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Rane (Madras) Limited

RML.BO Technical Analysis Summary (BSE)

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

RML.BO●BSE
Consumer CyclicalAuto - Parts
₹1260.85
₹24.60(1.99%)
Indian Market opens in 5h 40m

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

RML.BO Technical Analysis Summary (BSE)

Rane (Madras) Limited (BSE: RML.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.02)
Trend Strength:Moderate (ADX: 21.07)
Volatility:Medium (ATR: 54.03)
Support/Resistance:$1153.43 – $1340.21 (Bollinger Bands)

Technical conditions suggest Rane (Madras) Limited on the BSE is awaiting a decisive move. Technical conditions suggest Rane (Madras) Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.02

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.62

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.03

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.80

Bearish
Selling pressure outweighs buying.

Takeaway:Rane (Madras) Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -7.99

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.07

Moderate
Moderate trend, direction gaining strength.

ATR (14): 54.03

Rising
Rising volatility, market activity increasing.

CCI (14): 23.42

Bullish
Bullish, momentum building upward.

Takeaway:Rane (Madras) Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1340.21
Middle Band (SMA 20)
$1246.82
Lower Band
$1153.43
Current Position
Within Bands

Takeaway:Rane (Madras) Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1362.93
Middle Line (EMA 20)
$1254.88
Lower Channel
$1146.83
Squeeze Status
Squeeze On

Takeaway:Rane (Madras) Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume114.51K
Money Flow Index48.79Neutral, balanced money flows with no clear signal.
Relative Vigor Index29.98Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Rane (Madras) Limited (BSE: RML.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Rane (Madras) Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: RML.BO) Technical Analysis FAQ