1.34 times
20 Thu Mar 2025 4.55 4.52 to 4.84 0.89% 1.74 times
19 Wed Mar 2025 4.51 4.48 to 4.85 -0.22% 1.76 times
18 Tue Mar 2025 4.52 4.47 to 4.63 1.12% 0.66 times
17 Mon Mar 2025 4.47 4.40 to 4.58 -0.45% 0.4 times
13 Thu Mar 2025 4.49 4.46 to 4.74 -0.22% 0.59 times
12 Wed Mar 2025 4.50 4.47 to 4.89 -6.25% 1.35 times
11 Tue Mar 2025 4.80 4.71 to 4.91 0% 0.45 times
10 Mon Mar 2025 4.80 4.76 to 5.15 -4% 0.96 times
07 Fri Mar 2025 5.00 4.95 to 5.30 0% 1.22 times
06 Thu Mar 2025 5.00 4.98 to 5.19 0% 0.89 times
05 Wed Mar 2025 5.00 4.97 to 5.25 0% 1.19 times

Technical analysis forecast for Rajnandini Metal Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Rajnandini Metal Limited RAJMET at this time. Stock is falling and might fall more.

It appears as if Rajnandini Metal Limited RAJMET gave a large move recently.

Stock of Rajnandini Metal Limited (RAJMET) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Rajnandini Metal Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rajnandini Metal Limited stays below 4.6, but if it comes above 4.6, then a intra day buy could be more profitable.
If you take a sell trade below 4.6, then use 4.6 as stoploss and 3.8 as target. However if you take a buy trade in Rajnandini Metal Limited, then use 4.6 as stoploss and 5.17 as target.

More indepth analysis on MunafaSutra.com