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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 2024-03-27 View latest technical analysis

10 day averaged volume of Amara Raja is 796695

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	770.30	775.75	786.75	767.20	0.413 times
26 Tue Mar 2024	774.20	779.00	784.50	764.00	1.238 times
22 Fri Mar 2024	778.00	756.80	783.35	756.15	0.582 times
21 Thu Mar 2024	756.15	758.00	769.80	751.25	1.297 times
20 Wed Mar 2024	748.35	770.55	779.90	737.70	0.774 times
19 Tue Mar 2024	770.55	793.90	793.90	764.45	0.701 times
18 Mon Mar 2024	788.65	795.00	806.90	785.00	0.652 times
15 Fri Mar 2024	792.30	800.00	810.35	780.85	1 times
14 Thu Mar 2024	798.90	783.15	814.10	772.25	0.989 times
13 Wed Mar 2024	783.15	841.10	850.55	764.00	1.881 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 773.4, but if it comes above 773.4, then a intra day buy could be more profitable.
If you take a sell trade below 773.4, then use 773.4 as stoploss and 725.5 as target. However if you take a buy trade in stock , then use 773.4 as stoploss and 813.34 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	616.00
Downside Target	711.60
Downside Target	737.70
Downside Target	764.00
Upside Target	806.90
Upside Target	840.05
Upside Target	858.60
Upside Target	885.00
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	760.62
Downside Intraday Target	750.93
Upside Intraday Target	783.37
Upside Intraday Target	796.43
Upside Intraday Target	773.68

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	770.30	779.00	786.75	764.00	0.412 times
22 Fri Mar 2024	778.00	795.00	806.90	737.70	0.662 times
15 Fri Mar 2024	792.30	872.00	895.15	764.00	2.464 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

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
27 Wed Mar 2024	770.30	842.95	895.15	737.70	1.293 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 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 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 short 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 Amara Raja ( (ARENM) ) 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 Amara Raja ( (ARENM) ) based on a mid to longer 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.

ADX buy sell signal for Amara Raja stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Amara Raja in short term and the sell signal is strong.

Amara Raja Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Amara Raja in short term but BUY 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 776.65 and Amara Raja (ARENM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.