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Rajputana Stainless Limited (RSL) — Technical Setup
₹181.21 +0.32% Strong Uptrend Normal Volatility Bullish
Summary
Rajputana Stainless Limited is in a strong uptrend on the daily chart. RSI(14) is 60.8, MACD is below its signal line, ADX reads 54 (trending). Volume in the latest session was 0.3× its 20-day average. Over three months it has outperformed the Nifty 50 by 42.1 percentage points. Nearest support is ₹171.99, with no swing resistance overhead. Its technical score is 60/100 (bullish).
🧮 How the 60/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (1.39)3/3
- 20-day EMA above 50-day EMA3/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (54.40)3/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (60.80)6/6
- MACD line above its signal line0/4
- MACD line above zero (6.75)3/3
- 12-day rate of change positive (1.25)3/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (42.11)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.18)5/5
- More volume on up days than down days (20 sessions) (2.28)5/5
- Close above 20-day VWAP (2.22)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.80)4/6
- Price in the upper half of its Bollinger Bands (0.54)5/5
- Shallow drawdown from the 52-week high (-6.15)5/5
- Volatility contracting (20-day volatility below its 6-month median) (58.90)0/4
- Room to the next resistance (≥8% scores full)0/5
- Support close below (a tight, definable stop) (5.09)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-6.15)2/5
🧭 Regime: Strong Uptrend
Normal Volatility — Bollinger width is in the 58th percentile of the last six months.
Suits: Trend-following. Pullbacks to the 20-day EMA and breakouts tend to be bought in strong trends; mean-reversion shorts fight the tape.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the Momentum Breakout rules for RSL — close at a 20-day high on 1.5× average volume, rsi above 55.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▲ Bullish | 60.80 | -1.71 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
RSL ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Close | ₹181.21 | — | |
| Support | ₹171.99 | −5.1% | 1 |
| Support | ₹161.91 | −10.7% | 1 |
| Support | ₹144.90 | −20.0% | 1 |
| Support | ₹135.43 | −25.3% | 2 |
52-week range: ₹101.70 – ₹193.09 (-6.15% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹101.70 (2026-03-30) to ₹193.09 (2026-09-15). Price has retraced 13.0% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹171.52 | -5.3% | S/R confluence nearest |
| 38.2% retracement | ₹158.18 | -12.7% | |
| 50.0% retracement | ₹147.39 | -18.7% | |
| 61.8% retracement | ₹136.61 | -24.6% | S/R confluence |
| 78.6% retracement | ₹121.26 | -33.1% | |
| 127.2% extension | ₹217.95 | +20.3% | |
| 161.8% extension | ₹249.57 | +37.7% | |
| 200.0% extension | ₹284.48 | +57.0% |
🕯️ Candlesticks (last 5 sessions)
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
- RSI(14) bearish 2026-08-13 → 2026-09-15₹171.99 → ₹193.09
- MACD histogram bearish 2026-08-13 → 2026-09-15₹171.99 → ₹193.09
- Stochastic %K bearish 2026-08-13 → 2026-09-15₹171.99 → ₹193.09
✅ Screens RSL passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| KAMDHENUKamdhenu Limited | ₹41.05 | +3.92% | 94 | Uptrend | 93.00 |
| IMPEXFERROImpex Ferro Tech Limited | ₹5.58 | +1.82% | 91 | Strong Uptrend | 98.00 |
| SUPREMEENGSupreme Engineering Limited | ₹3.58 | +1.99% | 91 | Strong Uptrend | 99.00 |
| GRAPHITEGraphite India Limited | ₹830.85 | +2.06% | 85 | Strong Uptrend | 88.00 |
| MAHSEAMLESMaharashtra Seamless Limited | ₹717.55 | -0.37% | 84 | Strong Uptrend | 74.00 |
| SAMBHVSambhv Steel Tubes Limited | ₹147.57 | +14.32% | 83 | Strong Uptrend | 87.00 |
| WENDTWendt (India) Limited | ₹8,768 | +0.03% | 81 | Strong Uptrend | 68.00 |
| GFSTEELSGrand Foundry Limited | ₹25.44 | +4.99% | 80 | Strong Uptrend | 98.00 |
| KIRLFERKirl. Ferrous | ₹480.65 | +1.33% | 80 | Strong Uptrend | — |
| VENUSPIPESVenus Pipes & Tubes Limited | ₹2,283 | +7.09% | 78 | Strong Uptrend | 95.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.