Highlights

• Raj Television Network shares declined nearly 10% amid persistent selling pressure.
• The stock slipped below recent trading levels and moved closer to key support zones.
• Traders are watching whether the counter can stabilize above the INR 18.00 region.

Overview

Raj Television Network Limited (NSE: RAJTV) remained under pressure on May 27, 2026, with the stock closing near INR 18.99, down 9.53% for the session. The sharp decline kept the counter among notable laggards on the NSE amid weak near-term momentum.

Recent price action indicates continued weakness following the broader downtrend seen over the past few months. The stock also witnessed pressure near lower trading ranges as volatility remained elevated.

Fundamental View

For the quarter ended March 2026, Raj Television Network reported standalone total income of INR 2,181.33 lakh. Profit before tax stood at INR 32.30 lakh, while net profit came in at INR 22.02 lakh. Earnings per share for the quarter stood at INR 0.04.

Although the company remained profitable during the quarter, market sentiment in the stock has remained cautious amid weak price performance and low trading participation indicators.

Technical View

RAJTV closed near INR 18.99 while trading below its 21-day moving average near INR 22.10, reflecting a weak near-term structure. Recent price action suggests the stock has slipped below a key trading zone after failing to sustain recovery attempts seen earlier in May.

The 14-day RSI moved near 24.27, indicating deeply weak momentum conditions after the latest decline. Traders may continue monitoring whether the stock stabilizes near current support levels or witnesses further downside pressure.

Key Technical Levels

• Immediate Support: INR 18.00
• Secondary Support: INR 17.00
• Immediate Resistance: INR 20.00
• Next Resistance Zone: INR 21.00

Risks to Watch

• Weak momentum could keep volatility elevated.
• Breakdown below support may increase downside pressure.
• Low market participation may trigger sharp price swings.
• Sustained recovery remains uncertain near current levels.

Summary

Raj Television Network shares remained under pressure on May 27 as the stock declined nearly 10% and slipped below recent trading zones. The counter continues to trade below its short-term moving average, reflecting a weak near-term structure. Traders may continue monitoring support near INR 18.00–17.00, while resistance is placed around INR 20.00–21.00.

FAQs

Why did Raj TV shares decline sharply today?

The stock remained under selling pressure amid weak momentum and continued downside movement near key support levels.

What are the key support levels for Raj TV stock?

Immediate support is placed near INR 18.00, followed by a broader support zone around INR 17.00.

What resistance levels are important for Raj Television Network?

Traders are monitoring resistance near INR 20.00 and the next upside zone around INR 21.00.