Overall Technical outlook

Price Summary

2025-06-13, saw RATNAMANI's stock open at 2880.0, hit a peak of 2900.5, fall to a low of 2825.7, and close higher 0.3% at 2888.6, with 9450 shares changing hands.
The stock's highest price over the 52-week span is 3859.45, while the lowest price is 2404.25.
The price projection is between 3100.0 and 3950.0, with an average expected price around 3500.0, according to 5 analysts.

Technicals

Support and Resistance: At 2888.6, the price for RATNAMANI is supported at 2726.9 and resisted at 2907.55. This indicates a trading range where 2726.9 serves as a support level, potentially preventing further decline, while 2907.55 could limit upward movement.
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Support/Resistance for RATNAMANI


Aroon: The AROON is in a neutral stance for RATNAMANI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for Ratnamani Metals & Tubes Limited


Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Bolinger Bands chart for Ratnamani Metals & Tubes Limited


Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains.
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Parabolic Stop and Reverse chart for Ratnamani Metals & Tubes Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Stochastic chart for Ratnamani Metals & Tubes Limited


Tripple Moving Agerage: The 20, 50, and 100 period moving averages are aligned in a bearish trend, pointing to continued downward movement. However, the slower SMAs are showing signs of losing steam, indicating that the bearish momentum may be weakening. This could suggest a potential shift towards a bullish trend in the near future, as the market begins to pivot away from its current downward trajectory.
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Tripple SMA chart for Ratnamani Metals & Tubes Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.