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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 2024-08-26 View latest technical analysis

10 day averaged volume of Shree Rama is 34147

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	29.16	29.16	29.16	29.16	2.109 times
23 Fri Aug 2024	29.76	29.76	29.76	29.76	1.512 times
22 Thu Aug 2024	29.18	29.18	29.18	29.18	0.695 times
21 Wed Aug 2024	28.61	28.61	28.61	28.61	1.664 times
20 Tue Aug 2024	28.05	28.05	28.05	28.05	0.347 times
19 Mon Aug 2024	27.50	27.91	27.91	27.42	2.606 times
16 Fri Aug 2024	27.98	27.98	27.98	27.98	0.511 times
14 Wed Aug 2024	27.44	27.44	27.44	27.44	0.241 times
13 Tue Aug 2024	26.91	26.91	26.91	26.91	0.412 times
12 Mon Aug 2024	26.39	26.39	26.39	26.39	0.479 times

Stock of Shree Rama (SHREERAMA_BE) 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 28.7, but if it comes below 28.7, then a intra day sell could be more profitable.
If you take a sell trade below 28.7, then use 28.7 as stoploss and 27.47 as target. However if you take a buy trade in stock , then use 28.7 as stoploss and 30.1 as target.

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	23.00
Downside Target	24.00
Downside Target	25.24
Downside Target	26.39
Downside Target	28.15
Downside Target	28.95
Downside Target	29.16
Upside Target	29.76
Upside Target	30.00
Upside Target	32.80

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	29.16
Downside Intraday Target	29.16
Downside Intraday Target	29.16
Downside Intraday Target	29.16
Downside Intraday Target	29.16

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	29.16	29.16	29.16	29.16	0.309 times
23 Fri Aug 2024	29.76	27.91	29.76	27.42	4.155 times
16 Fri Aug 2024	27.98	26.39	27.98	26.39	0.329 times
09 Fri Aug 2024	25.88	26.46	26.90	25.24	0.826 times
02 Fri Aug 2024	27.00	28.42	28.95	27.00	1.348 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
26 Mon Aug 2024	29.16	27.82	29.76	25.24	0.244 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 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 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 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 Weak and stock is losing 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 coming down

CCI has generated a SELL signal for Shree Rama in short term but SELL signal is weak.

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 28.41 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.