(RAMASTEEL_BE) Rama Steel complete technical analysis [charts+indicators] | Buy/Sell Rama Steel | (RAMASTEEL_BE) share price targets
Complete technical analysis of Rama Steel (RAMASTEEL_BE) by charts plus indicators, forecast predictions and share price targets for Rama Steel (RAMASTEEL_BE)
10 day averaged volume of Rama Steel is 41803
Date | Daily Closing Price | Open | High | Low | Volume |
11 Mon Oct 2021 | 280.35 | 280.35 | 280.35 | 277.00 | 2.091 times |
08 Fri Oct 2021 | 267.00 | 262.00 | 267.00 | 262.00 | 2.765 times |
07 Thu Oct 2021 | 254.30 | 247.20 | 256.00 | 246.50 | 1.761 times |
06 Wed Oct 2021 | 246.40 | 247.20 | 247.20 | 240.00 | 1.787 times |
05 Tue Oct 2021 | 243.20 | 245.00 | 246.50 | 235.00 | 0.667 times |
04 Mon Oct 2021 | 242.50 | 249.95 | 249.95 | 240.00 | 0.426 times |
01 Fri Oct 2021 | 245.05 | 251.00 | 251.00 | 243.50 | 0.675 times |
30 Thu Sep 2021 | 244.55 | 244.40 | 254.20 | 243.00 | 0.914 times |
29 Wed Sep 2021 | 242.20 | 248.80 | 248.80 | 239.15 | 0.283 times |
28 Tue Sep 2021 | 245.10 | 247.00 | 250.00 | 239.00 | 0.255 times |
Stock of Rama Steel (RAMASTEEL_BE) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 270.6, for a target of 259.4 or 250.09
Share price targets for Rama Steel (RAMASTEEL_BE)
Target Type | Value |
Downside Target | 67.55 |
Downside Target | 82.00 |
Downside Target | 130.85 |
Downside Target | 180.35 |
Downside Target | 189.35 |
Downside Target | 222.35 |
Downside Target | 229.20 |
Downside Target | 235.00 |
Downside Target | 255.00 |
Downside Target | 262.00 |
Downside Target | 268.00 |
Downside Target | 277.00 |
Downside Target | 280.35 |
Intraday share price targets for Rama Steel (RAMASTEEL_BE)
Target Type | Value |
Downside Intraday Target | 278.12 |
Downside Intraday Target | 275.88 |
Upside Intraday Target | 281.47 |
Upside Intraday Target | 282.58 |
Downside Intraday Target | 279.23 |
Weekly technical analysis of Rama Steel (RAMASTEEL_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Mon Oct 2021 | 280.35 | 280.35 | 280.35 | 277.00 | 0.282 times |
08 Fri Oct 2021 | 267.00 | 249.95 | 267.00 | 235.00 | 2.857 times |
01 Fri Oct 2021 | 245.05 | 253.95 | 255.00 | 239.00 | 0.313 times |
24 Fri Sep 2021 | 247.25 | 256.10 | 262.00 | 237.00 | 0.562 times |
17 Fri Sep 2021 | 256.05 | 238.70 | 268.00 | 229.20 | 4.323 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_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
11 Mon Oct 2021 | 280.35 | 251.00 | 280.35 | 235.00 | 0.328 times |
30 Thu Sep 2021 | 244.55 | 245.00 | 268.00 | 222.35 | 0.588 times |
31 Tue Aug 2021 | 238.95 | 189.35 | 265.90 | 189.35 | 3.101 times |
30 Fri Jul 2021 | 180.35 | 138.80 | 180.35 | 130.85 | 2.511 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_BE)
Price action analysis of Rama Steel ( (RAMASTEEL_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 stronger in this stock.
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
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 257.92 and Rama Steel (RAMASTEEL_BE) 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_BE) stock. Volume based technical analysis of Rama Steel (RAMASTEEL_BE) 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.
Price action analysis of Rama Steel ( (RAMASTEEL_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 stronger in this stock.
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
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 257.92 and Rama Steel (RAMASTEEL_BE) 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_BE) stock. Volume based technical analysis of Rama Steel (RAMASTEEL_BE) 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.
Click here for Rama Steel charts
Click here for further forecast and predictions for tomorrow
Daily charts
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