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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 2025-01-09 View latest technical analysis

10 day averaged volume of Indo Rama is 85737

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	44.06	41.11	46.20	41.11	9.398 times
08 Wed Jan 2025	41.62	42.00	42.00	40.49	1.025 times
07 Tue Jan 2025	41.40	39.18	41.49	39.18	1.54 times
06 Mon Jan 2025	39.05	40.50	41.26	38.99	1.153 times
03 Fri Jan 2025	40.97	41.74	42.08	40.82	0.95 times
02 Thu Jan 2025	41.21	41.41	41.74	41.00	0.472 times
01 Wed Jan 2025	40.93	40.89	41.40	40.51	0.904 times
31 Tue Dec 2024	40.49	40.07	41.19	39.51	1.16 times
30 Mon Dec 2024	40.07	39.87	40.30	39.52	1.112 times
27 Fri Dec 2024	39.87	39.99	41.00	39.11	0.895 times

Stock of Indo Rama (INDORAMA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.1, but if it comes below 43.1, then a intra day sell could be more profitable.
If you take a sell trade below 43.1, then use 43.1 as stoploss and 41.5 as target. However if you take a buy trade in stock , then use 43.1 as stoploss and 45 as target.

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.71
Downside Target	38.99
Downside Target	41.37
Upside Target	44.24
Upside Target	44.89
Upside Target	46.20
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	39.97
Downside Intraday Target	35.87
Upside Intraday Target	47.18
Upside Intraday Target	50.29
Downside Intraday Target	43.08

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	44.06	40.50	46.20	38.99	2.853 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indo Rama (INDORAMA)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	44.06	40.89	46.20	38.99	0.437 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Indo Rama ( (INDORAMA) ) based on a mid to longer 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.

ADX buy sell signal for Indo Rama stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 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 42.35 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.