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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 2025-04-02 View latest technical analysis

10 day averaged volume of Rama Steel is 8227686

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	9.84	9.92	10.00	9.71	0.609 times
01 Tue Apr 2025	9.83	9.41	10.02	9.26	1.289 times
28 Fri Mar 2025	9.38	9.62	9.75	9.36	1.237 times
27 Thu Mar 2025	9.52	9.53	9.75	9.50	0.928 times
26 Wed Mar 2025	9.65	9.96	10.03	9.63	0.887 times
25 Tue Mar 2025	9.87	10.38	10.41	9.80	0.985 times
24 Mon Mar 2025	10.25	10.29	10.48	10.21	0.907 times
21 Fri Mar 2025	10.25	10.25	10.40	10.20	0.629 times
20 Thu Mar 2025	10.20	10.15	10.46	10.15	1.236 times
19 Wed Mar 2025	10.08	10.13	10.24	9.99	0.995 times

My analysis of stock is bearish for shortterm, and stock might move down till 9.7 or till 9.4. Use a stoploss of 9.93 and if the stock hits stoploss, then it can shoot up till 10.19

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	9.26
Downside Target	9.60
Upside Target	9.90
Upside Target	10.46
Upside Target	10.48
Upside Target	10.55
Upside Target	10.90
Upside Target	11.85
Upside Target	12.07
Upside Target	13.45
Upside Target	14.20

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	9.39
Downside Intraday Target	8.95
Upside Intraday Target	10.15
Upside Intraday Target	10.47
Downside Intraday Target	9.71

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	9.84	9.41	10.02	9.26	0.384 times
28 Fri Mar 2025	9.38	10.29	10.48	9.36	1.127 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

Price has moved up 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
02 Wed Apr 2025	9.84	9.41	10.02	9.26	0.121 times
28 Fri Mar 2025	9.38	10.05	10.55	9.36	1.031 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

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

Price action analysis of Rama Steel ( (RAMASTEEL) ) 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 Rama Steel ( (RAMASTEEL) ) based on a short to mid 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 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.

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. Bears are weakening, and bulls are picking up momentum!

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 Rama Steel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Rama Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.87 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.