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Rajnandini Metal Limited

RAJMET.NS Technical Analysis Summary (NSE)

Analyze RAJMET.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RAJMET.NS●NSE
Basic MaterialsCopper
₹3.20
₹0.30(8.57%)
Indian Market opens in 12h 45m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RAJMET.NS Technical Analysis Summary (NSE)

Rajnandini Metal Limited (NSE: RAJMET.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.62)
Trend Strength:Very Strong (ADX: 56.68)
Volatility:High (ATR: 0.20)
Support/Resistance:$3.16 – $3.46 (Bollinger Bands)

Technical conditions suggest Rajnandini Metal Limited on the NSE is awaiting a decisive move. This mix signals that Rajnandini Metal Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.62

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 49.55

Neutral
Mid-range signal with no clear trend.

Williams %R: -61.26

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.74

Strongly Bullish
Strong upside momentum.

Takeaway:Rajnandini Metal Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 56.68

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): 311.84

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Rajnandini Metal Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.46
Middle Band (SMA 20)
$3.31
Lower Band
$3.16
Current Position
Within Bands

Takeaway:Rajnandini Metal Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.75
Middle Line (EMA 20)
$3.35
Lower Channel
$2.95
Squeeze Status
Squeeze On

Takeaway:Rajnandini Metal Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-5.27M
Money Flow Index82.37Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index37.93Bearish, price momentum favors sellers.

Overall Takeaway:RAJMET.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Rajnandini Metal Limited (NSE: RAJMET.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Rajnandini Metal Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: RAJMET.NS) Technical Analysis FAQ