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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 2025-01-06 View latest technical analysis

10 day averaged volume of Indo Rama is 81211

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	39.05	40.50	41.26	38.99	1.218 times
03 Fri Jan 2025	40.97	41.74	42.08	40.82	1.003 times
02 Thu Jan 2025	41.21	41.41	41.74	41.00	0.498 times
01 Wed Jan 2025	40.93	40.89	41.40	40.51	0.955 times
31 Tue Dec 2024	40.49	40.07	41.19	39.51	1.225 times
30 Mon Dec 2024	40.07	39.87	40.30	39.52	1.174 times
27 Fri Dec 2024	39.87	39.99	41.00	39.11	0.945 times
26 Thu Dec 2024	39.69	40.17	40.55	39.37	0.832 times
24 Tue Dec 2024	40.17	40.25	41.37	40.00	0.818 times
23 Mon Dec 2024	40.15	40.42	41.14	40.00	1.118 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.8, but if it comes above 39.8, then a intra day buy could be more profitable.
If you take a sell trade below 39.8, then use 39.8 as stoploss and 37.2 as target. However if you take a buy trade in stock , then use 39.8 as stoploss and 42 as target.

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.71
Downside Target	38.99
Upside Target	41.26
Upside Target	42.71
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	38.27
Downside Intraday Target	37.5
Upside Intraday Target	40.54
Upside Intraday Target	42.04
Upside Intraday Target	39.77

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	39.05	40.50	41.26	38.99	0.251 times
03 Fri Jan 2025	40.97	39.87	42.08	39.51	1.307 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

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
06 Mon Jan 2025	39.05	40.89	42.08	38.99	0.098 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 getting stronger in this stock.

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

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

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 40.2 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.