Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Rane (Madras) Limited

RML.NS Technical Analysis Summary (NSE)

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

RML.NS●NSE
Consumer CyclicalAuto - Parts
₹1299.80
₹36.60(2.74%)
Indian Market is Open · 14:15

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.NS Technical Analysis Summary (NSE)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.00)
Trend Strength:Moderate (ADX: 25.86)
Volatility:High (ATR: 66.92)
Support/Resistance:$1268.91 – $1414.48 (Bollinger Bands)

Technical conditions suggest Rane (Madras) Limited on the NSE is awaiting a decisive move. This mix signals that Rane (Madras) Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.00

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 47.52

Neutral
Mid-range signal with no clear trend.

Williams %R: -83.40

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.17

Neutral
Price change is minimal.

Takeaway:Rane (Madras) Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 30.44

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.86

Moderate
Moderate trend, direction gaining strength.

ATR (14): 66.92

Rising
Rising volatility, market activity increasing.

CCI (14): -163.72

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1414.48
Middle Band (SMA 20)
$1341.69
Lower Band
$1268.91
Current Position
Within Bands

Takeaway:Rane (Madras) Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1454.58
Middle Line (EMA 20)
$1320.74
Lower Channel
$1186.90
Squeeze Status
Squeeze On

Takeaway:Rane (Madras) Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.33M
Money Flow Index70.42Bullish, inflows support continued momentum.
Relative Vigor Index50.96Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RML.NS shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

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 Rane (Madras) Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: RML.NS) Technical Analysis FAQ