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 2024-06-11 View latest technical analysis

10 day averaged volume of Amara Raja is 4820652

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1365.05	1408.95	1420.00	1351.05	0.785 times
10 Mon Jun 2024	1400.25	1450.00	1538.60	1380.00	1.721 times
07 Fri Jun 2024	1401.15	1288.00	1448.70	1272.20	2.549 times
06 Thu Jun 2024	1277.50	1265.00	1333.00	1246.55	1.538 times
05 Wed Jun 2024	1217.40	1119.95	1233.95	1057.25	0.962 times
04 Tue Jun 2024	1082.30	1196.40	1197.95	1000.00	0.784 times
03 Mon Jun 2024	1196.40	1250.00	1250.00	1187.25	0.254 times
31 Fri May 2024	1181.35	1203.00	1225.00	1172.00	0.396 times
30 Thu May 2024	1190.05	1218.80	1242.00	1182.40	0.287 times
29 Wed May 2024	1213.15	1247.65	1278.00	1192.60	0.783 times

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 1403.9, for a target of 1297.7 or 1209.26

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	737.70
Downside Target	768.30
Downside Target	810.10
Downside Target	895.15
Downside Target	915.55
Downside Target	1000.00
Downside Target	1109.10
Downside Target	1168.00
Downside Target	1204.40
Downside Target	1238.00
Downside Target	1278.00
Downside Target	1351.05
Upside Target	1448.70
Upside Target	1538.60

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1297.87
Downside Intraday Target	1230.68
Upside Intraday Target	1485.42
Upside Intraday Target	1605.78
Upside Intraday Target	1418.23

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1365.05	1450.00	1538.60	1351.05	0.412 times
07 Fri Jun 2024	1401.15	1250.00	1448.70	1000.00	2.097 times
31 Fri May 2024	1181.35	1225.00	1278.00	1172.00	1.751 times
24 Fri May 2024	1210.15	1164.00	1238.00	1109.10	1.604 times
18 Sat May 2024	1158.40	1070.00	1168.00	1013.35	0.677 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
11 Tue Jun 2024	1365.05	1250.00	1538.60	1000.00	1.149 times
31 Fri May 2024	1181.35	1091.00	1278.00	1013.35	0.504 times
30 Tue Apr 2024	1099.70	773.00	1204.40	768.30	5.859 times
28 Thu Mar 2024	760.40	842.95	895.15	737.70	1.37 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 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 but buying is losing 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 1302.36 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.