(INDORAMA) Indo Rama complete technical analysis [charts+indicators] | Buy/Sell Indo Rama | (INDORAMA) share price targets
Complete technical analysis of Indo Rama (INDORAMA) by charts plus indicators, forecast predictions and share price targets for Indo Rama (INDORAMA)
Indo Rama trades in NSE in Textiles sector.
Showing technical analysis as on 2024-02-16 View latest technical analysis
10 day averaged volume of Indo Rama is 872047
Date | Daily Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 52.80 | 50.55 | 54.80 | 50.20 | 1.462 times |
15 Thu Feb 2024 | 50.40 | 50.70 | 51.75 | 49.95 | 1.295 times |
14 Wed Feb 2024 | 50.10 | 50.30 | 51.70 | 49.80 | 0.769 times |
13 Tue Feb 2024 | 50.35 | 53.90 | 53.90 | 49.60 | 0.78 times |
12 Mon Feb 2024 | 53.15 | 56.90 | 56.90 | 52.30 | 0.712 times |
09 Fri Feb 2024 | 56.45 | 58.65 | 59.00 | 54.40 | 1.644 times |
08 Thu Feb 2024 | 61.75 | 63.80 | 64.85 | 61.25 | 0.949 times |
07 Wed Feb 2024 | 63.00 | 62.40 | 65.65 | 62.15 | 1.943 times |
06 Tue Feb 2024 | 61.65 | 61.00 | 62.50 | 60.45 | 0.393 times |
05 Mon Feb 2024 | 60.65 | 62.90 | 63.50 | 60.15 | 0.734 times |
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 52.1 as stoploss in an intra day buy trade for a target of 57.02. However, stock will show a bearish move below 52.1.
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 47.55 |
Downside Target | 48.65 |
Downside Target | 51.80 |
Upside Target | 54.40 |
Upside Target | 56.90 |
Upside Target | 57.40 |
Upside Target | 59.20 |
Upside Target | 60.30 |
Upside Target | 65.65 |
Upside Target | 65.95 |
Upside Target | 67.10 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 49.3 |
Downside Intraday Target | 45.8 |
Upside Intraday Target | 56.6 |
Upside Intraday Target | 60.4 |
Upside Intraday Target | 53.1 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 52.80 | 56.90 | 56.90 | 49.60 | 0.886 times |
09 Fri Feb 2024 | 56.45 | 62.90 | 65.65 | 54.40 | 0.567 times |
02 Fri Feb 2024 | 62.50 | 54.90 | 67.10 | 54.60 | 8.211 times |
25 Thu Jan 2024 | 54.60 | 53.55 | 54.90 | 51.80 | 0.503 times |
19 Fri Jan 2024 | 53.55 | 57.35 | 57.40 | 52.20 | 0.459 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 Indo Rama (INDORAMA)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 52.80 | 65.75 | 65.95 | 49.60 | 0.557 times |
31 Wed Jan 2024 | 64.65 | 52.30 | 67.10 | 51.80 | 2.077 times |
29 Fri Dec 2023 | 52.10 | 50.50 | 54.75 | 48.65 | 1.076 times |
30 Thu Nov 2023 | 50.20 | 55.80 | 59.20 | 50.05 | 0.805 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 Indo Rama (INDORAMA)
Price action analysis of Indo Rama ( (INDORAMA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a mid to longer 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.
ADX buy sell signal for Indo Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.
Indo Rama 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 Indo Rama 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 Indo Rama is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.24 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama 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.
Price action analysis of Indo Rama ( (INDORAMA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a mid to longer 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.
ADX buy sell signal for Indo Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.
Indo Rama 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 Indo Rama 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 Indo Rama is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.24 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama 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.
Click here for Indo Rama charts
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Daily charts
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