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 |
| 30 Tue Apr 2024 | 730.90 | 725.00 to 744.65 | -1.1% | 1.13 times |
| 29 Mon Apr 2024 | 739.05 | 725.00 to 742.00 | 0.66% | 1.05 times |
| 26 Fri Apr 2024 | 734.20 | 711.60 to 739.80 | 1.47% | 1.28 times |
| 25 Thu Apr 2024 | 723.55 | 711.35 to 734.25 | -0.47% | 0.59 times |
| 24 Wed Apr 2024 | 727.00 | 721.10 to 738.75 | 0.2% | 0.98 times |
| 23 Tue Apr 2024 | 725.55 | 701.50 to 727.65 | 3.22% | 1.27 times |
| 22 Mon Apr 2024 | 702.95 | 695.45 to 719.00 | -0.24% | 0.76 times |
| 19 Fri Apr 2024 | 704.65 | 691.00 to 714.00 | -0.24% | 0.63 times |
| 18 Thu Apr 2024 | 706.35 | 697.35 to 721.70 | -0.47% | 1.34 times |
| 16 Tue Apr 2024 | 709.70 | 695.05 to 714.90 | 1.39% | 0.99 times |
| 15 Mon Apr 2024 | 700.00 | 665.20 to 702.00 | 0.63% | 1.1 times |
| 12 Fri Apr 2024 | 695.65 | 688.10 to 731.00 | -2.84% | 1.62 times |
Technical analysis forecast of Redtape Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Redtape Limited REDTAPE at this time. Stock is rising and might rise more.
It appears as if Redtape Limited REDTAPE gave a large move recently.
Stock of Redtape Limited (REDTAPE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Redtape Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Redtape Limited stays above 721.3, but if it comes below 721.3, then a intra day sell could be more profitable.
If you take a sell trade below 721.3, then use 721.3 as stoploss and 704 as target. However if you take a buy trade in Redtape Limited, then use 721.3 as stoploss and 742.1 as target.