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(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 2024-07-03 View latest technical analysis

10 day averaged volume of Indo Rama is 378879

Date Daily Closing Price Open High Low Volume
03 Wed Jul 2024 47.70 48.77 48.77 47.15 0.587 times
02 Tue Jul 2024 48.06 50.80 51.29 47.75 1.19 times
01 Mon Jul 2024 49.36 44.50 51.23 44.50 2.811 times
28 Fri Jun 2024 44.61 44.20 46.06 44.20 0.505 times
27 Thu Jun 2024 44.43 45.40 45.89 44.11 0.336 times
26 Wed Jun 2024 45.49 45.15 46.47 45.05 0.516 times
25 Tue Jun 2024 45.15 45.70 46.44 45.00 0.471 times
24 Mon Jun 2024 46.04 45.00 47.25 44.80 0.833 times
21 Fri Jun 2024 45.28 47.25 47.25 45.11 0.752 times
20 Thu Jun 2024 46.84 43.37 47.40 42.74 2.193 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.7, but if it comes below 46.7, then a intra day sell could be more profitable.
If you take a sell trade below 46.7, then use 46.7 as stoploss and 44.29 as target. However if you take a buy trade in stock , then use 46.7 as stoploss and 49.6 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 41.75
Downside Target 44.11
Downside Target 45.80
Downside Target 47.25
Downside Target 47.40
Upside Target 51.29
Upside Target 52.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type Value
Downside Intraday Target 44.37
Downside Intraday Target 41.04
Upside Intraday Target 51.16
Upside Intraday Target 54.62
Upside Intraday Target 47.83

Weekly technical analysis of Indo Rama (INDORAMA)

Date Weekly Closing Price Open High Low Volume
03 Wed Jul 2024 47.70 44.50 51.29 44.50 1.725 times
28 Fri Jun 2024 44.61 45.00 47.25 44.11 0.694 times
21 Fri Jun 2024 45.28 43.78 47.40 41.99 1.505 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indo Rama (INDORAMA)

Date Monthly Closing Price Open High Low Volume
03 Wed Jul 2024 47.70 44.50 51.29 44.50 0.414 times
28 Fri Jun 2024 44.61 41.50 47.40 37.50 1.387 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

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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indo Rama in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 47.21 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Indo Rama in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 47.21 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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Daily chart
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