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(ARENM) Amara Raja complete technical analysis [charts+indicators] | Buy/Sell Amara Raja | (ARENM) share price targets

Complete technical analysis of Amara Raja (ARENM) by charts plus indicators, forecast predictions and share price targets for Amara Raja (ARENM)

Showing technical analysis as on 2024-11-05 View latest technical analysis

10 day averaged volume of Amara Raja is 827287

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1319.55	1369.05	1374.00	1310.15	2.037 times
04 Mon Nov 2024	1374.25	1409.00	1409.00	1348.00	0.764 times
01 Fri Nov 2024	1405.30	1404.50	1422.00	1396.05	0.246 times
31 Thu Oct 2024	1390.60	1357.30	1397.85	1340.40	0.706 times
30 Wed Oct 2024	1356.25	1337.80	1363.60	1323.35	0.5 times
29 Tue Oct 2024	1329.75	1342.00	1364.40	1310.00	1.121 times
28 Mon Oct 2024	1321.45	1266.65	1363.45	1260.00	3.555 times
25 Fri Oct 2024	1241.80	1270.00	1270.00	1218.85	0.719 times
24 Thu Oct 2024	1263.60	1274.20	1288.00	1260.05	0.312 times
23 Wed Oct 2024	1274.20	1274.50	1298.00	1232.20	0.716 times

Stock of Amara Raja (ARENM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1295.5 as stoploss in an intra day buy trade for a target of 1347.18. However, stock will show a bearish move below 1295.5.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1218.85
Downside Target	1260.00
Downside Target	1297.00
Upside Target	1404.00
Upside Target	1422.00
Upside Target	1422.55
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00
Upside Target	1745.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1283.47
Downside Intraday Target	1247.38
Upside Intraday Target	1382.32
Upside Intraday Target	1445.08
Upside Intraday Target	1346.23

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1319.55	1409.00	1409.00	1310.15	0.457 times
01 Fri Nov 2024	1405.30	1266.65	1422.00	1260.00	1.807 times
25 Fri Oct 2024	1241.80	1356.00	1358.00	1218.85	1.558 times
18 Fri Oct 2024	1342.35	1407.00	1414.90	1338.70	0.482 times
11 Fri Oct 2024	1406.90	1382.00	1422.55	1297.00	0.985 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1319.55	1404.50	1422.00	1310.15	0.161 times
31 Thu Oct 2024	1390.60	1438.00	1444.00	1218.85	1.306 times
30 Mon Sep 2024	1425.95	1528.25	1530.00	1317.20	0.771 times
30 Fri Aug 2024	1521.25	1650.70	1666.00	1458.55	0.645 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Amara Raja (ARENM)

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Amara Raja ( (ARENM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Amara Raja ( (ARENM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Amara Raja stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Amara Raja in short term but the buy signal is initial and weak.

Amara Raja Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Amara Raja in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Amara Raja is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1323.65 and Amara Raja (ARENM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Amara Raja (ARENM) stock. Volume based technical analysis of Amara Raja (ARENM) stock is negative.

Amara Raja Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.