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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 2024-12-04 View latest technical analysis

10 day averaged volume of Amara Raja is 467714

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	1320.90	1325.00	1328.70	1309.00	0.996 times
03 Tue Dec 2024	1318.75	1297.00	1337.50	1294.00	1.177 times
02 Mon Dec 2024	1290.75	1290.00	1296.00	1263.00	0.829 times
29 Fri Nov 2024	1280.70	1264.70	1285.00	1259.10	0.768 times
28 Thu Nov 2024	1264.65	1279.90	1280.80	1255.10	1.355 times
27 Wed Nov 2024	1269.95	1236.40	1274.90	1225.60	1.253 times
26 Tue Nov 2024	1231.40	1249.75	1258.00	1224.05	0.979 times
25 Mon Nov 2024	1241.85	1260.00	1277.30	1238.05	1.009 times
22 Fri Nov 2024	1228.25	1228.00	1239.60	1209.05	0.673 times
21 Thu Nov 2024	1224.35	1247.80	1247.80	1221.00	0.828 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1308.2, but if it comes below 1308.2, then a intra day sell could be more profitable.
If you take a sell trade below 1308.2, then use 1308.2 as stoploss and 1273.48 as target. However if you take a buy trade in stock , then use 1308.2 as stoploss and 1349.9 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1209.05
Downside Target	1263.00
Downside Target	1317.20
Upside Target	1337.50
Upside Target	1409.00
Upside Target	1422.00
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1276.77
Downside Intraday Target	1232.63
Upside Intraday Target	1351.27
Upside Intraday Target	1381.63
Downside Intraday Target	1307.13

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	1320.90	1290.00	1337.50	1263.00	0.56 times
29 Fri Nov 2024	1280.70	1260.00	1285.00	1224.05	1.485 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

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
04 Wed Dec 2024	1320.90	1290.00	1337.50	1263.00	0.141 times
29 Fri Nov 2024	1280.70	1404.50	1422.00	1209.05	0.636 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Amara Raja in short term and BUY signal is strong.

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 1269.39 and Amara Raja (ARENM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.