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(RICOAUTO) Rico Auto complete technical analysis [charts+indicators] | Buy/Sell Rico Auto | (RICOAUTO) share price targets

Complete technical analysis of Rico Auto (RICOAUTO) by charts plus indicators, forecast predictions and share price targets for Rico Auto (RICOAUTO)

Rico Auto trades in NSE in Auto Parts & Equipment sector.

10 day averaged volume of Rico Auto is 2466340

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	132.45	131.30	134.50	129.00	0.698 times
18 Thu Apr 2024	133.80	137.30	139.90	132.80	0.537 times
16 Tue Apr 2024	135.95	136.05	140.50	134.05	0.861 times
15 Mon Apr 2024	137.30	136.70	139.30	131.15	1.257 times
12 Fri Apr 2024	141.55	139.95	146.50	139.70	1.054 times
10 Wed Apr 2024	140.00	143.50	144.90	138.80	0.509 times
09 Tue Apr 2024	142.85	145.85	148.40	141.80	0.46 times
08 Mon Apr 2024	145.05	151.10	153.90	141.50	0.702 times
05 Fri Apr 2024	150.30	150.55	155.00	149.00	0.869 times
04 Thu Apr 2024	150.85	153.60	153.90	149.50	0.844 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 135.8, but if it comes above 135.8, then a intra day buy could be more profitable.
If you take a sell trade below 135.8, then use 135.8 as stoploss and 128.4 as target. However if you take a buy trade in stock , then use 135.8 as stoploss and 141.97 as target.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	82.10
Downside Target	85.10
Downside Target	94.90
Downside Target	103.45
Downside Target	106.40
Downside Target	109.50
Downside Target	127.50
Upside Target	136.55
Upside Target	150.50
Upside Target	153.90
Upside Target	154.00
Upside Target	157.00

Intraday share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Intraday Target	127.47
Downside Intraday Target	122.48
Upside Intraday Target	138.97
Upside Intraday Target	145.48
Upside Intraday Target	133.98

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	132.45	136.70	140.50	129.00	1.23 times
12 Fri Apr 2024	141.55	151.10	153.90	138.80	0.401 times
05 Fri Apr 2024	150.30	146.90	157.00	137.10	1.199 times
28 Thu Mar 2024	145.10	143.40	154.00	136.55	0.453 times
22 Fri Mar 2024	143.90	133.40	150.50	127.50	0.577 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 Rico Auto (RICOAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	132.45	146.90	157.00	129.00	0.161 times
28 Thu Mar 2024	145.10	104.60	154.00	103.45	4.153 times
29 Thu Feb 2024	103.25	102.60	109.50	85.10	1.085 times
31 Wed Jan 2024	101.80	86.55	106.40	85.65	3.253 times

Scroll below to view daily charts

Price has moved down 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 Rico Auto (RICOAUTO)

Price action analysis of Rico Auto ( (RICOAUTO) ) 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 Rico Auto ( (RICOAUTO) ) 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 Rico Auto ( (RICOAUTO) ) 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 Rico Auto stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Rico Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rico Auto in short term and SELL 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 Rico Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 141.17 and Rico Auto (RICOAUTO) 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 Rico Auto (RICOAUTO) stock. Volume based technical analysis of Rico Auto (RICOAUTO) stock is negative.

Rico Auto 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.