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(REDTAPE) Redtape complete technical analysis [charts+indicators] | Buy/Sell Redtape | (REDTAPE) share price targets

Complete technical analysis of Redtape (REDTAPE) by charts plus indicators, forecast predictions and share price targets for Redtape (REDTAPE)

Showing technical analysis as on 2025-06-02 View latest technical analysis

10 day averaged volume of Redtape is 469468

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	132.70	134.00	137.00	130.23	1.12 times
30 Fri May 2025	134.15	139.80	140.40	133.00	1.406 times
29 Thu May 2025	139.41	140.00	142.95	138.80	1.223 times
28 Wed May 2025	140.40	140.10	143.89	138.00	2.844 times
27 Tue May 2025	150.37	145.22	153.66	144.20	1.188 times
26 Mon May 2025	145.22	146.30	147.54	142.50	0.594 times
23 Fri May 2025	146.30	143.99	147.72	141.77	0.47 times
22 Thu May 2025	143.86	144.28	146.34	141.37	0.367 times
21 Wed May 2025	143.56	138.01	145.00	138.01	0.424 times
20 Tue May 2025	141.55	146.28	148.29	141.00	0.431 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 134.3, but if it comes above 134.3, then a intra day buy could be more profitable.
If you take a sell trade below 134.3, then use 134.3 as stoploss and 127.9 as target. However if you take a buy trade in stock , then use 134.3 as stoploss and 139.6 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	125.55
Downside Target	128.42
Upside Target	136.25
Upside Target	141.62
Upside Target	143.45
Upside Target	148.29
Upside Target	151.00
Upside Target	153.66
Upside Target	167.97
Upside Target	774.00

Intraday share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Intraday Target	129.62
Downside Intraday Target	126.54
Upside Intraday Target	136.39
Upside Intraday Target	140.08
Upside Intraday Target	133.31

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	132.70	134.00	137.00	130.23	0.154 times
30 Fri May 2025	134.15	146.30	153.66	133.00	2.641 times
23 Fri May 2025	146.30	140.04	148.29	138.01	1.177 times
16 Fri May 2025	140.04	136.25	141.62	136.25	1.237 times
09 Fri May 2025	133.35	132.00	137.00	128.42	1.089 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Redtape (REDTAPE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	132.70	134.00	137.00	130.23	0.076 times
30 Fri May 2025	134.15	132.00	153.66	128.42	1.22 times
30 Wed Apr 2025	131.65	147.99	151.00	125.55	0.617 times
28 Fri Mar 2025	145.96	144.89	167.97	131.55	1.262 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Redtape (REDTAPE)

Price action analysis of Redtape ( (REDTAPE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Redtape ( (REDTAPE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Redtape ( (REDTAPE) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Redtape stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Redtape in short term but the buy signal is initial and weak.

Redtape Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Redtape in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Redtape is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 140.6 and Redtape (REDTAPE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Redtape (REDTAPE) stock. Volume based technical analysis of Redtape (REDTAPE) stock is negative.

Redtape Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.