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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 2024-06-14 View latest technical analysis

10 day averaged volume of Amara Raja is 4712198

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	1339.05	1345.90	1356.90	1321.00	0.317 times
13 Thu Jun 2024	1340.65	1354.00	1363.95	1335.00	0.29 times
12 Wed Jun 2024	1342.45	1373.00	1392.00	1336.00	0.513 times
11 Tue Jun 2024	1365.05	1408.95	1420.00	1351.05	0.803 times
10 Mon Jun 2024	1400.25	1450.00	1538.60	1380.00	1.76 times
07 Fri Jun 2024	1401.15	1288.00	1448.70	1272.20	2.608 times
06 Thu Jun 2024	1277.50	1265.00	1333.00	1246.55	1.574 times
05 Wed Jun 2024	1217.40	1119.95	1233.95	1057.25	0.985 times
04 Tue Jun 2024	1082.30	1196.40	1197.95	1000.00	0.802 times
03 Mon Jun 2024	1196.40	1250.00	1250.00	1187.25	0.26 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1333, but if it comes below 1333, then a intra day sell could be more profitable.
If you take a sell trade below 1333, then use 1333 as stoploss and 1239.79 as target. However if you take a buy trade in stock , then use 1333 as stoploss and 1444.8 as target.

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	1321.00
Upside Target	1448.70
Upside Target	1538.60

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1260.5
Downside Intraday Target	1181.95
Upside Intraday Target	1478.1
Upside Intraday Target	1617.15
Upside Intraday Target	1399.55

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	1339.05	1450.00	1538.60	1321.00	0.591 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
14 Fri Jun 2024	1339.05	1250.00	1538.60	1000.00	1.296 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Amara Raja ( (ARENM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

Amara Raja Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below 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 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 1322.21 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.