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Redtape Limited

REDTAPE.BO•BSE
Consumer Cyclical
Apparel - Footwear & Accessories
₹148.50
₹14.45(10.78%)
Indian Market opens in 10h 44m
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Redtape Limited (REDTAPE.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Redtape Limited (BSE:REDTAPE.BO).

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

REDTAPE.BO Technical Analysis Summary

Redtape Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.69)
Trend Strength:Weak (ADX: 18.99)
Volatility:Medium (ATR: 5.56)
Support/Resistance:$124.40 – $136.48 (Bollinger Bands)

Technical conditions suggest Redtape Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 58.69

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 54.63

Neutral
Mid-range signal with no clear trend.

Williams %R: -40.98

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.87

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 1.96

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.99

Weak
Weak trend, market trading sideways.

ATR (14): 5.56

High
High volatility, wide price fluctuations.

CCI (14): 48.54

Bullish
Bullish, momentum building upward.

Takeaway:Redtape Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$136.48
Middle Band (SMA 20)
$130.44
Lower Band
$124.40
Current Position
Above Upper Band

Takeaway:Redtape Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$140.46
Middle Line (EMA 20)
$129.35
Lower Channel
$118.24
Squeeze Status
Squeeze On

Takeaway:Redtape Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume144.19K
Money Flow Index64.73Bullish, inflows support continued momentum.
Relative Vigor Index47.99Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:REDTAPE.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Redtape Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

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

RVI below 50 → vigor tilted toward sellers.

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

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