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 2024-10-23 View latest technical analysis

10 day averaged volume of Indo Rama is 291701

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	40.68	40.42	41.63	38.22	0.791 times
22 Tue Oct 2024	40.41	43.31	43.55	40.07	1.969 times
21 Mon Oct 2024	43.75	45.46	45.49	42.57	0.43 times
18 Fri Oct 2024	45.12	45.45	45.61	44.15	0.449 times
17 Thu Oct 2024	45.34	48.01	48.15	44.60	1.278 times
16 Wed Oct 2024	48.02	48.00	49.19	47.80	0.7 times
15 Tue Oct 2024	47.81	46.55	49.01	46.47	1.235 times
14 Mon Oct 2024	46.56	47.46	47.46	46.44	0.402 times
11 Fri Oct 2024	47.46	47.93	48.50	46.46	1.052 times
10 Thu Oct 2024	47.43	45.26	48.20	45.12	1.409 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 40.3, for a target of 43.6 or 46.24

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.50
Upside Target	41.85
Upside Target	43.21
Upside Target	44.15
Upside Target	45.49
Upside Target	49.19
Upside Target	50.49
Upside Target	51.00
Upside Target	51.35
Upside Target	51.75
Upside Target	51.98
Upside Target	59.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Intraday Target	37.44
Downside Intraday Target	34.19
Upside Intraday Target	44.71
Upside Intraday Target	48.73
Upside Intraday Target	41.46

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	40.68	45.46	45.49	38.22	0.785 times
18 Fri Oct 2024	45.12	47.46	49.19	44.15	0.719 times
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

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
23 Wed Oct 2024	40.68	49.90	50.49	38.22	0.172 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.

Indo Rama Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Indo Rama in short term and SELL signal is strong!

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

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 44.97 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.