Rajnandini Metal Technical Analysis

Rajnandini Metal Ltd Technical Analysis

Rajnandini Metal Ltd technical analysis is gaining attention among traders and investors tracking Rajnandini Metal Ltd Technical Analysis trends in the Indian stock market. Rajnandini Metal Ltd (NSE: RAJMET, BSE: 535113) is currently trading at ₹3.32, showing a 5.40% move as of Fri, Apr 10, 2026.

This detailed Rajnandini Metal Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Rajnandini Metal Ltd Stock Overview

Rajnandini Metal Ltd operates in the Non-energy minerals sector under the Other metals/Minerals industry. With a market capitalization of ₹843.26M and a PE ratio of 0, Rajnandini Metal Ltd remains a key stock to watch in Rajnandini Metal Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹843.26M
• PE Ratio: 0
• Dividend Yield: 0
• Sector: Non-energy minerals
• Industry: Other metals/Minerals

These fundamentals play an important role in Rajnandini Metal Ltd technical analysis and valuation tracking.

Rajnandini Metal Ltd Support and Resistance Levels

Classic Pivot Levels

In Rajnandini Metal Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 5.72
• Resistance 2: 4.46
• Resistance 1: 3.68
• Pivot Point: 3.20
• Support 1: 2.42
• Support 2: 1.94
• Support 3: 0.68

Conditional Insight

Rajnandini Metal Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 2.42 and 1.94.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Rajnandini Metal Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 4.46
• Fibonacci R2: 3.98
• Fibonacci R1: 3.68
• Fibonacci Pivot: 3.20
• Fibonacci S1: 2.72
• Fibonacci S2: 2.42
• Fibonacci S3: 1.94

Rajnandini Metal Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Rajnandini Metal Ltd Moving Average Analysis

Moving averages are key indicators in Rajnandini Metal Ltd technical analysis for identifying trend direction.

• 10 EMA: 3.68
• 20 EMA: 3.60
• 30 EMA: 3.63
• 50 EMA: 3.73
• 100 EMA: 3.96
• 200 EMA: 4.53

Trend Logic

Rajnandini Metal Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Rajnandini Metal Ltd technical analysis remains positive above 200 EMA.

Rajnandini Metal Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 62.89
• MACD: 0.03
• Signal: -0.09
• ADX: 20.85
• Momentum: 0.93

RSI Logic

Rajnandini Metal Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Rajnandini Metal Ltd technical analysis indicates bearish momentum with MACD below signal line.

Rajnandini Metal Ltd Overall Recommendation

• Overall Recommendation Score: 0.22
• Moving Average Recommendation: 0.53
• Other Indicators Recommendation: -0.09

Overall Rajnandini Metal Ltd technical analysis sentiment remains neutral with mixed signals.

Rajnandini Metal Ltd Technical Analysis Conclusion

Rajnandini Metal Ltd technical analysis suggests that traders should closely monitor price action around ₹3.32 and key pivot level 3.20. Breakouts above resistance or breakdown below support will define the next trend in Rajnandini Metal Ltd technical analysis.

Investors searching for Rajnandini Metal Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Rajnandini Metal Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.