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.

10 day averaged volume of Indo Rama is 237862

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	39.61	39.94	40.24	37.55	0.418 times
27 Mon Jan 2025	39.25	40.91	41.45	38.20	0.747 times
24 Fri Jan 2025	41.29	41.55	42.00	40.60	0.143 times
23 Thu Jan 2025	41.62	41.55	42.55	41.40	0.223 times
22 Wed Jan 2025	41.98	43.11	43.64	40.80	0.438 times
21 Tue Jan 2025	42.99	44.20	44.89	42.87	0.369 times
20 Mon Jan 2025	43.76	44.02	45.52	43.50	0.475 times
17 Fri Jan 2025	44.68	45.35	46.36	44.10	0.677 times
16 Thu Jan 2025	45.83	45.00	46.69	45.00	1.286 times
15 Wed Jan 2025	45.11	41.76	46.75	41.20	4.691 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.2, but if it comes above 40.2, then a intra day buy could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 38 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 42.1 as target.

Share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Target	37.55
Downside Target	38.99
Upside Target	40.60
Upside Target	41.45
Upside Target	44.24
Upside Target	45.52
Upside Target	46.20
Upside Target	46.48
Upside Target	46.60
Upside Target	46.75
Upside Target	50.49
Upside Target	59.50

Intraday share price targets for Indo Rama (INDORAMA)

Target Type	Value
Downside Intraday Target	37.62
Downside Intraday Target	35.64
Upside Intraday Target	41.52
Upside Intraday Target	43.44
Downside Intraday Target	39.54

Weekly technical analysis of Indo Rama (INDORAMA)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	39.61	40.91	41.45	37.55	0.706 times
24 Fri Jan 2025	41.29	44.02	45.52	40.60	0.194 times
17 Fri Jan 2025	44.68	43.01	46.75	39.62	1.205 times
10 Fri Jan 2025	44.05	40.50	46.20	38.99	4.253 times
03 Fri Jan 2025	40.97	39.87	42.08	39.51	1.307 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
28 Tue Jan 2025	39.61	40.89	46.75	37.55	1.507 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, and volume has increased substantially. This means that the move can 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indo Rama ( (INDORAMA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 positive zone. This is a BUY 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 44.04 and Indo Rama (INDORAMA) stock is trading below this level. This means that stock is falling with high volumes. 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 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.