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Ramkrishna Forgings Limited

RKFORGE.BO Technical Analysis Summary (BSE)

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

RKFORGE.BO●BSE
IndustrialsManufacturing - Metal Fabrication
₹716.20
₹10.95(1.55%)
Indian Market opens in 12h 46m

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

RKFORGE.BO Technical Analysis Summary (BSE)

Ramkrishna Forgings Limited (BSE: RKFORGE.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.09)
Trend Strength:Moderate (ADX: 27.97)
Volatility:Medium (ATR: 25.24)
Support/Resistance:$684.76 – $756.92 (Bollinger Bands)

Technical conditions suggest Ramkrishna Forgings Limited on the BSE is awaiting a decisive move. This mix signals that Ramkrishna Forgings Limited is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 54.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 42.37

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.40

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.86

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 2.73

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.97

Moderate
Moderate trend, direction gaining strength.

ATR (14): 25.24

Rising
Rising volatility, market activity increasing.

CCI (14): 9.97

Neutral
Neutral, no strong directional signal.

Takeaway:Ramkrishna Forgings Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$756.92
Middle Band (SMA 20)
$720.84
Lower Band
$684.76
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$763.72
Middle Line (EMA 20)
$713.25
Lower Channel
$662.77
Squeeze Status
Squeeze On

Takeaway:Ramkrishna Forgings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.65M
Money Flow Index49.11Neutral, balanced money flows with no clear signal.
Relative Vigor Index59.59Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Ramkrishna Forgings Limited (BSE: RKFORGE.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.

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

Bearish Signals

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

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

(BSE: RKFORGE.BO) Technical Analysis FAQ