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(SHREERAMA_BE) Shree Rama complete technical analysis [charts+indicators] | Buy/Sell Shree Rama | (SHREERAMA_BE) share price targets

Complete technical analysis of Shree Rama (SHREERAMA_BE) by charts plus indicators, forecast predictions and share price targets for Shree Rama (SHREERAMA_BE)

Showing technical analysis as on 2024-06-24 View latest technical analysis

10 day averaged volume of Shree Rama is 38640

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	26.95	26.95	26.95	26.95	1.062 times
21 Fri Jun 2024	26.43	26.43	26.43	26.43	0.5 times
20 Thu Jun 2024	25.92	25.92	25.92	25.92	0.589 times
19 Wed Jun 2024	25.42	25.42	25.42	25.42	0.819 times
18 Tue Jun 2024	24.93	24.93	24.93	24.90	0.926 times
14 Fri Jun 2024	24.45	24.45	24.45	24.45	0.245 times
13 Thu Jun 2024	23.98	23.51	23.98	23.51	0.58 times
12 Wed Jun 2024	23.51	23.45	23.51	23.45	1.107 times
11 Tue Jun 2024	23.05	23.10	23.15	23.00	3.029 times
10 Mon Jun 2024	23.10	23.50	23.50	23.10	1.397 times

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 27.1, for a target of 25.7 or 24.52

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	21.50
Downside Target	23.00
Downside Target	24.00
Downside Target	26.35
Downside Target	26.60
Downside Target	26.95
Upside Target	27.65
Upside Target	28.40
Upside Target	30.00
Upside Target	33.50

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	26.95
Downside Intraday Target	26.95
Downside Intraday Target	26.95
Downside Intraday Target	26.95
Downside Intraday Target	26.95

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	26.95	26.95	26.95	26.95	0.374 times
21 Fri Jun 2024	26.43	24.93	26.43	24.90	0.446 times
14 Fri Jun 2024	24.45	23.50	24.45	23.00	1.47 times
07 Fri Jun 2024	23.50	24.40	24.40	23.00	1.143 times
31 Fri May 2024	24.10	26.60	26.60	24.10	0.79 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 Shree Rama (SHREERAMA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	26.95	24.40	26.95	23.00	0.281 times
31 Fri May 2024	24.10	24.15	30.00	24.00	2.373 times
30 Tue Apr 2024	23.70	23.00	27.65	23.00	0.546 times
28 Thu Mar 2024	23.55	28.05	28.40	21.50	0.516 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 Shree Rama (SHREERAMA_BE)

Price action analysis of Shree Rama ( (SHREERAMA_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shree Rama ( (SHREERAMA_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 Shree Rama ( (SHREERAMA_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shree Rama ( (SHREERAMA_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 Shree Rama stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shree Rama 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.

Shree Rama 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shree Rama in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shree Rama is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.29 and Shree Rama (SHREERAMA_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 Shree Rama (SHREERAMA_BE) stock. Volume based technical analysis of Shree Rama (SHREERAMA_BE) stock is negative.

Shree Rama 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.