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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 2025-01-08 View latest technical analysis

10 day averaged volume of Indo Rama is 83589

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	41.62	42.00	42.00	40.49	1.052 times
07 Tue Jan 2025	41.40	39.18	41.49	39.18	1.579 times
06 Mon Jan 2025	39.05	40.50	41.26	38.99	1.183 times
03 Fri Jan 2025	40.97	41.74	42.08	40.82	0.974 times
02 Thu Jan 2025	41.21	41.41	41.74	41.00	0.484 times
01 Wed Jan 2025	40.93	40.89	41.40	40.51	0.928 times
31 Tue Dec 2024	40.49	40.07	41.19	39.51	1.19 times
30 Mon Dec 2024	40.07	39.87	40.30	39.52	1.14 times
27 Fri Dec 2024	39.87	39.99	41.00	39.11	0.918 times
26 Thu Dec 2024	39.69	40.17	40.55	39.37	0.808 times

My analysis of stock is bullish for shortterm, and stock might move up till 43.3 or till 45.3. Use a stoploss of 41.56 and if this stock hits its stoploss, then it can fall down till 39.84

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.71
Downside Target	38.99
Downside Target	41.37
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	39.74
Downside Intraday Target	37.86
Upside Intraday Target	42.75
Upside Intraday Target	43.88
Downside Intraday Target	40.87

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	41.62	40.50	42.00	38.99	0.809 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 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
08 Wed Jan 2025	41.62	40.89	42.08	38.99	0.171 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 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 term time period is neutral. A longer time frame might give a better analysis.

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

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 40.53 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 positive

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