RattanIndia: Next New-Age Multi-Bagger Play ? Chart of the WeekWhy NSE:RTNINDIA Could Be Your Next Multi-Bagger Play, let's analyse my "Chart of the Week" Idea.
Price Action:
• Multiple base formations visible across the timeline from 2021-2025
• Classic cup and handle pattern formation during the 2023-2024 consolidation phase
• Rectangle consolidation pat
0.60 INR
844.35 M INR
68.66 B INR
269.09 M
About RATTANINDIA ENT LTD
Sector
Website
Headquarters
New Delhi
Founded
2010
ISIN
INE834M01019
FIGI
BBG00299S7Y3
RattanIndia Enterprises Ltd. engages in the power generation and transmission. It also involves in the distribution of power and power advisory. The company was founded on November 9, 2010 and is headquartered in New Delhi, India.
Rattan India Enterprise cmp 49.50 by Weekly Chart viewRattan India Enterprise cmp 49.50 by Weekly Chart view
- Support Zone 37 to 41 Price Band
- Resistance Zone 55 to 60 Price Band
- Volumes are getting in close sync with avg traded quantity
- Will we get to see a Breakout happening that crosses the Resistance Zone and expect a fresh upside momentum
RTNINDIA: Journey Above Crucial EMAsAfter experiencing a prolonged five-month downtrend, RTNINDIA has successfully breached its downtrend line and closed above this key resistance level, accompanied by a noticeable increase in trading volume. This upward momentum indicates a potential shift in market sentiment toward the stock.
In
TURNING BULLISH: RATTANINDIA ENTERPRISESRattanIndia has been in uptrend for the past couple of sessions.
Price above the short-, medium-, and long-term moving averages indicates strong momentum.
20EMA decisively crossed above 50EMA with decent volume.
Resistance levels: 86, 93 levels
Support: 77, 71 levels
Pros based on Fundamental Analy
Long Term view on #RTNINDIAThe analysis is for Long term where in it is showing potentials of reaching triple digit in coming years. (5,10,15)
### Price Movements:
1. **Current Price and Trend:**
- The current price is \(84.41\) INR, up by \(11.56\) INR (+15.87%).
- The stock is in a strong upward trend, as evidenced b
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RTNINDIA is 56.70 INR — it has decreased by −0.61% in the past 24 hours. Watch RATTANINDIA ENTERPRISES LIMITE stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange RATTANINDIA ENTERPRISES LIMITE stocks are traded under the ticker RTNINDIA.
RTNINDIA stock has fallen by −5.44% compared to the previous week, the month change is a 14.43% rise, over the last year RATTANINDIA ENTERPRISES LIMITE has showed a −26.36% decrease.
RTNINDIA reached its all-time high on Feb 8, 2024 with the price of 94.85 INR, and its all-time low was 1.03 INR and was reached on Aug 26, 2019. View more price dynamics on RTNINDIA chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RTNINDIA stock is 3.55% volatile and has beta coefficient of 1.81. Track RATTANINDIA ENTERPRISES LIMITE stock price on the chart and check out the list of the most volatile stocks — is RATTANINDIA ENTERPRISES LIMITE there?
Today RATTANINDIA ENTERPRISES LIMITE has the market capitalization of 78.86 B, it has decreased by −3.79% over the last week.
Yes, you can track RATTANINDIA ENTERPRISES LIMITE financials in yearly and quarterly reports right on TradingView.
RTNINDIA net income for the last quarter is −3.56 B INR, while the quarter before that showed −1.70 B INR of net income which accounts for −109.17% change. Track more RATTANINDIA ENTERPRISES LIMITE financial stats to get the full picture.
No, RTNINDIA doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RATTANINDIA ENTERPRISES LIMITE EBITDA is 11.08 B INR, and current EBITDA margin is 3.69%. See more stats in RATTANINDIA ENTERPRISES LIMITE financial statements.
Like other stocks, RTNINDIA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RATTANINDIA ENTERPRISES LIMITE stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RATTANINDIA ENTERPRISES LIMITE technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RATTANINDIA ENTERPRISES LIMITE stock shows the buy signal. See more of RATTANINDIA ENTERPRISES LIMITE technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.