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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 2025-06-24 View latest technical analysis

10 day averaged volume of Rama Steel is 31708438

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Jun 2025	12.03	12.10	12.28	12.00	0.448 times
23 Mon Jun 2025	11.95	12.20	12.24	11.86	0.478 times
20 Fri Jun 2025	12.30	12.16	12.76	12.05	1.056 times
19 Thu Jun 2025	12.12	12.46	12.56	12.02	0.598 times
18 Wed Jun 2025	12.39	12.60	12.69	12.26	0.591 times
17 Tue Jun 2025	12.54	12.94	13.02	12.40	0.563 times
16 Mon Jun 2025	12.96	13.26	13.33	12.78	0.906 times
13 Fri Jun 2025	13.15	12.76	13.30	12.51	1.258 times
12 Thu Jun 2025	13.09	13.56	13.64	12.88	0.889 times
11 Wed Jun 2025	13.56	13.80	13.92	13.33	1.317 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.7 as stoploss in an intra day buy trade for a target of 12.47. However, stock will show a bearish move below 11.7.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	8.50
Downside Target	9.02
Downside Target	9.36
Downside Target	9.90
Downside Target	10.55
Downside Target	11.03
Downside Target	11.75
Upside Target	12.28
Upside Target	12.51
Upside Target	13.33
Upside Target	14.60
Upside Target	14.90

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	11.83
Downside Intraday Target	11.64
Upside Intraday Target	12.25
Upside Intraday Target	12.48
Upside Intraday Target	12.06

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Jun 2025	12.03	12.20	12.28	11.86	0.249 times
20 Fri Jun 2025	12.30	13.26	13.33	12.02	0.391 times
13 Fri Jun 2025	13.15	14.14	14.60	12.51	0.679 times
06 Fri Jun 2025	13.79	11.03	14.90	11.03	7.688 times
30 Fri May 2025	11.66	11.03	11.75	10.77	0.64 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 Tue Jun 2025	12.03	11.03	14.90	11.03	2.686 times
30 Fri May 2025	11.66	10.01	11.75	9.02	2.075 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 mid to longer 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.

ADX buy sell signal for Rama Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Rama Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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

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 12.77 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 positive

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