(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 2024-06-18 View latest technical analysis
10 day averaged volume of Indo Rama is 174413
Date | Daily Closing Price | Open | High | Low | Volume |
18 Tue Jun 2024 | 43.22 | 43.78 | 44.39 | 43.00 | 1.07 times |
14 Fri Jun 2024 | 43.45 | 43.55 | 44.70 | 42.56 | 1.759 times |
13 Thu Jun 2024 | 42.94 | 43.00 | 43.62 | 42.52 | 0.708 times |
12 Wed Jun 2024 | 43.24 | 42.95 | 43.67 | 42.41 | 1.278 times |
11 Tue Jun 2024 | 42.40 | 42.35 | 43.00 | 41.75 | 0.726 times |
10 Mon Jun 2024 | 42.03 | 42.00 | 43.43 | 41.90 | 1.061 times |
07 Fri Jun 2024 | 41.75 | 41.00 | 42.50 | 40.70 | 1.179 times |
06 Thu Jun 2024 | 40.70 | 40.85 | 41.90 | 40.25 | 0.74 times |
05 Wed Jun 2024 | 40.20 | 39.35 | 40.45 | 38.65 | 0.654 times |
04 Tue Jun 2024 | 39.35 | 40.50 | 41.00 | 37.50 | 1.021 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.8, but if it comes below 42.8, then a intra day sell could be more profitable.
If you take a sell trade below 42.8, then use 42.8 as stoploss and 41.68 as target. However if you take a buy trade in stock , then use 42.8 as stoploss and 44.1 as target.
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 36.40 |
Downside Target | 37.50 |
Downside Target | 39.15 |
Downside Target | 40.00 |
Downside Target | 41.10 |
Upside Target | 44.70 |
Upside Target | 45.80 |
Upside Target | 47.40 |
Upside Target | 49.60 |
Upside Target | 52.50 |
Upside Target | 65.95 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 42.68 |
Downside Intraday Target | 42.15 |
Upside Intraday Target | 44.07 |
Upside Intraday Target | 44.93 |
Upside Intraday Target | 43.54 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Tue Jun 2024 | 43.22 | 43.78 | 44.39 | 43.00 | 0.194 times |
14 Fri Jun 2024 | 43.45 | 42.00 | 44.70 | 41.75 | 1.238 times |
07 Fri Jun 2024 | 41.75 | 41.50 | 42.50 | 37.50 | 1.847 times |
31 Fri May 2024 | 40.25 | 41.95 | 42.05 | 40.00 | 0.688 times |
24 Fri May 2024 | 41.95 | 43.80 | 43.80 | 41.10 | 0.614 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 |
18 Tue Jun 2024 | 43.22 | 41.50 | 44.70 | 37.50 | 0.637 times |
31 Fri May 2024 | 40.25 | 45.75 | 45.80 | 40.00 | 0.581 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 |
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 Indo Rama (INDORAMA)
Price action analysis of Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a short to mid 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 Indo Rama ( (INDORAMA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Indo Rama 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.
Indo Rama 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 coming down
CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 42.13 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a short to mid 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 Indo Rama ( (INDORAMA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Indo Rama 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.
Indo Rama 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 coming down
CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 42.13 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
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
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