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(RAMASTEEL) Rama Steel complete technical analysis [charts+indicators] | Buy/Sell Rama Steel | (RAMASTEEL) share price targets

Complete technical analysis of Rama Steel (RAMASTEEL) by charts plus indicators, forecast predictions and share price targets for Rama Steel (RAMASTEEL)

Showing technical analysis as on 2025-03-24 View latest technical analysis

10 day averaged volume of Rama Steel is 6086882

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	10.25	10.29	10.48	10.21	1.227 times
21 Fri Mar 2025	10.25	10.25	10.40	10.20	0.85 times
20 Thu Mar 2025	10.20	10.15	10.46	10.15	1.671 times
19 Wed Mar 2025	10.08	10.13	10.24	9.99	1.344 times
18 Tue Mar 2025	9.93	9.80	10.02	9.69	1.226 times
17 Mon Mar 2025	9.68	9.92	9.92	9.60	0.842 times
13 Thu Mar 2025	9.73	9.97	10.01	9.65	0.701 times
12 Wed Mar 2025	9.89	9.91	10.04	9.86	0.562 times
11 Tue Mar 2025	9.91	9.99	10.12	9.80	0.828 times
10 Mon Mar 2025	9.97	10.35	10.47	9.91	0.924 times

My analysis of stock is bullish for shortterm, and stock might move up till 10.4 or till 10.8. Use a stoploss of 10.11 and if this stock hits its stoploss, then it can fall down till 9.82

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	9.36
Downside Target	9.60
Downside Target	9.90
Downside Target	10.21
Upside Target	10.46
Upside Target	10.90
Upside Target	11.68
Upside Target	11.85
Upside Target	12.07
Upside Target	13.45
Upside Target	14.20
Upside Target	14.40

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	10.15
Downside Intraday Target	10.04
Upside Intraday Target	10.42
Upside Intraday Target	10.58
Upside Intraday Target	10.31

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	10.25	10.29	10.48	10.21	0.207 times
21 Fri Mar 2025	10.25	9.92	10.46	9.60	1.968 times
13 Thu Mar 2025	9.73	10.35	10.47	9.65	0.547 times
07 Fri Mar 2025	10.35	10.05	10.55	9.36	1.718 times
28 Fri Feb 2025	10.03	10.70	10.70	9.90	0.534 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 Rama Steel (RAMASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	10.25	10.05	10.55	9.36	0.765 times
28 Fri Feb 2025	10.03	11.91	12.07	9.90	0.333 times
31 Fri Jan 2025	12.05	12.19	13.45	10.90	1.426 times
31 Tue Dec 2024	12.04	12.29	14.20	11.85	0.956 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 Rama Steel (RAMASTEEL)

Price action analysis of Rama Steel ( (RAMASTEEL) ) 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 Rama Steel ( (RAMASTEEL) ) based on a short to mid 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 Rama Steel ( (RAMASTEEL) ) 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 Rama Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rama Steel 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.

Rama Steel 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 coming down

CCI has generated a buy signal for Rama Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rama Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.02 and Rama Steel (RAMASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Rama Steel (RAMASTEEL) stock. Volume based technical analysis of Rama Steel (RAMASTEEL) stock is negative.

Rama Steel 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.