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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 2025-04-21 View latest technical analysis

10 day averaged volume of Rama Steel is 5127465

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	10.18	10.00	10.75	9.86	3.304 times
17 Thu Apr 2025	9.85	9.72	9.98	9.67	0.935 times
16 Wed Apr 2025	9.76	9.78	9.84	9.65	0.887 times
15 Tue Apr 2025	9.74	9.47	9.81	9.40	1.207 times
11 Fri Apr 2025	9.28	9.70	9.70	9.16	1.291 times
09 Wed Apr 2025	9.20	9.40	9.48	9.11	0.603 times
08 Tue Apr 2025	9.37	9.50	9.65	9.32	0.765 times
07 Mon Apr 2025	9.26	8.74	9.49	8.50	1.533 times
04 Fri Apr 2025	9.63	9.96	9.96	9.57	0.782 times
03 Thu Apr 2025	9.96	9.75	9.99	9.65	1.019 times

Stock of Rama Steel (RAMASTEEL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.1, but if it comes below 10.1, then a intra day sell could be more profitable.
If you take a sell trade below 10.1, then use 10.1 as stoploss and 9.76 as target. However if you take a buy trade in stock , then use 10.1 as stoploss and 10.5 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	8.50
Downside Target	9.26
Downside Target	9.70
Upside Target	10.48
Upside Target	10.55
Upside Target	10.75
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	9.78
Downside Intraday Target	9.37
Upside Intraday Target	10.67
Upside Intraday Target	11.15
Upside Intraday Target	10.26

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	10.18	10.00	10.75	9.86	1.09 times
17 Thu Apr 2025	9.85	9.47	9.98	9.40	0.723 times
11 Fri Apr 2025	9.28	8.74	9.70	8.50	0.865 times
04 Fri Apr 2025	9.63	9.41	10.02	9.26	0.611 times
28 Fri Mar 2025	9.38	10.29	10.48	9.36	1.127 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
21 Mon Apr 2025	10.18	9.41	10.75	8.50	0.613 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 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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

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 9.72 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.