Rajoo Engineers Technical Analysis

Rajoo Engineers Ltd Technical Analysis

Rajoo Engineers Ltd technical analysis is gaining attention among traders and investors tracking Rajoo Engineers Ltd Technical Analysis trends in the Indian stock market. Rajoo Engineers Ltd (NSE: RAJOOENG, BSE: 522257) is currently trading at ₹54.65, showing a -0.04% move as of Thu, May 21, 2026.

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

Rajoo Engineers Ltd Stock Overview

Rajoo Engineers Ltd operates in the Producer manufacturing sector under the Industrial machinery industry. With a market capitalization of ₹9.76B and a PE ratio of 19.59, Rajoo Engineers Ltd remains a key stock to watch in Rajoo Engineers Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹9.76B
• PE Ratio: 19.59
• Dividend Yield: 0.27
• Sector: Producer manufacturing
• Industry: Industrial machinery

These fundamentals play an important role in Rajoo Engineers Ltd technical analysis and valuation tracking.

Rajoo Engineers Ltd Support and Resistance Levels

Classic Pivot Levels

In Rajoo Engineers Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 113.73
• Resistance 2: 86.98
• Resistance 1: 72.45
• Pivot Point: 60.23
• Support 1: 45.70
• Support 2: 33.48
• Support 3: 6.73

Conditional Insight

Rajoo Engineers Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 45.70 and 33.48.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Rajoo Engineers Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 86.98
• Fibonacci R2: 76.76
• Fibonacci R1: 70.45
• Fibonacci Pivot: 60.23
• Fibonacci S1: 50.01
• Fibonacci S2: 43.70
• Fibonacci S3: 33.48

Rajoo Engineers Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Rajoo Engineers Ltd Moving Average Analysis

Moving averages are key indicators in Rajoo Engineers Ltd technical analysis for identifying trend direction.

• 10 EMA: 56.67
• 20 EMA: 58.50
• 30 EMA: 59.29
• 50 EMA: 60.32
• 100 EMA: 64.70
• 200 EMA: 78.67

Trend Logic

Rajoo Engineers Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Rajoo Engineers Ltd technical analysis remains positive above 200 EMA.

Rajoo Engineers Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 39.18
• MACD: -1.87
• Signal: -1.07
• ADX: 16.84
• Momentum: -4.19

RSI Logic

Rajoo Engineers Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Rajoo Engineers Ltd technical analysis indicates bearish momentum with MACD below signal line.

Rajoo Engineers Ltd Overall Recommendation

• Overall Recommendation Score: -0.40
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: 0

Overall Rajoo Engineers Ltd technical analysis sentiment remains neutral with mixed signals.

Rajoo Engineers Ltd Technical Analysis Conclusion

Rajoo Engineers Ltd technical analysis suggests that traders should closely monitor price action around ₹54.65 and key pivot level 60.23. Breakouts above resistance or breakdown below support will define the next trend in Rajoo Engineers Ltd technical analysis.

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