Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ARENM) Amara Raja complete technical analysis [charts+indicators] | Buy/Sell Amara Raja | (ARENM) share price targets

Complete technical analysis of Amara Raja (ARENM) by charts plus indicators, forecast predictions and share price targets for Amara Raja (ARENM)

Showing technical analysis as on 2024-02-06 View latest technical analysis

10 day averaged volume of Amara Raja is 834883

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	887.35	891.00	915.00	884.95	0.661 times
05 Mon Feb 2024	890.80	903.90	915.55	886.05	0.761 times
02 Fri Feb 2024	895.30	885.10	903.55	876.30	0.941 times
01 Thu Feb 2024	880.30	900.00	900.00	875.05	1.01 times
31 Wed Jan 2024	889.05	842.00	900.00	840.25	3.657 times
30 Tue Jan 2024	838.20	840.00	848.00	829.80	0.698 times
29 Mon Jan 2024	837.95	814.70	841.50	813.95	1.008 times
25 Thu Jan 2024	813.10	804.70	816.00	802.05	0.638 times
24 Wed Jan 2024	799.70	790.05	804.90	777.85	0.475 times
23 Tue Jan 2024	790.05	818.45	818.45	787.50	0.551 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 865.8, but if it comes below 865.8, then a intra day sell could be more profitable.
If you take a sell trade below 865.8, then use 865.8 as stoploss and 830.1 as target. However if you take a buy trade in stock , then use 865.8 as stoploss and 908.7 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	609.00
Downside Target	644.00
Downside Target	711.60
Downside Target	771.65
Downside Target	813.95
Downside Target	840.00
Downside Target	875.05
Downside Target	884.95
Upside Target	900.00
Upside Target	903.55
Upside Target	915.55

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	876.35
Downside Intraday Target	865.35
Upside Intraday Target	906.95
Upside Intraday Target	926.55
Upside Intraday Target	895.95

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	887.35	903.90	915.55	884.95	0.194 times
02 Fri Feb 2024	895.30	814.70	903.55	813.95	3.798 times
25 Thu Jan 2024	813.10	819.50	819.75	777.85	0.548 times
19 Fri Jan 2024	817.00	813.00	824.80	771.65	1.216 times
12 Fri Jan 2024	802.45	840.00	840.00	791.25	0.819 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 Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	887.35	900.00	915.55	875.05	0.196 times
31 Wed Jan 2024	889.05	819.65	900.00	771.65	0.59 times
29 Fri Dec 2023	816.00	716.20	831.00	716.00	2.02 times
30 Thu Nov 2023	710.05	628.00	711.60	616.00	10.747 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 Amara Raja (ARENM)

Price action analysis of Amara Raja ( (ARENM) ) 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 Amara Raja ( (ARENM) ) based on a short to mid 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 Amara Raja ( (ARENM) ) 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 Amara Raja stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Amara Raja 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.

Amara Raja 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Amara Raja in short term but SELL signal is weak.

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 Amara Raja is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 866.44 and Amara Raja (ARENM) 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 Amara Raja (ARENM) stock. Volume based technical analysis of Amara Raja (ARENM) stock is negative.

Amara Raja 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.