Ridi Power Company Limited

RIDI NEPSE Hydro Power
Rs. 333.70
+0.70 (+0.21%)
End-of-day data
OpenRs. 332.00
HighRs. 334.90
LowRs. 330.70
Prev CloseRs. 333.00
Volume101,912
TurnoverRs. 33,850,679.50
RIDI

RIDI — Ridi Power Company Limited technical analysis

Ridi Power Company Limited (RIDI) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 333.70, up +0.70 (+0.21%) from the previous close of Rs. 333.00, ranging between Rs. 330.70 and Rs. 334.90 on the day on a traded volume of 101,912 shares.

Technical outlook

RIDI's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 336.95) — short-term weak. 20-day below 50-day — trend down. RSI 43 — neutral. MACD above signal — momentum up.

Key levels

The nearest resistance sits around rs. 342.82. support around rs. 327.91. Over the past year, RIDI has traded between a 52-week low of Rs. 216.00 and a high of Rs. 415.00, placing the current price at about 59% of that range.

A recent candlestick signal detected on RIDI: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal down.

Automated read, not advice. Guides: RSI guide, candlestick guide and beginner's investing guide.

For information only — not financial advice.