RR Kabel – Technical Analysis, Support and Resistance

The stock

is trading around ₹2451 on the daily chart. The stock had a strong uptrend and moved close to ₹3000 but a sharp correction followed. After falling towards ₹2400 price is now consolidating in the ₹2400–2500 zone. The recent candles show some stability but the stock is still below the previous higher levels. Support & Resistance: Immediate support is around ₹2380–2400, followed by ₹2300–2350. On the upside ₹2500–2550 is the immediate resistance zone. A sustained move above this area can bring ₹2600–2650 into focus while ₹2800–2900 remains a higher resistance zone. Short-Term Buyers & Holders View: For short-term buyers the ₹2380–2400 zone is important for price stability. A breakout above ₹2500–2550 with strong volume can indicate recovery in momentum. If price fails to hold ₹2380 the next support zone is around ₹2300–2350. Holders can monitor the ₹2400 support and ₹2550 resistance for confirmation of the next move.