Stock analysis Rajnandini Metal Limited RAJMET
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Recent prices of RAJMET Rajnandini Metal Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 04 Fri Oct 2024 | 10.18 | 9.98 to 10.29 | -0.39% | 0.37 times |
| 03 Thu Oct 2024 | 10.22 | 9.96 to 10.44 | 2.3% | 0.66 times |
| 01 Tue Oct 2024 | 9.99 | 9.90 to 10.65 | -0.1% | 2.17 times |
| 30 Mon Sep 2024 | 10.00 | 9.96 to 10.70 | -5.39% | 2.41 times |
| 27 Fri Sep 2024 | 10.57 | 10.51 to 10.78 | -0.09% | 0.47 times |
| 26 Thu Sep 2024 | 10.58 | 10.52 to 10.90 | -1.12% | 0.63 times |
| 25 Wed Sep 2024 | 10.70 | 10.65 to 11.15 | -0.28% | 0.9 times |
| 24 Tue Sep 2024 | 10.73 | 10.30 to 11.06 | -1.2% | 0.8 times |
| 23 Mon Sep 2024 | 10.86 | 10.80 to 11.08 | -0.46% | 0.85 times |
| 20 Fri Sep 2024 | 10.91 | 10.86 to 11.30 | -1.53% | 0.67 times |
| 19 Thu Sep 2024 | 11.08 | 11.00 to 11.42 | -1.51% | 0.44 times |
| 18 Wed Sep 2024 | 11.25 | 11.14 to 11.75 | -0.18% | 1.45 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 10.3, but if it comes above 10.3, then a intra day buy could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 9.5 as target. However if you take a buy trade in Rajnandini Metal Limited, then use 10.3 as stoploss and 10.91 as target.