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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 2024-11-26 View latest technical analysis

10 day averaged volume of Amara Raja is 427555

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	1231.40	1249.75	1258.00	1224.05	1.071 times
25 Mon Nov 2024	1241.85	1260.00	1277.30	1238.05	1.104 times
22 Fri Nov 2024	1228.25	1228.00	1239.60	1209.05	0.736 times
21 Thu Nov 2024	1224.35	1247.80	1247.80	1221.00	0.906 times
19 Tue Nov 2024	1247.80	1230.00	1278.35	1230.00	1.235 times
18 Mon Nov 2024	1224.75	1259.25	1275.60	1221.00	1.073 times
14 Thu Nov 2024	1255.60	1254.80	1269.95	1245.00	0.831 times
13 Wed Nov 2024	1246.40	1280.00	1304.45	1238.00	1.32 times
12 Tue Nov 2024	1269.65	1289.90	1305.00	1263.00	0.907 times
11 Mon Nov 2024	1287.85	1300.00	1304.60	1276.60	0.956 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1238.7, but if it comes above 1238.7, then a intra day buy could be more profitable.
If you take a sell trade below 1238.7, then use 1238.7 as stoploss and 1171 as target. However if you take a buy trade in stock , then use 1238.7 as stoploss and 1295.07 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1209.05
Upside Target	1404.00
Upside Target	1409.00
Upside Target	1422.00
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	1211.2
Downside Intraday Target	1191
Upside Intraday Target	1264.45
Upside Intraday Target	1297.5
Upside Intraday Target	1244.25

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	1231.40	1260.00	1277.30	1224.05	0.551 times
22 Fri Nov 2024	1228.25	1259.25	1278.35	1209.05	0.984 times
14 Thu Nov 2024	1255.60	1300.00	1305.00	1238.00	0.446 times
08 Fri Nov 2024	1303.45	1409.00	1409.00	1294.00	0.759 times
01 Fri Nov 2024	1405.30	1266.65	1422.00	1260.00	1.807 times

Price has moved up 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
26 Tue Nov 2024	1231.40	1404.50	1422.00	1209.05	0.536 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Amara Raja ( (ARENM) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Amara Raja in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Amara Raja Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 1245.65 and Amara Raja (ARENM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.