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 2024-11-29 View latest technical analysis

10 day averaged volume of Indo Rama is 91666

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	41.09	41.85	41.89	40.84	0.744 times
28 Thu Nov 2024	41.86	41.41	42.75	41.41	1.172 times
27 Wed Nov 2024	41.56	39.70	41.89	39.36	1.532 times
26 Tue Nov 2024	39.50	40.79	40.79	39.00	0.605 times
25 Mon Nov 2024	39.85	39.98	40.30	39.40	0.976 times
22 Fri Nov 2024	39.33	38.27	39.85	38.05	1.009 times
21 Thu Nov 2024	38.27	38.72	39.09	38.01	0.531 times
19 Tue Nov 2024	38.86	38.71	39.83	38.61	0.84 times
18 Mon Nov 2024	38.61	38.74	39.05	37.71	1.168 times
14 Thu Nov 2024	38.74	38.51	39.80	38.20	1.257 times

My analysis of stock is bullish for shortterm, and stock might move up till 42.5 or till 44.6. Use a stoploss of 40.79 and if this stock hits its stoploss, then it can fall down till 39.06

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.71
Downside Target	39.85
Upside Target	41.60
Upside Target	43.21
Upside Target	44.24
Upside Target	46.60
Upside Target	50.49
Upside Target	51.00
Upside Target	51.98
Upside Target	59.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Intraday Target	39.14
Downside Intraday Target	37.2
Upside Intraday Target	42.89
Upside Intraday Target	44.7
Downside Intraday Target	40.95

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	41.09	39.98	42.75	39.00	1.417 times
22 Fri Nov 2024	39.33	38.74	39.85	37.71	0.743 times
14 Thu Nov 2024	38.74	41.90	41.90	38.20	0.895 times
08 Fri Nov 2024	42.62	42.88	44.24	41.60	0.849 times
01 Fri Nov 2024	42.88	40.74	42.98	38.97	0.389 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
29 Fri Nov 2024	41.09	42.32	44.24	37.71	0.311 times
31 Thu Oct 2024	42.14	49.90	50.49	38.22	0.213 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

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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Indo Rama in short term but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 but selling 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 39.92 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 negative.

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