Overall Technical outlook

Price Summary

Ratnamani Metals & Tubes Limited's stock opened at 2850.0 on 2025-05-30, surged to 2860.0, hit a low of 2791.0, and closed up -0.39% at 2839.0, with 28854 shares traded.
Over the past 52 weeks, the stock reached a maximum price of 3859.45 and a minimum price of 2404.25.
According to 5 analysts, the future price is anticipated to vary between 3100.0 and 3950.0, with an average expected price of around 3500.0.

Technicals

Support and Resistance: The price sits at 2839.0, supported by 2726.9 and resisted by 2907.55. This indicates a trading range where 2726.9 provides a floor, preventing declines, and 2907.55 acts as a ceiling, limiting further price increases for RATNAMANI.
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Support/Resistance for RATNAMANI


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Ratnamani Metals & Tubes Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Ratnamani Metals & Tubes Limited


Bol. Bands: The BOLL BANDS 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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Bolinger Bands chart for Ratnamani Metals & Tubes Limited


Parabolic SAR: The PSAR has recently turned from bullish to bearish for Ratnamani Metals & Tubes Limited, suggesting a potential market downturn. If this move is corroborated by other trends, it could be a very bearish signal. Investors should be cautious and look for additional confirmation before acting on this reversal.
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Parabolic Stop and Reverse chart for Ratnamani Metals & Tubes Limited


Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RATNAMANI, with no strong trend emerging.
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Stochastic chart for Ratnamani Metals & Tubes Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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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Tripple SMA chart for Ratnamani Metals & Tubes Limited


To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.