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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 2024-10-30 View latest technical analysis

10 day averaged volume of Shree Rama is 78192

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	28.57	28.30	28.57	27.45	1.841 times
29 Tue Oct 2024	27.21	25.75	27.21	25.75	1.091 times
28 Mon Oct 2024	25.92	25.50	26.45	25.30	0.62 times
25 Fri Oct 2024	25.91	27.30	27.30	25.51	1.868 times
24 Thu Oct 2024	26.85	26.17	27.40	26.17	0.846 times
23 Wed Oct 2024	27.27	26.70	28.00	25.96	2.098 times
22 Tue Oct 2024	27.33	29.00	29.00	27.33	1.222 times
21 Mon Oct 2024	28.77	29.03	29.80	28.25	1.773 times
18 Fri Oct 2024	28.77	28.77	28.77	28.77	0.267 times
17 Thu Oct 2024	28.21	28.21	28.21	28.21	0.1 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 27.06 as target. However if you take a buy trade in stock , then use 28 as stoploss and 29.1 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	28.57
Upside Target	28.77
Upside Target	29.80
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	26.39
Downside Intraday Target	24.21
Upside Intraday Target	29.66
Upside Intraday Target	30.75
Downside Intraday Target	27.48

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	28.57	25.50	28.57	25.30	0.455 times
25 Fri Oct 2024	25.91	29.03	29.80	25.51	6.197 times
18 Fri Oct 2024	28.77	26.56	28.77	26.50	0.385 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

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
30 Wed Oct 2024	28.57	26.70	29.80	25.30	0.698 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shree Rama stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 27.43 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.