RedTape

Stage 4 · Declining · week 4

As of 16 Oct 2026, RedTape is in Stage 4 — declining, a downtrend, in week 4 (since 21 Sep 2026). It closed at ₹114, 23.1% below its 52-week high and below its 200-day average, which is falling. In Consumer Discretionary, 29.1% of stocks are in Stage 2.

REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. More about the company

₹114.2
+1.18% today
₹6,310 Cr · Mid cap
Market Neutral — FadingConsumer Discretionary 29.1% in Stage 2-5.5 pts / 20dRetail - Apparel 20.0%+10.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is REDTAPE 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
-23.1%
₹109.8 lo₹148.5 hi
23.1% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 4
1w13w26w
Week 4 — early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-8.7%
200 DMA: ₹125.1 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.18x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -1.8% vs MA50 -5.0%
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
-2.7%
3M
-14.8%
6M
-6.6%
YTD
-8.0%
1Y
-16.1%
Sector
Consumer Discretionary
↓ Peaking
Stage 2%
29.1%
20d Δ
-5.5pp
1M return
-2.1%
3M return
+0.3%
Sector Stage-2 % · last 20 days
Sector has 131 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Retail - Apparel
↑ Building
Stage 2%
20.0%
20d Δ
+10.0pp
1M return
+4.4%
3M return
-0.0%
Industry Stage-2 % · last 20 days
Industry has 2 Stage 2 leaders. See Retail - Apparel Stage 2 →
Stage Cycle Timeline2023-08-11 → 2026-10-16
S? 43w
S2 13w
S4 29w
S4 23w
2023-08-112026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 43w → S2 10w → S3 8w → S2 13w → S3 6w → S4 29w → S1 11w → S4 23w → S1 4w → S2 8w → S3 5w → S4 4w current
Total tracked: 165 weeks across 12 stage runs.
Scan Membership
Prop Scan
Latest: 2026-07-13
Breakout Watch
Latest: 2026-06-15
22 appearances in last 60 days. First seen: 2024-06-07.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S4
Wk 4 · Vol 0.18x
2026-10-15S4
Wk 4 · Vol 0.08x
2026-10-14S4
Wk 4 · Vol 0.13x
2026-10-13S4
Wk 4 · Vol 0.10x
2026-10-12S4
Wk 3 · Vol 0.16x
2026-10-09S4
Wk 3 · Vol 0.18x
2026-10-08S4
Wk 3 · Vol 0.29x
2026-10-07S4
Wk 3 · Vol 0.13x
2026-10-06S4
Wk 3 · Vol 0.13x
2026-10-05S4
Wk 2 · Vol 0.20x
2026-10-01S4
Wk 2 · Vol 0.22x
2026-09-30S4
Wk 2 · Vol 0.18x
Sector Peers — Stage 2All →
SHANTIGOLD
wk 18 · 0.0% from hi
10.0
DPABHUSHAN
wk 8 · -5.9% from hi
9.2
SBC
wk 61 · -1.4% from hi
9.1
DELTACORP
wk 1 · -5.1% from hi
8.8
ISFT
wk 5 · -3.5% from hi
8.6
Moving averages & range
50 DMA
₹120.2
200 DMA
₹125.1
52W High
₹148.5
52W Low
₹109.8
5D Low
₹111.9
Resistance levels (recent highs)
20d High
₹122.1
60d High
₹140
120d High
₹148.5
250d High
₹148.5
Next resistance
+7.0%
to 20d High
Ask the Market AI about REDTAPEAsk →
P/E (TTM)
36.7
Forward —
Earnings Growth (YoY)
+42.9%
Revenue +18.4%
Dividend Yield
0.38%
P/B 9.1
About this companyConsumer Discretionary· Retail - Apparel

REDTAPE Limited manufactures and sells footwear and clothing for men, women, and kids in India and internationally. It offers footwear, such as boots, casual and formal shoes, sandals/slippers, sliders/flip flops, and sports shoes; topwear, including jackets, shirts, sweaters, sweat shirts/hoodies, and T-shirts; bottomwear, such as jeans, trousers, shorts, jeggings, and pants; and sports wear comprising active T-shirts and shorts, as well as innerwear comprising briefs. The company also provides accessories, including wallets, socks, handkerchiefs, caps, belts, and backpacks. It operates through retail and online networks, including exclusive brand outlets, major retail partners, and e-commerce platforms. The company offers its products under the RedTape, RedTape Athleisure, MODE by RedTape, and BOND STREET by RedTape brands. It also exports its products. REDTAPE Limited was founded in 1996 and is based in Noida, India.

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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.