๐ Technical Overview
Current Price: โน445.00
Dayโs Range: โน440.00 โ โน453.10
Previous Close: โน451.45
52-Week Range: โน376.45 โ โน640.00
๐ป Bearish Indicators
RSI (14): 24.86 โ Oversold condition, suggesting potential for a rebound.
MACD: -7.80 โ Indicates downward momentum.
Moving Averages:
5-day: โน444.48 โ Slightly above current price.
50-day: โน469.06 โ Bearish crossover.
200-day: โน478.22 โ Further confirmation of downtrend.
Technical Indicators: Strong Sell signals across multiple platforms.
๐ง Support & Resistance Levels
Support: โน440.00 โ Recent low.
Resistance: โน453.10 โ Dayโs high.
Pivot Point: โน495.97 โ Indicates potential reversal if breached.
โ ๏ธ Summary
RHI Magnesita India Ltd is currently in a downtrend, with technical indicators signaling a strong sell. The stock is approaching key support levels, and while it is oversold, caution is advised. Traders should monitor for any bullish reversal patterns or volume spikes before considering entry points.
Current Price: โน445.00
Dayโs Range: โน440.00 โ โน453.10
Previous Close: โน451.45
52-Week Range: โน376.45 โ โน640.00
๐ป Bearish Indicators
RSI (14): 24.86 โ Oversold condition, suggesting potential for a rebound.
MACD: -7.80 โ Indicates downward momentum.
Moving Averages:
5-day: โน444.48 โ Slightly above current price.
50-day: โน469.06 โ Bearish crossover.
200-day: โน478.22 โ Further confirmation of downtrend.
Technical Indicators: Strong Sell signals across multiple platforms.
๐ง Support & Resistance Levels
Support: โน440.00 โ Recent low.
Resistance: โน453.10 โ Dayโs high.
Pivot Point: โน495.97 โ Indicates potential reversal if breached.
โ ๏ธ Summary
RHI Magnesita India Ltd is currently in a downtrend, with technical indicators signaling a strong sell. The stock is approaching key support levels, and while it is oversold, caution is advised. Traders should monitor for any bullish reversal patterns or volume spikes before considering entry points.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.