Stock analysis Redtape Limited REDTAPE
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Recent prices of REDTAPE Redtape Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 20 Fri Dec 2024 | 855.85 | 852.20 to 874.00 | -1.02% | 0.91 times |
| 19 Thu Dec 2024 | 864.70 | 834.60 to 865.00 | 1.13% | 0.98 times |
| 18 Wed Dec 2024 | 855.05 | 842.55 to 870.00 | 0% | 0.92 times |
| 18 Wed Dec 2024 | 855.05 | 842.55 to 870.00 | 1.02% | 0.92 times |
| 17 Tue Dec 2024 | 846.45 | 827.60 to 860.00 | -0.63% | 1.03 times |
| 16 Mon Dec 2024 | 851.80 | 835.00 to 909.95 | 3.52% | 4.31 times |
| 13 Fri Dec 2024 | 822.85 | 810.35 to 834.90 | -0.56% | 0.34 times |
| 12 Thu Dec 2024 | 827.45 | 816.70 to 838.00 | 0.71% | 0.29 times |
| 11 Wed Dec 2024 | 821.65 | 818.55 to 829.90 | 0.06% | 0.27 times |
| 10 Tue Dec 2024 | 821.15 | 817.00 to 838.00 | -1.33% | 0.47 times |
| 09 Mon Dec 2024 | 832.25 | 818.05 to 838.00 | 1.22% | 0.47 times |
| 06 Fri Dec 2024 | 822.20 | 816.10 to 845.00 | -1.52% | 0.44 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 860.5 as stoploss in an intra day sell trade for a target of 843.48. However, stock will show a bullish move above 860.5.