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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 2025-01-02 View latest technical analysis

10 day averaged volume of Indo Rama is 99610

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	41.21	41.41	41.74	41.00	0.406 times
01 Wed Jan 2025	40.93	40.89	41.40	40.51	0.778 times
31 Tue Dec 2024	40.49	40.07	41.19	39.51	0.999 times
30 Mon Dec 2024	40.07	39.87	40.30	39.52	0.957 times
27 Fri Dec 2024	39.87	39.99	41.00	39.11	0.77 times
26 Thu Dec 2024	39.69	40.17	40.55	39.37	0.678 times
24 Tue Dec 2024	40.17	40.25	41.37	40.00	0.667 times
23 Mon Dec 2024	40.15	40.42	41.14	40.00	0.912 times
20 Fri Dec 2024	40.26	41.80	42.68	40.05	1.168 times
19 Thu Dec 2024	41.83	42.59	42.90	41.66	1.991 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 40.3 as stoploss in an intra day buy trade for a target of 42.33. However, stock will show a bearish move below 40.3.

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.71
Downside Target	39.11
Upside Target	42.71
Upside Target	43.98
Upside Target	44.24
Upside Target	44.89
Upside Target	46.48
Upside Target	46.60
Upside Target	50.49
Upside Target	59.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Intraday Target	39.9
Downside Intraday Target	38.59
Upside Intraday Target	42.13
Upside Intraday Target	43.05
Downside Intraday Target	40.82

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	41.21	39.87	41.74	39.51	1.037 times
27 Fri Dec 2024	39.87	40.42	41.37	39.11	0.551 times
20 Fri Dec 2024	40.26	44.44	44.89	40.05	0.465 times
13 Fri Dec 2024	43.69	43.34	46.48	42.71	1.455 times
06 Fri Dec 2024	43.34	41.06	43.98	41.06	1.755 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
02 Thu Jan 2025	41.21	40.89	41.74	40.51	0.039 times
31 Tue Dec 2024	40.49	41.06	46.48	39.11	1.724 times
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

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 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 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 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 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 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 40.61 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 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.