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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 2025-03-26 View latest technical analysis

10 day averaged volume of Rama Steel is 6440603

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Mar 2025	9.65	9.96	10.03	9.63	1.134 times
25 Tue Mar 2025	9.87	10.38	10.41	9.80	1.258 times
24 Mon Mar 2025	10.25	10.29	10.48	10.21	1.159 times
21 Fri Mar 2025	10.25	10.25	10.40	10.20	0.803 times
20 Thu Mar 2025	10.20	10.15	10.46	10.15	1.579 times
19 Wed Mar 2025	10.08	10.13	10.24	9.99	1.271 times
18 Tue Mar 2025	9.93	9.80	10.02	9.69	1.159 times
17 Mon Mar 2025	9.68	9.92	9.92	9.60	0.795 times
13 Thu Mar 2025	9.73	9.97	10.01	9.65	0.662 times
12 Wed Mar 2025	9.89	9.91	10.04	9.86	0.531 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.8, but if it comes above 9.8, then a intra day buy could be more profitable.
If you take a sell trade below 9.8, then use 9.8 as stoploss and 9.5 as target. However if you take a buy trade in stock , then use 9.8 as stoploss and 10.02 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	9.36
Downside Target	9.60
Upside Target	9.90
Upside Target	10.46
Upside Target	10.70
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	9.36
Downside Intraday Target	9.07
Upside Intraday Target	10.21
Upside Intraday Target	10.77
Upside Intraday Target	9.92

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Mar 2025	9.65	10.29	10.48	9.63	0.633 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
26 Wed Mar 2025	9.65	10.05	10.55	9.36	0.888 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 down 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 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 Rama Steel ( (RAMASTEEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Rama Steel in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rama Steel 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 negative zone. This is the SELL 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 9.98 and Rama Steel (RAMASTEEL) stock is trading below this level. This means that stock is falling with high volumes. 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.