Redtape (REDTAPE.BO) Technical Analysis
As of 2026-07-22, REDTAPE.BO last traded at 129.85 INR (-1.93% on the day) and is in a range on the daily timeframe — moving averages not aligned / flat. Nearest levels: 129.18 INR support below, 132.38 INR resistance above. 14-day RSI is 33.6 (bearish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is REDTAPE.BO in an uptrend or downtrend?
Redtape is in a range — moving averages not aligned / flat.
| Last close | 129.85 INR (-1.93%) |
|---|---|
| 20-day average | 134.78 INR |
| 50-day average | 134.47 INR |
| 200-day average | 128.5 INR |
Key support and resistance levels for REDTAPE.BO
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 132.38 INR | Resistance | Moderate | 2 |
| 134.6 INR | Resistance | Minor | 1 |
| 136.6 INR | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 129.18 INR | Support | Moderate | 2 |
| 126.3 INR | Support | Moderate | 2 |
| 124.65 INR | Support | Minor | 1 |
REDTAPE.BO 52-week range, momentum and volatility
| 52-week high | 163.2 INR (20.4% below) |
|---|---|
| 52-week low | 102.05 INR (27.2% above) |
| 14-day RSI | 33.6 (Bearish) |
| 14-day ATR | 4.33 INR (3.34% of price, Moderate volatility) |
Related research pages
Frequently asked questions
Is Redtape (REDTAPE.BO) in an uptrend or downtrend?
As of 2026-07-22, REDTAPE.BO is in a range on the daily timeframe — moving averages not aligned / flat. Last close 129.85 INR vs 50-day average 134.47 INR and 200-day average 128.5 INR.
What are the key support and resistance levels for REDTAPE.BO?
Nearest support is around 129.18 INR (moderate, 2 touches). Nearest resistance is around 132.38 INR (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is REDTAPE.BO's 52-week high and low?
Over the last 52 weeks, REDTAPE.BO traded between 102.05 INR and 163.2 INR. It is currently 20.4% below its 52-week high.
Is REDTAPE.BO overbought or oversold?
The 14-day RSI is 33.6 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is REDTAPE.BO?
Its 14-day Average True Range is 4.33 (3.34% of price) — moderate volatility relative to price.