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Is RNW gaining bearish strength? 20 Day Moving Average Resistance shows up after slipping 1.46%

ReNew Energy Global plc (RNW) — Nightly Technical Analysis · Jul 2, 2026, 19:58 ET
RNW closed down 1.46% on Thursday, July 2nd, with volume running 1.2× above average. Multiple bearish signals emerged — 20 DMA Resistance and Fell Below 200 DMA — suggesting potential weakness ahead. Key support levels exist at 6.0, 5.9 & 5.77, with resistance at 6.23, 6.36 & 6.46.

Current SwingTradeBot Technical Rating of RNW: D

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ReNew Energy Global PLC (RNW)