Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RAJRILTD_BE) Raj Rayon complete technical analysis [charts+indicators] | Buy/Sell Raj Rayon | (RAJRILTD_BE) share price targets

Complete technical analysis of Raj Rayon (RAJRILTD_BE) by charts plus indicators, forecast predictions and share price targets for Raj Rayon (RAJRILTD_BE)

10 day averaged volume of Raj Rayon is 24747

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	21.35	21.20	21.35	20.94	4.435 times
25 Thu Jul 2024	20.94	21.12	21.12	20.73	0.56 times
24 Wed Jul 2024	20.73	20.70	20.74	20.33	1.057 times
23 Tue Jul 2024	20.34	20.06	20.68	20.06	1.028 times
22 Mon Jul 2024	20.34	20.78	20.78	20.12	0.344 times
19 Fri Jul 2024	20.48	20.99	20.99	20.30	0.681 times
18 Thu Jul 2024	20.70	21.29	21.29	20.66	1.231 times
16 Tue Jul 2024	21.02	20.55	21.29	20.50	1.942 times
15 Mon Jul 2024	20.89	21.14	21.14	20.35	1.065 times
12 Fri Jul 2024	20.75	20.75	20.95	20.35	0.64 times

Stock of Raj Rayon (RAJRILTD_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21.4, for a target of 21.1 or 20.84

Share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Target	19.70
Downside Target	21.29
Upside Target	21.41
Upside Target	21.48
Upside Target	21.71
Upside Target	21.95
Upside Target	22.25
Upside Target	23.50
Upside Target	24.10
Upside Target	29.95

Intraday share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Intraday Target	20.49
Downside Intraday Target	19.63
Upside Intraday Target	21.78
Upside Intraday Target	22.21
Downside Intraday Target	20.92

Weekly technical analysis of Raj Rayon (RAJRILTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	21.35	20.78	21.35	20.06	1.51 times
19 Fri Jul 2024	20.48	21.14	21.29	20.30	0.709 times
12 Fri Jul 2024	20.75	21.00	21.48	20.22	1.16 times
05 Fri Jul 2024	21.02	21.05	21.71	20.55	1.408 times
28 Fri Jun 2024	20.66	20.87	21.41	20.34	0.828 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 Raj Rayon (RAJRILTD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	21.35	21.05	21.71	20.06	1.291 times
28 Fri Jun 2024	20.66	21.60	22.25	19.70	0.814 times
31 Fri May 2024	21.30	23.20	23.50	20.50	0.632 times
30 Tue Apr 2024	23.20	21.55	24.10	20.75	1.062 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 Raj Rayon (RAJRILTD_BE)

Price action analysis of Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Raj Rayon 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.

Raj Rayon 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Rayon 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

Stock of Raj Rayon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.95 and Raj Rayon (RAJRILTD_BE) 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 Raj Rayon (RAJRILTD_BE) stock. Volume based technical analysis of Raj Rayon (RAJRILTD_BE) stock is negative.

Raj Rayon Stock is giving positive 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.