Overall Technical outlook

Price Summary

On 2026-02-03, Ramkrishna Forgings Limited's stock began at 560.0, climbed to 575.0, dropped to 542.0, and had 0.45% to end at 562.5, with a volume of 1805319 shares.
The stock reached its highest price of 843.9 and lowest price of 477.95 over the last 52 weeks.
As per recommendations from 6 analysts, RKFORGE's future price is expected to span between 507.0 and 1111.0, with a mean price around 696.3333.

Technicals

Support and Resistance: At 562.5, the price is held up by support at 537.1 and faces resistance at 565.2 for RKFORGE. This suggests a trading range where 537.1 provides a base and 565.2 limits upward movement.
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Support/Resistance for RKFORGE


Aroon: The bullish trend in Aroon continues for RKFORGE, with Aroon Up maintaining its position at the 100 level. This suggests sustained upward momentum, but further analysis is needed, especially in combination with other indicators, to confirm the trend's future prospects.
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Aroon chart for Ramkrishna Forgings Limited


Bol. Bands: The asset's price remains above the upper Bollinger Band, reflecting strong bullish momentum since its last move. This could suggest that the asset is overbought, with traders possibly seeing this as a sign of continued strength. However, the extended position above the band could also be a warning of an impending correction or reversal, making it a critical point for decision-making.
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Bolinger Bands chart for Ramkrishna Forgings Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Ramkrishna Forgings Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Ramkrishna Forgings Limited


Stochastic: The stochastic indicator shows a bullish signal, with the K-line exceeding both the D-line and the 80 mark. This setup suggests strong upward momentum, implying that the market may continue to rise. Investors could consider this a favorable sign for continued market growth for Ramkrishna Forgings Limited.
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Stochastic chart for Ramkrishna Forgings Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Tripple SMA chart for Ramkrishna Forgings Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.