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 2024-06-20 View latest technical analysis

10 day averaged volume of Amara Raja is 4835521

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	1401.00	1401.20	1432.00	1382.75	0.5 times
19 Wed Jun 2024	1398.55	1381.90	1418.00	1355.00	0.663 times
18 Tue Jun 2024	1370.90	1341.10	1418.00	1339.05	0.714 times
14 Fri Jun 2024	1339.05	1345.90	1356.90	1321.00	0.309 times
13 Thu Jun 2024	1340.65	1354.00	1363.95	1335.00	0.283 times
12 Wed Jun 2024	1342.45	1373.00	1392.00	1336.00	0.5 times
11 Tue Jun 2024	1365.05	1408.95	1420.00	1351.05	0.782 times
10 Mon Jun 2024	1400.25	1450.00	1538.60	1380.00	1.715 times
07 Fri Jun 2024	1401.15	1288.00	1448.70	1272.20	2.541 times
06 Thu Jun 2024	1277.50	1265.00	1333.00	1246.55	1.534 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1373.8, but if it comes below 1373.8, then a intra day sell could be more profitable.
If you take a sell trade below 1373.8, then use 1373.8 as stoploss and 1275.54 as target. However if you take a buy trade in stock , then use 1373.8 as stoploss and 1491.7 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	1172.00
Downside Target	1204.40
Downside Target	1238.00
Downside Target	1278.00
Downside Target	1321.00
Upside Target	1432.00
Upside Target	1448.70
Upside Target	1538.60

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1349.37
Downside Intraday Target	1297.73
Upside Intraday Target	1442.32
Upside Intraday Target	1483.63
Downside Intraday Target	1390.68

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	1401.00	1341.10	1432.00	1339.05	0.523 times
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

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
20 Thu Jun 2024	1401.00	1250.00	1538.60	1000.00	1.548 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, and volume has increased substantially. This means that the move can 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 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 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 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 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 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 1368.82 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.