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Raj Rayon Industries Limited

RAJRILTD.BO Technical Analysis Summary (BSE)

Analyze RAJRILTD.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RAJRILTD.BO●BSE
IndustrialsManufacturing - Textiles
₹23.00
₹0.31(1.37%)
Indian Market is Open · 11:24

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

RAJRILTD.BO Technical Analysis Summary (BSE)

Raj Rayon Industries Limited (BSE: RAJRILTD.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.34)
Trend Strength:Moderate (ADX: 26.41)
Volatility:Medium (ATR: 0.58)
Support/Resistance:$20.01 – $23.06 (Bollinger Bands)

Technical conditions suggest Raj Rayon Industries Limited on the BSE is awaiting a decisive move. This mix signals that Raj Rayon Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 63.34

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 82.65

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.67

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.93

Strongly Bullish
Strong upside momentum.

Takeaway:Raj Rayon Industries Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.30

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.41

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.58

Low
Low volatility, stable price action.

CCI (14): 148.32

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Raj Rayon Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.06
Middle Band (SMA 20)
$21.54
Lower Band
$20.01
Current Position
Within Bands

Takeaway:Raj Rayon Industries Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$23.02
Middle Line (EMA 20)
$21.86
Lower Channel
$20.71
Squeeze Status
No Squeeze

Takeaway:Raj Rayon Industries Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.42K
Money Flow Index92.33Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index65.86Bullish, price momentum strongly favors buyers.

Overall Takeaway:RAJRILTD.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Raj Rayon Industries Limited (BSE: RAJRILTD.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Raj Rayon Industries Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(BSE: RAJRILTD.BO) Technical Analysis FAQ