RAJRATAN· Materials› Iron & Steel

Rajratan Global Wire Ltd

Stage 3 · Topping · week 2

As of 16 Oct 2026, Rajratan Global Wire is in Stage 3 — topping, where an uptrend loses steam, in week 2 (since 7 Oct 2026). It closed at ₹448, 17.1% below its 52-week high and below its 200-day average, which is rising. In Materials, 34.1% of stocks are in Stage 2.

Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India and Thailand. More about the company

₹447.6
+0.34% today
₹2,273 Cr · Small cap
Market Neutral — FadingMaterials 34.1% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

Topping — the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

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Is RAJRATAN early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-17.1%
₹312.1 lo₹540.1 hi
17.1% below 52W high — weakening from peak
Stock is rolling over from its 52W high. Stage 3 distribution — new longs are high risk here.
Stage Maturity
Week 2
1w13w26w
Week 2 — early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
-0.8%
200 DMA: ₹451.4 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.16x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution — institutions are exiting. A clear warning to avoid new longs.
Trend Health
↓
MA20 rolling over · -3.8% vs MA50 -3.0%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-3.3%
3M
-7.9%
6M
+6.0%
YTD
-4.3%
1Y
+44.9%
Sector
Materials
↓ Peaking
Stage 2%
34.1%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
Sector has 153 Stage 2 leaders. See Materials Stage 2 →
Industry
Iron & Steel
↑ Building
Stage 2%
36.7%
20d Δ
+1.3pp
1M return
-0.1%
3M return
+2.9%
Industry Stage-2 % · last 20 days
Industry has 28 Stage 2 leaders. See Iron & Steel Stage 2 →
Stage Cycle Timeline2023-07-20 → 2026-10-16
S4 27w
S4 33w
S2 15w
S2 18w
2023-07-202026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 3w → S4 10w → S1 5w → S4 8w → S1 2w → S4 27w → S1 6w → S4 33w → S1 11w → S4 13w → S1 2w → S2 15w → S3 7w → S4 5w → S1 1w → S2 18w → S3 1w current
Total tracked: 168 weeks across 17 stage runs.
Scan Membership
Pullback Hunter
Latest: 2026-09-10
Prop Scan
Latest: 2026-09-10
60 appearances in last 60 days. First seen: 2026-07-15.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S3
Wk 2 · Vol 1.16x
2026-10-15S3
Wk 2 · Vol 0.53x
2026-10-14S3
Wk 2 · Vol 0.51x
2026-10-13S3
Wk 1 · Vol 0.28x
2026-10-12S3
Wk 1 · Vol 0.28x
2026-10-09S3
Wk 1 · Vol 0.38x
2026-10-08S3
Wk 1 · Vol 0.44x
2026-10-07S32→3
Wk 1 · Vol 0.56x
2026-10-06S2
Wk 18 · Vol 0.60x
2026-10-05S2
Wk 18 · Vol 0.29x
2026-10-01S2
Wk 17 · Vol 0.35x
2026-09-30S2
Wk 17 · Vol 0.17x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹484
200 DMA
₹451.4
52W High
₹540.1
52W Low
₹312.1
5D Low
₹446.1
Resistance levels (recent highs)
20d High
₹483.2
60d High
₹540.1
120d High
₹540.1
250d High
₹540.1
Next resistance
+8.0%
to 20d High
Ask the Market AI about RAJRATANAsk →
P/E (TTM)
30.5
Forward 19.0
Earnings Growth (YoY)
+1.8%
Revenue +25.0%
ROE
+11.6%
Profit margin +6.1%
Dividend Yield
0.48%
P/B 3.3
About this companyMaterials· Iron & Steel

Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India and Thailand. It also offers high carbon steel wires that are used in construction, engineering, and automobile industries. The company was incorporated in 1988 and is based in Indore, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.