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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 2025-05-12 View latest technical analysis

10 day averaged volume of Rama Steel is 7423394

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	10.40	10.24	10.56	9.60	4.604 times
09 Fri May 2025	9.22	9.06	9.38	9.06	0.783 times
08 Thu May 2025	9.53	9.66	9.85	9.45	0.79 times
07 Wed May 2025	9.55	9.02	9.77	9.02	1.033 times
06 Tue May 2025	9.49	9.97	9.97	9.42	0.816 times
05 Mon May 2025	9.82	9.70	9.87	9.70	0.582 times
02 Fri May 2025	9.82	10.01	10.07	9.66	0.881 times
30 Wed Apr 2025	9.82	10.00	10.13	9.78	1.013 times
29 Tue Apr 2025	9.94	10.18	10.35	9.75	1.769 times
28 Mon Apr 2025	10.09	10.27	10.28	10.01	0.603 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 10.3, but if it comes below 10.3, then a intra day sell could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 9.86 as target. However if you take a buy trade in stock , then use 10.3 as stoploss and 10.7 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	8.50
Downside Target	9.02
Downside Target	9.36
Downside Target	9.60
Downside Target	9.86
Downside Target	10.35
Upside Target	10.56
Upside Target	10.75
Upside Target	10.90
Upside Target	12.07
Upside Target	13.45

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	9.81
Downside Intraday Target	9.23
Upside Intraday Target	10.77
Upside Intraday Target	11.15
Downside Intraday Target	10.19

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	10.40	10.24	10.56	9.60	1.15 times
09 Fri May 2025	9.22	9.70	9.97	9.02	0.939 times
02 Fri May 2025	9.82	10.27	10.35	9.66	0.432 times
25 Fri Apr 2025	10.30	10.00	10.75	9.86	4.713 times
17 Thu Apr 2025	9.85	9.47	9.98	9.40	0.723 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
12 Mon May 2025	10.40	10.01	10.56	9.02	0.44 times
30 Wed Apr 2025	9.82	9.41	10.75	8.50	1.245 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

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 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 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 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 9.96 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.