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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 2024-07-24 View latest technical analysis

10 day averaged volume of Indo Rama is 208273

Date Daily Closing Price Open High Low Volume
24 Wed Jul 2024 45.11 44.25 45.83 44.21 0.828 times
23 Tue Jul 2024 43.94 43.90 45.19 43.25 0.579 times
22 Mon Jul 2024 44.31 43.85 45.45 43.53 0.836 times
19 Fri Jul 2024 43.54 45.75 45.87 43.21 1.113 times
18 Thu Jul 2024 45.64 46.25 46.79 45.15 0.694 times
16 Tue Jul 2024 46.01 46.25 47.30 45.86 1.067 times
15 Mon Jul 2024 46.24 45.90 47.44 45.14 1.424 times
12 Fri Jul 2024 45.58 46.55 46.86 45.10 0.798 times
11 Thu Jul 2024 46.43 45.75 47.24 45.75 0.467 times
10 Wed Jul 2024 45.62 47.25 47.25 44.77 1.636 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 44.5 as stoploss in an intra day buy trade for a target of 45.98. However, stock will show a bearish move below 44.5.

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 43.21
Upside Target 45.80
Upside Target 47.25
Upside Target 47.40
Upside Target 47.44
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 43.63
Downside Intraday Target 42.15
Upside Intraday Target 46.21
Upside Intraday Target 47.31
Downside Intraday Target 44.73

Weekly technical analysis of Indo Rama (INDORAMA)

Date Weekly Closing Price Open High Low Volume
24 Wed Jul 2024 45.11 43.85 45.83 43.25 0.522 times
19 Fri Jul 2024 43.54 45.90 47.44 43.21 0.85 times
12 Fri Jul 2024 45.58 46.50 48.49 44.77 0.488 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

Price has moved up 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
24 Wed Jul 2024 45.11 44.50 51.29 43.21 1.088 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 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 but the sell signal is initial and weak.

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 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 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 45.29 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 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 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 but the sell signal is initial and weak.

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 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 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 45.29 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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