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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 2024-08-05 View latest technical analysis

10 day averaged volume of Shree Rama is 35953

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	26.48	26.46	26.48	26.46	0.674 times
02 Fri Aug 2024	27.00	27.01	27.25	27.00	1.101 times
01 Thu Aug 2024	27.27	27.82	27.82	27.27	1.248 times
31 Wed Jul 2024	27.82	28.37	28.37	27.82	0.618 times
30 Tue Jul 2024	28.39	28.95	28.95	28.00	2.123 times
29 Mon Jul 2024	28.39	28.42	28.42	28.00	0.652 times
26 Fri Jul 2024	27.87	27.87	27.87	27.85	0.358 times
25 Thu Jul 2024	27.33	27.05	27.33	27.05	0.93 times
24 Wed Jul 2024	26.80	26.80	27.00	26.80	1.008 times
23 Tue Jul 2024	26.88	26.99	26.99	26.75	0.856 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.9, but if it comes above 26.9, then a intra day buy could be more profitable.
If you take a sell trade below 26.9, then use 26.9 as stoploss and 25 as target. However if you take a buy trade in stock , then use 26.9 as stoploss and 28.38 as target.

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	23.00
Downside Target	24.00
Downside Target	26.46
Upside Target	27.82
Upside Target	27.87
Upside Target	28.15
Upside Target	28.95
Upside Target	29.24
Upside Target	30.00
Upside Target	32.80

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	26.47
Downside Intraday Target	26.45
Upside Intraday Target	26.49
Upside Intraday Target	26.49
Downside Intraday Target	26.47

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	26.48	26.46	26.48	26.46	0.117 times
02 Fri Aug 2024	27.00	28.42	28.95	27.00	1.348 times
26 Fri Jul 2024	27.87	27.00	27.87	26.75	1.232 times
19 Fri Jul 2024	27.50	29.24	29.24	27.50	0.078 times
12 Fri Jul 2024	29.84	28.30	32.80	27.25	2.945 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 Shree Rama (SHREERAMA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	26.48	27.82	27.82	26.46	0.043 times
31 Wed Jul 2024	27.82	28.00	32.80	26.75	2.405 times
28 Fri Jun 2024	27.45	24.40	28.15	23.00	0.524 times
31 Fri May 2024	24.10	24.15	30.00	24.00	2.373 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 Shree Rama (SHREERAMA_BE)

Price action analysis of Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama ( (SHREERAMA_BE) ) based on a mid to longer 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.

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

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

Shree Rama 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 Shree Rama in short term and SELL signal is strong!

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 Shree Rama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.49 and Shree Rama (SHREERAMA_BE) 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 Shree Rama (SHREERAMA_BE) stock. Volume based technical analysis of Shree Rama (SHREERAMA_BE) stock is negative.

Shree Rama 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.