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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 2024-12-24 View latest technical analysis

10 day averaged volume of Amara Raja is 521420

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	1194.75	1167.00	1200.00	1161.00	0.866 times
23 Mon Dec 2024	1167.00	1217.95	1217.95	1157.00	1.302 times
20 Fri Dec 2024	1197.35	1266.95	1274.95	1185.00	2.789 times
19 Thu Dec 2024	1220.10	1223.65	1240.00	1206.00	0.657 times
18 Wed Dec 2024	1240.65	1260.70	1269.35	1228.05	0.823 times
17 Tue Dec 2024	1260.70	1289.00	1310.50	1252.10	0.952 times
16 Mon Dec 2024	1281.90	1293.50	1303.65	1264.90	0.878 times
13 Fri Dec 2024	1293.70	1286.00	1298.00	1272.55	0.389 times
12 Thu Dec 2024	1296.35	1315.95	1318.80	1290.60	0.544 times
11 Wed Dec 2024	1315.95	1311.90	1322.00	1303.00	1.047 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1227.9, but if it comes above 1227.9, then a intra day buy could be more profitable.
If you take a sell trade below 1227.9, then use 1227.9 as stoploss and 1171.2 as target. However if you take a buy trade in stock , then use 1227.9 as stoploss and 1275.18 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1157.00
Downside Target	1185.00
Upside Target	1209.05
Upside Target	1263.00
Upside Target	1344.95
Upside Target	1360.00
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	1161.85
Downside Intraday Target	1128.95
Upside Intraday Target	1222.8
Upside Intraday Target	1250.85
Downside Intraday Target	1189.9

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	1194.75	1217.95	1217.95	1157.00	0.355 times
20 Fri Dec 2024	1197.35	1293.50	1310.50	1185.00	1.708 times
13 Fri Dec 2024	1293.70	1333.00	1360.00	1272.55	0.842 times
06 Fri Dec 2024	1330.65	1290.00	1344.95	1263.00	0.881 times
29 Fri Nov 2024	1280.70	1260.00	1285.00	1224.05	1.485 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
24 Tue Dec 2024	1194.75	1290.00	1360.00	1157.00	0.841 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 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 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 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.

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 moving up

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

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 1232.37 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.