Search+Business News›Markets›Stocks›News›Stock Radar: R R Kabel stock takes support above 50-DMA after hitting record highs in June 2026; time to buy the dip?Investment IdeasRR Kabel regained bullish momentum after holding above its 50-DMA, with analysts expecting a rise towards Rs 2,930 while recommending a stop loss at Rs 2,290.SynopsisRR Kabel has rebounded after retesting its 50-day moving average, with technical indicators signalling renewed strength. Analysts see the stock extending gains towards Rs 2,930, backed by strong price structure, bullish momentum, institutional buying and sustained long-term uptrend.R R Kabel Ltd, part of the cables industry, bounced back after retesting 50-DMA on the daily charts earlier in July 2026.Short-term traders can look to buy the stock for a target closer to Rs 2,900 in the next few weeks, suggest experts.The stock hit a high of Rs 2,547 on 29th June 2026, but it failed to hold the momentum. It closed at Rs 2,497 on 24th July 2026.It took support above the 50-DMA earlier in July 2026 and bounced back. The momentum BYETMarkets.com 3 mins readJul 28, 2026, 05:00:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership
Stock Radar: R R Kabel stock takes support above 50-DMA after hitting record highs in June 2026; time to buy the dip?
RR Kabel has rebounded after retesting its 50-day moving average, with technical indicators signalling renewed strength. Analysts see the stock extending gains towards Rs 2,930, backed by strong price structure, bullish momentum, institutional buying and sustained long-term uptrend.
RR Kabel rebounded above 50-DMA with analysts targeting Rs 2,930 over coming weeks. Indian cables company recovery lacks direct tech implications but signals market confidence in infrastructure utility consolidation.







