Stock analysis Redtape Limited REDTAPE
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Recent prices of REDTAPE Redtape Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 17 Thu Apr 2025 | 144.09 | 143.50 to 148.40 | -0.48% | 0.84 times |
| 16 Wed Apr 2025 | 144.79 | 144.41 to 150.42 | -3.01% | 1.38 times |
| 15 Tue Apr 2025 | 149.29 | 144.69 to 151.00 | 3.7% | 0.99 times |
| 11 Fri Apr 2025 | 143.96 | 141.60 to 144.79 | 4.08% | 0.56 times |
| 09 Wed Apr 2025 | 138.32 | 136.49 to 140.00 | -1.24% | 0.43 times |
| 08 Tue Apr 2025 | 140.05 | 137.63 to 141.67 | 1.47% | 0.7 times |
| 07 Mon Apr 2025 | 138.02 | 125.55 to 138.88 | -1.62% | 1.31 times |
| 04 Fri Apr 2025 | 140.29 | 139.35 to 146.48 | -4.27% | 0.8 times |
| 03 Thu Apr 2025 | 146.54 | 144.00 to 149.45 | -0.52% | 0.65 times |
| 02 Wed Apr 2025 | 147.30 | 140.59 to 147.94 | 0.99% | 2.12 times |
| 01 Tue Apr 2025 | 145.86 | 143.20 to 150.76 | -0.07% | 1.07 times |
| 28 Fri Mar 2025 | 145.96 | 145.10 to 152.38 | -1.41% | 1.11 times |
Technical analysis forecast for Redtape Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Redtape Limited REDTAPE at this time. Stock is falling and might fall more.
It appears as if Redtape Limited REDTAPE gave a large move recently.
Stock of Redtape Limited (REDTAPE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Redtape Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 143.5 as stoploss in an intra day buy trade for a target of 151.73. However, stock will show a bearish move below 143.5.