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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 2024-03-28 View latest technical analysis

10 day averaged volume of Amara Raja is 759078

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	760.40	774.00	785.00	756.00	0.906 times
27 Wed Mar 2024	770.30	775.75	786.75	767.20	0.433 times
26 Tue Mar 2024	774.20	779.00	784.50	764.00	1.3 times
22 Fri Mar 2024	778.00	756.80	783.35	756.15	0.611 times
21 Thu Mar 2024	756.15	758.00	769.80	751.25	1.361 times
20 Wed Mar 2024	748.35	770.55	779.90	737.70	0.813 times
19 Tue Mar 2024	770.55	793.90	793.90	764.45	0.736 times
18 Mon Mar 2024	788.65	795.00	806.90	785.00	0.684 times
15 Fri Mar 2024	792.30	800.00	810.35	780.85	1.049 times
14 Thu Mar 2024	798.90	783.15	814.10	772.25	1.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 768.4, but if it comes above 768.4, then a intra day buy could be more profitable.
If you take a sell trade below 768.4, then use 768.4 as stoploss and 719 as target. However if you take a buy trade in stock , then use 768.4 as stoploss and 809.66 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	756.00
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	748.68
Downside Intraday Target	736.97
Upside Intraday Target	779.43
Upside Intraday Target	798.47
Upside Intraday Target	767.72

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	760.40	779.00	786.75	756.00	0.627 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
28 Thu Mar 2024	760.40	842.95	895.15	737.70	1.37 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 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 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 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 gaining 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 SELL signal for Amara Raja in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 773.57 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.