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 2024-08-27 View latest technical analysis

10 day averaged volume of Indo Rama is 164439

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	46.87	47.30	48.29	46.77	0.744 times
26 Mon Aug 2024	46.86	48.50	48.50	46.59	1.08 times
23 Fri Aug 2024	47.87	47.80	49.00	47.01	1.97 times
22 Thu Aug 2024	46.91	46.40	47.80	46.05	0.958 times
21 Wed Aug 2024	45.87	45.25	46.89	45.25	0.858 times
20 Tue Aug 2024	45.46	45.60	46.34	45.00	0.603 times
19 Mon Aug 2024	45.04	43.90	45.75	43.90	0.792 times
16 Fri Aug 2024	43.84	44.10	44.64	43.50	0.489 times
14 Wed Aug 2024	43.98	44.80	44.98	42.22	1.586 times
13 Tue Aug 2024	44.96	46.05	46.86	44.93	0.801 times

My analysis of stock is bullish for shortterm, and stock might move up till 47.8 or till 49.5. Use a stoploss of 46.28 and if this stock hits its stoploss, then it can fall down till 44.79

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.50
Downside Target	39.15
Downside Target	40.00
Downside Target	42.22
Downside Target	43.21
Downside Target	45.80
Upside Target	47.50
Upside Target	47.90
Upside Target	48.50
Upside Target	49.00
Upside Target	50.13
Upside Target	51.00
Upside Target	51.98

Intraday share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Intraday Target	46.14
Downside Intraday Target	45.41
Upside Intraday Target	48.05
Upside Intraday Target	49.23
Upside Intraday Target	47.32

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	46.87	48.50	48.50	46.59	0.352 times
23 Fri Aug 2024	47.87	43.90	49.00	43.90	1.386 times
16 Fri Aug 2024	43.84	47.50	47.50	42.22	0.474 times
09 Fri Aug 2024	45.79	46.20	47.90	44.31	0.558 times
02 Fri Aug 2024	46.89	48.50	51.00	46.74	0.798 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
27 Tue Aug 2024	46.87	49.60	50.13	42.22	0.389 times
31 Wed Jul 2024	49.42	44.50	51.98	43.21	2.126 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

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 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 Weak 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 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 moving up

CCI has generated a SELL signal for Indo Rama in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 45.98 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.