(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 2024-05-22 View latest technical analysis
10 day averaged volume of Indo Rama is 155620
Date | Daily Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 42.10 | 42.50 | 43.80 | 41.10 | 0.728 times |
21 Tue May 2024 | 42.30 | 43.80 | 43.80 | 42.00 | 1.315 times |
18 Sat May 2024 | 43.85 | 44.65 | 44.85 | 42.65 | 0.868 times |
17 Fri May 2024 | 44.65 | 44.05 | 44.95 | 43.20 | 0.519 times |
16 Thu May 2024 | 43.65 | 43.45 | 44.15 | 42.65 | 1.48 times |
15 Wed May 2024 | 42.65 | 42.85 | 43.60 | 42.30 | 0.552 times |
14 Tue May 2024 | 42.50 | 41.65 | 42.80 | 41.65 | 0.388 times |
13 Mon May 2024 | 41.60 | 42.25 | 43.95 | 40.75 | 2.611 times |
10 Fri May 2024 | 41.95 | 42.25 | 42.25 | 41.25 | 0.57 times |
09 Thu May 2024 | 41.60 | 43.00 | 43.50 | 41.00 | 1.283 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.2, but if it comes above 42.2, then a intra day buy could be more profitable.
If you take a sell trade below 42.2, then use 42.2 as stoploss and 40.5 as target. However if you take a buy trade in stock , then use 42.2 as stoploss and 43.57 as target.
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 36.40 |
Downside Target | 39.15 |
Downside Target | 40.75 |
Upside Target | 43.80 |
Upside Target | 46.30 |
Upside Target | 46.55 |
Upside Target | 47.40 |
Upside Target | 49.60 |
Upside Target | 51.80 |
Upside Target | 52.50 |
Upside Target | 65.95 |
Upside Target | 67.10 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 40.87 |
Downside Intraday Target | 39.63 |
Upside Intraday Target | 43.57 |
Upside Intraday Target | 45.03 |
Upside Intraday Target | 42.33 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Wed May 2024 | 42.10 | 43.80 | 43.80 | 41.10 | 0.318 times |
18 Sat May 2024 | 43.85 | 42.25 | 44.95 | 40.75 | 1.179 times |
10 Fri May 2024 | 41.95 | 44.55 | 44.80 | 41.00 | 2.387 times |
03 Fri May 2024 | 44.55 | 46.30 | 46.30 | 44.20 | 0.354 times |
26 Fri Apr 2024 | 45.55 | 44.05 | 46.55 | 44.05 | 1.399 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 |
22 Wed May 2024 | 42.10 | 45.75 | 45.80 | 40.75 | 0.443 times |
30 Tue Apr 2024 | 45.40 | 39.15 | 47.40 | 39.15 | 0.58 times |
28 Thu Mar 2024 | 38.85 | 51.90 | 52.50 | 36.40 | 0.626 times |
29 Thu Feb 2024 | 51.85 | 65.75 | 65.95 | 49.60 | 0.74 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 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 Indo Rama ( (INDORAMA) ) 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 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 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 Indo Rama stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Indo Rama in short term but the buy signal is initial and weak.
Indo Rama Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Indo Rama 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indo Rama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.47 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 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 Indo Rama ( (INDORAMA) ) 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 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 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 Indo Rama stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Indo Rama in short term but the buy signal is initial and weak.
Indo Rama Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Indo Rama 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indo Rama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.47 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
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.