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Ruchira Papers Limited (RUCHIRA) — Technical Setup
₹102.45 +0.01% Range Volatility Contraction Neutral
Summary
Ruchira Papers Limited is in a range on the daily chart, with the weekly trend bearish and the monthly trend bearish. RSI(14) is 51.2, MACD is above its signal line, ADX reads 9 (weak trend). The stock trades 6.1% below its 200-day average and 23.6% below its 52-week high. Volume in the latest session was 0.7× its 20-day average. Over three months it has underperformed the Nifty 50 by 11.3 percentage points. Nearest support is ₹100.13 and resistance ₹104.24. Its technical score is 51/100 (neutral).
🧮 How the 51/100 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 (0.69)3/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA (-6.09)0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (9.44)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (51.19)4/6
- MACD line above its signal line4/4
- MACD line above zero (-0.56)0/3
- 12-day rate of change positive (1.66)3/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-11.32)0/2
- On-balance volume rising over 20 sessions5/5
- Chaikin Money Flow (20) positive (-0.15)0/5
- More volume on up days than down days (20 sessions) (1.59)5/5
- Close above 20-day VWAP (0.14)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (2.51)4/6
- Price in the upper half of its Bollinger Bands (0.60)5/5
- Shallow drawdown from the 52-week high (-23.55)1/5
- Volatility contracting (20-day volatility below its 6-month median) (2.40)4/4
- Room to the next resistance (≥8% scores full) (1.74)0/5
- Support close below (a tight, definable stop) (2.26)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-23.55)0/5
🧭 Regime: Range
Volatility Contraction — Bollinger width is in the 14th percentile of the last six months.
Suits: Mean reversion / range trading. No directional edge: buy near range support, sell near resistance, and treat breakouts with suspicion until volume confirms them.
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 Bollinger Band Reversion rules for RUCHIRA — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | ▼ Bearish | 46.07 | -1.66 |
| Weekly | ▼ Bearish | 44.67 | -0.09 |
| Daily | ▼ Bearish | 51.19 | 0.35 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bullish, weekly ADX 12.14.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
RUCHIRA ÷ 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 |
|---|---|---|---|
| Resistance | ₹114.90 | +12.2% | 11 |
| Resistance | ₹110.80 | +8.2% | 1 |
| Resistance | ₹107.16 | +4.6% | 2 |
| Resistance | ₹104.24 | +1.7% | 2 |
| Close | ₹102.45 | — | |
| Support | ₹100.13 | −2.3% | 4 |
| Support | ₹97.16 | −5.2% | 2 |
| Support | ₹95.17 | −7.1% | 1 |
52-week range: ₹95.17 – ₹134.01 (-23.55% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹127.99 (2026-05-21) to ₹97.51 (2026-10-23). Price has retraced 16.2% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹104.70 | +2.2% | S/R confluence nearest |
| 38.2% retracement | ₹109.15 | +6.5% | |
| 50.0% retracement | ₹112.75 | +10.1% | |
| 61.8% retracement | ₹116.35 | +13.6% | |
| 78.6% retracement | ₹121.47 | +18.6% | |
| 127.2% extension | ₹89.22 | -12.9% | |
| 161.8% extension | ₹78.67 | -23.2% | |
| 200.0% extension | ₹67.03 | -34.6% |
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-11-05 neutral Weak · 20
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens RUCHIRA passes today
⚠️ 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.
