Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-11 View latest technical analysis

10 day averaged volume of Indo Rama is 326617

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	46.43	45.75	47.24	45.75	0.298 times
10 Wed Jul 2024	45.62	47.25	47.25	44.77	1.043 times
09 Tue Jul 2024	47.06	45.60	48.49	45.60	0.883 times
08 Mon Jul 2024	45.84	46.50	47.26	45.71	0.493 times
05 Fri Jul 2024	47.01	47.11	47.89	46.10	0.473 times
04 Thu Jul 2024	47.71	47.88	48.50	46.51	0.81 times
03 Wed Jul 2024	47.70	48.77	48.77	47.15	0.681 times
02 Tue Jul 2024	48.06	50.80	51.29	47.75	1.38 times
01 Mon Jul 2024	49.36	44.50	51.23	44.50	3.261 times
28 Fri Jun 2024	44.61	44.20	46.06	44.20	0.585 times

My analysis of stock is bullish for shortterm, and stock might move up till 47.5 or till 49.6. Use a stoploss of 45.76 and if this stock hits its stoploss, then it can fall down till 43.99

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
Upside Target	47.25
Upside Target	47.40
Upside Target	48.49
Upside Target	51.29
Upside Target	52.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Intraday Target	44.64
Downside Intraday Target	42.84
Upside Intraday Target	48.36
Upside Intraday Target	50.28
Upside Intraday Target	46.56

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	46.43	46.50	48.49	44.77	0.411 times
05 Fri Jul 2024	47.01	44.50	51.29	44.50	2.14 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

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
11 Thu Jul 2024	46.43	44.50	51.29	44.50	0.724 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 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 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 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 SELL signal for Indo Rama in short term but the sell 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 47.68 and Indo Rama (INDORAMA) stock is trading below this level. This means that stock is falling with high volumes. 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.