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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ROSSELLIND.NS
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High volatility in Rossell India Limited stock price on Tuesday which ended trading at ₹517.30
(Updated on Jun 25, 2024)

Buy or Hold candidate since Jun 13, 2024 Gain 10.38% PDF

The Rossell India Limited stock price fell by -6.17% on the last day (Tuesday, 25th Jun 2024) from ₹551.30 to ₹517.30. During the last trading day the stock fluctuated 11.50% from a day low at ₹512.10 to a day high of ₹571.00. The price has been going up and down for this period, and there has been a 13.57% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -434 thousand shares and in total, 564 thousand shares were bought and sold for approximately ₹292.00 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 24.97% during the next 3 months and, with a 90% probability hold a price between ₹516.56 and ₹691.18 at the end of this 3-month period.

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ROSSELLIND.NS Signals & Forecast

The Rossell India Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹499.04 and ₹466.42. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 24, 2024, and so far it has fallen -6.17%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Rossell India Limited stock

Rossell India Limited finds support from accumulated volume at ₹492.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved ₹58.90 between high and low, or 11.50%. For the last week, the stock has had daily average volatility of 9.13%.

Our recommended stop-loss: ₹495.16 (-4.28%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (ROSSELLIND.NS) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Rossell India Limited to open at ₹533.47, and during the day (based on 14 day Average True Range), to move between ₹484.78 and ₹549.82, which gives a possible trading interval of +/-₹32.52 (+/-6.29%) up or down from last closing price. If Rossell India Limited takes out the full calculated possible swing range there will be an estimated 12.57% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹492.60 (4.77%) than the resistance at ₹551.30 (6.57%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Rossell India Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Rossell India Limited stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.747 Buy Candidate Upgraded

Predicted Opening Price for Rossell India Limited of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
₹533.47 ( 3.13%) ₹517.30

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ROSSELLIND.NS

Fibonacci Support & Resistance Levels

Level Price
R3 592.37 14.51%
R2 569.87 10.16%
R1 555.97 7.47%
Price 517.30
S1 510.97 -1.22%
S2 497.07 -3.91%
S3 474.57 -8.26%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 551.30 6.57%
Price 517.30
S1 492.60 -4.77%
S2 471.15 -8.92%
S3 468.35 -9.46%

ROSSELLIND Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 12, 2024 Aug 12, 2024 Sep 19, 2024 ₹0.300 0.0580%
2 Jul 20, 2023 Jul 20, 2023 Jul 20, 2023 ₹0.400 0.0959%
3 Jul 28, 2022 Jul 28, 2022 Jul 28, 2022 ₹0.300 0.150%
4 Aug 31, 2021 Aug 31, 2021 Aug 31, 2021 ₹0.300 0.184%
5 Sep 15, 2020 Sep 15, 2020 Sep 15, 2020 ₹0.200 0.135%

FAQ

What is the symbol for Rossell India Limited Stock and on which exchange is it traded?
The symbol for Rossell India Limited is ROSSELLIND.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Rossell India Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Rossell India Limited stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Rossell India Limited Stock?
Rossell India Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Rossell India Limited Stock.

What's the current price of Rossell India Limited Stock?
As of the end of day on the Jun 25, 2024, the price of an Rossell India Limited (ROSSELLIND.NS) share was ₹517.30.

What is the 52-week high and low for Rossell India Limited Stock?
The 52-week high for Rossell India Limited Stock is ₹571.00 and the 52-week low is ₹341.25.

What is the market capitalization of Rossell India Limited Stock?
As of the Jun 25, 2024, the market capitalization of Rossell India Limited is 20.782B.

When is the next earnings date for Rossell India Limited?
The upcoming earnings date for Rossell India Limited is Aug 01, 2024.
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About Rossell India Limited

Rossell India Limited Rossell India Limited engages in cultivation, manufacture, and sale of black tea primarily in India. It operates through Cultivation, Manufacture, and Sale of Tea; and Aviation Products and Services. The company also designs and develops avionics equipment; and offers black pepper. In addition, it provides wire harness and interconnect systems; electronic systems and systems integration; test solutions; and after-market product support services. ... ROSSELLIND.NS Profile

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