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(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 2024-03-11 View latest technical analysis

10 day averaged volume of Amara Raja is 374867

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	881.70	872.00	895.15	864.00	2.76 times
07 Thu Mar 2024	869.35	845.05	885.00	845.05	2.058 times
06 Wed Mar 2024	847.70	854.80	857.35	840.05	1.019 times
05 Tue Mar 2024	850.35	847.95	859.85	845.00	1.195 times
04 Mon Mar 2024	847.95	851.65	857.80	842.35	0.949 times
02 Sat Mar 2024	848.75	847.00	850.00	834.50	0.082 times
01 Fri Mar 2024	846.30	842.95	848.95	840.50	0.548 times
29 Thu Feb 2024	838.95	833.50	843.00	817.10	1.142 times
28 Wed Feb 2024	834.10	835.00	843.90	828.05	0.795 times
27 Tue Feb 2024	834.35	843.10	850.00	830.00	1.546 times

Stock of Amara Raja (ARENM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 877.2, for a target of 862.7 or 850.6

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	616.00
Downside Target	711.60
Downside Target	771.65
Downside Target	810.10
Downside Target	858.60
Downside Target	878.90
Upside Target	885.00
Upside Target	887.25
Upside Target	895.15
Upside Target	900.00
Upside Target	915.55

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	865.42
Downside Intraday Target	849.13
Upside Intraday Target	896.57
Upside Intraday Target	911.43
Downside Intraday Target	880.28

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	881.70	872.00	895.15	864.00	0.529 times
07 Thu Mar 2024	869.35	851.65	885.00	840.05	1.092 times
02 Sat Mar 2024	848.75	857.00	858.60	817.10	0.894 times
23 Fri Feb 2024	855.10	865.85	887.25	828.70	1.287 times
16 Fri Feb 2024	862.65	870.70	878.90	810.10	0.72 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 Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	881.70	842.95	895.15	834.50	0.362 times
29 Thu Feb 2024	838.95	900.00	915.55	810.10	0.62 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

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 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 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Amara Raja 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Amara Raja is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 855.94 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.