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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 2024-10-11 View latest technical analysis

10 day averaged volume of Indo Rama is 415432

Date Daily Closing Price Open High Low Volume
11 Fri Oct 2024 47.46 47.93 48.50 46.46 0.739 times
10 Thu Oct 2024 47.43 45.26 48.20 45.12 0.989 times
09 Wed Oct 2024 45.25 44.11 46.95 44.11 0.756 times
08 Tue Oct 2024 43.94 43.64 45.14 43.32 0.677 times
07 Mon Oct 2024 43.32 46.45 47.04 41.85 0.812 times
04 Fri Oct 2024 46.41 47.62 47.84 46.20 0.587 times
03 Thu Oct 2024 47.44 48.59 49.00 47.25 0.6 times
01 Tue Oct 2024 48.86 49.90 50.49 48.71 0.724 times
30 Mon Sep 2024 49.70 50.40 51.35 49.31 1.144 times
27 Fri Sep 2024 50.36 48.02 51.75 48.02 3.182 times

My analysis of stock is bearish for shortterm, and stock might move down till 46 or till 42.5. Use a stoploss of 48.82 and if the stock hits stoploss, then it can shoot up till 51.68

Share price targets for Indo Rama (INDORAMA)

Target Type Value
Downside Target 37.50
Downside Target 41.85
Downside Target 43.21
Downside Target 46.20
Upside Target 50.49
Upside Target 51.00
Upside Target 51.35
Upside Target 51.75
Upside Target 51.98
Upside Target 54.95
Upside Target 59.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type Value
Downside Intraday Target 43.37
Downside Intraday Target 39.29
Upside Intraday Target 50.02
Upside Intraday Target 52.59
Downside Intraday Target 45.94

Weekly technical analysis of Indo Rama (INDORAMA)

Date Weekly Closing Price Open High Low Volume
11 Fri Oct 2024 47.46 46.45 48.50 41.85 1.3 times
04 Fri Oct 2024 46.41 50.40 51.35 46.20 0.507 times
27 Fri Sep 2024 50.36 49.05 51.75 47.92 0.722 times
20 Fri Sep 2024 49.02 54.65 54.95 48.10 0.198 times
13 Fri Sep 2024 54.45 48.00 59.50 47.11 7.147 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
11 Fri Oct 2024 47.46 49.90 50.49 41.85 0.092 times
30 Mon Sep 2024 49.70 47.90 59.50 46.60 4.655 times
30 Fri Aug 2024 47.61 49.60 51.00 42.22 0.636 times
31 Wed Jul 2024 49.42 44.50 51.98 43.21 2.126 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.

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 47.92 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 negative.

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.

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 47.92 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 negative.

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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