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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 2024-07-05 View latest technical analysis

10 day averaged volume of Amara Raja is 5207684

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1694.65	1689.95	1705.00	1677.70	0.13 times
04 Thu Jul 2024	1688.50	1708.90	1713.40	1685.15	0.178 times
03 Wed Jul 2024	1703.65	1693.00	1717.00	1661.25	0.236 times
02 Tue Jul 2024	1680.95	1717.00	1726.60	1672.20	0.317 times
01 Mon Jul 2024	1714.95	1660.00	1729.80	1621.75	0.599 times
28 Fri Jun 2024	1663.15	1600.00	1715.65	1581.20	0.762 times
27 Thu Jun 2024	1609.55	1667.00	1674.00	1600.00	0.507 times
26 Wed Jun 2024	1669.35	1662.00	1775.95	1652.00	2.534 times
25 Tue Jun 2024	1646.20	1480.85	1656.05	1480.85	4.087 times
24 Mon Jun 2024	1380.05	1409.05	1415.00	1372.00	0.213 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1661.6, but if it comes below 1661.6, then a intra day sell could be more profitable.
If you take a sell trade below 1661.6, then use 1661.6 as stoploss and 1510.97 as target. However if you take a buy trade in stock , then use 1661.6 as stoploss and 1842.3 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	737.70
Downside Target	768.30
Downside Target	895.15
Downside Target	1000.00
Downside Target	1204.40
Downside Target	1278.00
Downside Target	1321.00
Downside Target	1372.00
Downside Target	1448.70
Downside Target	1538.60
Downside Target	1621.75
Upside Target	1729.80
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1634.33
Downside Intraday Target	1574.02
Upside Intraday Target	1742.38
Upside Intraday Target	1790.12
Downside Intraday Target	1682.07

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1694.65	1660.00	1729.80	1621.75	0.18 times
28 Fri Jun 2024	1663.15	1409.05	1775.95	1372.00	3.51 times
21 Fri Jun 2024	1409.30	1341.10	1465.35	1339.05	0.693 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

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
05 Fri Jul 2024	1694.65	1660.00	1729.80	1621.75	0.075 times
28 Fri Jun 2024	1663.15	1250.00	1775.95	1000.00	2.8 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

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 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 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 losing momentum.

MACD generated a BUY signal for Amara Raja in short term and the buy signal is strong.

Amara Raja Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 1654.12 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.