Stock analysis Redtape Limited REDTAPE
More indepth analysis on MunafaSutra.com
Recent prices of REDTAPE Redtape Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Thu Apr 2025 | 142.46 | 141.70 to 144.29 | -1.18% | 0.6 times |
| 23 Wed Apr 2025 | 144.16 | 140.59 to 147.48 | 0.19% | 3.6 times |
| 22 Tue Apr 2025 | 143.89 | 142.88 to 144.90 | -0.64% | 0.81 times |
| 21 Mon Apr 2025 | 144.82 | 143.17 to 145.31 | 0.51% | 0.71 times |
| 17 Thu Apr 2025 | 144.09 | 143.50 to 148.40 | -0.48% | 0.66 times |
| 16 Wed Apr 2025 | 144.79 | 144.41 to 150.42 | -3.01% | 1.09 times |
| 15 Tue Apr 2025 | 149.29 | 144.69 to 151.00 | 3.7% | 0.78 times |
| 11 Fri Apr 2025 | 143.96 | 141.60 to 144.79 | 4.08% | 0.44 times |
| 09 Wed Apr 2025 | 138.32 | 136.49 to 140.00 | -1.24% | 0.33 times |
| 08 Tue Apr 2025 | 140.05 | 137.63 to 141.67 | 1.47% | 0.55 times |
| 07 Mon Apr 2025 | 138.02 | 125.55 to 138.88 | -1.62% | 1.03 times |
| 04 Fri Apr 2025 | 140.29 | 139.35 to 146.48 | -4.27% | 0.63 times |
Technical analysis forecast for Redtape 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 Redtape Limited REDTAPE at this time. Stock is falling and might fall more.
It appears as if Redtape Limited REDTAPE gave a large move recently.
Stock of Redtape Limited (REDTAPE) 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 Redtape Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Redtape Limited stays below 142.6, but if it comes above 142.6, then a intra day buy could be more profitable.
If you take a sell trade below 142.6, then use 142.6 as stoploss and 134.8 as target. However if you take a buy trade in Redtape Limited, then use 142.6 as stoploss and 149.1 as target.