Advertisement

Loading...

Redtape Limited

REDTAPE.NS•NSE
Consumer Cyclical
Specialty Retail
₹114.87
₹1.92(1.70%)
Indian Market opens in 10h 38m

Redtape Limited (REDTAPE.NS) Stock Technical Analysis & Trading Signals

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

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.NS Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.31)
Trend Strength:Weak (ADX: 17.25)
Volatility:High (ATR: 6.14)
Support/Resistance:$110.14 – $122.28 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 37.31

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.86

Bearish
Momentum remains weak below midpoint.

Williams %R: -86.83

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.24

Strongly Bearish
Sharp downside momentum.

Takeaway:Redtape Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.52

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.25

Weak
Weak trend, market trading sideways.

ATR (14): 6.14

High
High volatility, wide price fluctuations.

CCI (14): -162.95

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$122.28
Middle Band (SMA 20)
$116.21
Lower Band
$110.14
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$128.86
Middle Line (EMA 20)
$116.57
Lower Channel
$104.28
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume9.70M
Money Flow Index37.82Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.03Bearish, price momentum favors sellers.

Overall Takeaway:REDTAPE.NS shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ