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20 Day Moving Average Support appears for RNW after 0.16% move

ReNew Energy Global plc (RNW) — Nightly Technical Analysis · Aug 4, 2026, 17:41 ET
RNW posted a 0.16% gain on Tuesday, August 4th, accompanied by 0.3× normal trading volume. Mixed technical signals appeared with 20 DMA Support and 50 DMA Support and MACD Bullish Signal Line Cross suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.19, 6.09 & 6.01, with resistance at 6.38, 6.46 & 6.56. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of RNW: C

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ReNew Energy Global PLC (RNW)