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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 2024-09-06 View latest technical analysis

10 day averaged volume of Amara Raja is 570150

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	1417.65	1457.00	1467.90	1412.60	1.253 times
05 Thu Sep 2024	1447.50	1419.05	1482.85	1419.05	2.883 times
04 Wed Sep 2024	1487.15	1499.00	1518.85	1484.00	0.767 times
03 Tue Sep 2024	1509.40	1502.00	1527.95	1495.50	0.543 times
02 Mon Sep 2024	1503.85	1528.25	1530.00	1500.00	0.637 times
30 Fri Aug 2024	1521.25	1522.00	1537.75	1518.00	0.741 times
29 Thu Aug 2024	1520.45	1539.80	1548.95	1510.60	0.688 times
28 Wed Aug 2024	1535.60	1569.95	1576.80	1530.00	0.891 times
27 Tue Aug 2024	1571.65	1514.90	1610.00	1508.25	1.713 times
26 Mon Aug 2024	1514.90	1536.80	1536.80	1510.05	0.515 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1436.3, for a target of 1485.7 or 1526.85

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1278.00
Downside Target	1404.00
Upside Target	1458.55
Upside Target	1508.25
Upside Target	1583.80
Upside Target	1604.95
Upside Target	1610.00
Upside Target	1638.95
Upside Target	1666.00
Upside Target	1745.00
Upside Target	1775.95

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1376.83
Downside Intraday Target	1336.02
Upside Intraday Target	1494.23
Upside Intraday Target	1570.82
Upside Intraday Target	1453.42

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	1417.65	1528.25	1530.00	1412.60	1.338 times
30 Fri Aug 2024	1521.25	1536.80	1610.00	1508.25	1.392 times
23 Fri Aug 2024	1527.35	1574.25	1583.80	1524.10	0.454 times
16 Fri Aug 2024	1561.00	1538.00	1638.95	1516.20	0.743 times
09 Fri Aug 2024	1505.80	1580.00	1604.95	1458.55	1.506 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
06 Fri Sep 2024	1417.65	1528.25	1530.00	1412.60	0.223 times
30 Fri Aug 2024	1521.25	1650.70	1666.00	1458.55	0.645 times
31 Wed Jul 2024	1626.30	1660.00	1745.00	1404.00	0.239 times
28 Fri Jun 2024	1663.15	1250.00	1775.95	1000.00	2.8 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 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 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 neutral. A longer time frame might give a better analysis.

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 getting stronger in this stock.

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 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 1493.89 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.