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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 2024-10-17 View latest technical analysis

10 day averaged volume of Shree Rama is 42908

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	28.21	28.21	28.21	28.21	0.182 times
16 Wed Oct 2024	27.66	27.66	27.66	27.66	0.209 times
15 Tue Oct 2024	27.12	27.12	27.12	27.12	0.332 times
14 Mon Oct 2024	26.59	26.56	26.85	26.50	1.085 times
11 Fri Oct 2024	26.50	26.53	26.53	26.30	1.367 times
10 Thu Oct 2024	26.52	26.05	26.52	26.05	1.932 times
09 Wed Oct 2024	26.00	26.40	26.50	26.00	1.286 times
08 Tue Oct 2024	26.45	25.60	26.50	25.60	0.747 times
07 Mon Oct 2024	25.99	26.05	26.05	25.99	0.64 times
04 Fri Oct 2024	26.53	26.53	26.65	26.53	0.786 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28, but if it comes below 28, then a intra day sell could be more profitable.
If you take a sell trade below 28, then use 28 as stoploss and 27.22 as target. However if you take a buy trade in stock , then use 28 as stoploss and 29 as target.

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	23.00
Downside Target	25.24
Downside Target	26.46
Downside Target	28.15
Downside Target	28.21
Upside Target	28.74
Upside Target	29.96
Upside Target	30.09
Upside Target	32.80
Upside Target	32.90

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	27.07
Downside Intraday Target	25.93
Upside Intraday Target	28.78
Upside Intraday Target	29.35
Downside Intraday Target	27.64

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	28.21	26.56	28.21	26.50	0.303 times
11 Fri Oct 2024	26.50	26.05	26.53	25.60	1.052 times
04 Fri Oct 2024	26.53	26.47	27.23	26.46	1.302 times
27 Fri Sep 2024	27.00	27.75	28.74	26.99	1.266 times
20 Fri Sep 2024	28.19	29.96	29.96	27.62	0.165 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
17 Thu Oct 2024	28.21	26.70	28.21	25.60	0.246 times
30 Mon Sep 2024	26.70	31.50	32.90	26.46	1.818 times
30 Fri Aug 2024	30.00	27.82	30.09	25.24	0.437 times
31 Wed Jul 2024	27.82	28.00	32.80	26.75	2.405 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 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 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 Shree Rama ( (SHREERAMA_BE) ) based on a mid to longer 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.

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 but the buy signal is initial and weak.

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 stronger in this stock.

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 26.49 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 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 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.