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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)

10 day averaged volume of Rama Steel is 15135228

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	11.01	11.14	11.63	10.94	2.182 times
15 Thu May 2025	11.11	11.12	11.31	10.99	0.76 times
14 Wed May 2025	10.99	11.25	11.57	10.91	1.348 times
13 Tue May 2025	11.26	10.52	11.70	10.14	3.238 times
12 Mon May 2025	10.40	10.24	10.56	9.60	2.258 times
09 Fri May 2025	9.22	9.06	9.38	9.06	0.384 times
08 Thu May 2025	9.53	9.66	9.85	9.45	0.388 times
07 Wed May 2025	9.55	9.02	9.77	9.02	0.507 times
06 Tue May 2025	9.49	9.97	9.97	9.42	0.4 times
05 Mon May 2025	9.82	9.70	9.87	9.70	0.286 times

Stock of Rama Steel (RAMASTEEL) has showed a significant fall. This could be a good time to exit from 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 10.7, but if it comes below 10.7, then a intra day sell could be more profitable.
If you take a sell trade below 10.7, then use 10.7 as stoploss and 10.18 as target. However if you take a buy trade in stock , then use 10.7 as stoploss and 11.4 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
Downside Target	10.75
Downside Target	10.90
Upside Target	11.70
Upside Target	12.07
Upside Target	13.45

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	9.84
Downside Intraday Target	8.67
Upside Intraday Target	11.94
Upside Intraday Target	12.87
Downside Intraday Target	10.77

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	11.01	10.24	11.70	9.60	4.982 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rama Steel (RAMASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri May 2025	11.01	10.01	11.70	9.02	1.151 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

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 10.71 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.