RR Kabel Ltd BUY POSITION CALL

 

SECOND TARGET DONE IT MAKE HIGH  1314  12/5/2025 

RR Kabel Ltd BUY ABOVE  1248 TGT 1270/1292/1355  SL 1025 POSITION CALL  

Based on the chart provided for RR Kabel Ltd (NSE) on the 1-hour timeframe, here’s a comprehensive technical analysis including support, resistance, Fibonacci levels, RSI, volume, and a suggested trade setup:

🔍 Technical Overview Current Market Price (CMP): ₹1248.90 🔧 Key Technical Levels: Support Levels: ₹1164.50 – Major support (0.618 Fibonacci retracement)

₹1109.50 – Psychological support & historical level

₹1025.65 – Strong support (0.786 Fibonacci retracement)

Resistance Levels: ₹1270.20 – Immediate resistance (recent price ceiling)

₹1355.20 – Fibonacci 0.382 resistance

₹1358.25 – Next major resistance

📈 Indicators: RSI (Relative Strength Index): ~66.88 (approaching overbought)

Still room to move up but nearing resistance zone

Volume: Decreasing with sideways movement — indicating possible accumulation

50-period EMA (Blue Line): Price is above EMA = bullish bias

📊 Fibonacci Retracement (from ₹1025.65 to ₹1358.25): 50% level at ₹1248.95 – current price is testing this crucial level

A breakout above this with volume can push price toward ₹1270/₹1355

📈 Trading Plan Based on Time Horizon 🔹 Short-Term (1-2 weeks): Buy Above: ₹1255–1260 (after breakout above 50% fib level)

Target: ₹1270 / ₹1355

Stop Loss: ₹1210

🔸 Medium-Term (2 weeks–2 months): Buy Zone: ₹1200–1220 (on dip to support)

Target: ₹1355 / ₹1400+

Stop Loss: ₹1164

🔺 Long-Term (2+ months): Buy Zone: ₹1100–1165 (accumulate near major supports)

Target: ₹1500+

Stop Loss: ₹1025 (Fibonacci 0.786 level)

📉 Valuation Check (PE Ratio Insight): You didn’t provide PE ratio details, but based on typical value-driven investing:

Compare RR Kabel’s PE with sector average (Consumer Durables or Cables)

If the PE is lower than peers and earnings are stable or growing, current levels are attractive for long-term

✅ Summary: Watch for breakout above ₹1255–1260 with volume confirmation

Avoid fresh buy near resistance without breakout

Good accumulation zones: ₹1100–1165 for long-term holding

RSI and volume suggest a potential breakout, but caution near overbought conditions