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 2024-09-17 View latest technical analysis

10 day averaged volume of Amara Raja is 543521

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1400.00	1405.15	1420.00	1397.00	0.469 times
16 Mon Sep 2024	1405.15	1430.10	1434.00	1397.30	0.576 times
13 Fri Sep 2024	1410.55	1405.00	1440.20	1404.80	0.652 times
12 Thu Sep 2024	1402.45	1400.00	1415.00	1389.00	0.897 times
11 Wed Sep 2024	1400.00	1434.60	1434.80	1396.45	0.597 times
10 Tue Sep 2024	1424.30	1420.00	1453.00	1417.00	0.602 times
09 Mon Sep 2024	1411.45	1417.65	1424.65	1383.25	0.964 times
06 Fri Sep 2024	1417.65	1457.00	1467.90	1412.60	1.315 times
05 Thu Sep 2024	1447.50	1419.05	1482.85	1419.05	3.024 times
04 Wed Sep 2024	1487.15	1499.00	1518.85	1484.00	0.804 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1415.9, but if it comes above 1415.9, then a intra day buy could be more profitable.
If you take a sell trade below 1415.9, then use 1415.9 as stoploss and 1344.1 as target. However if you take a buy trade in stock , then use 1415.9 as stoploss and 1475.65 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1278.00
Downside Target	1383.25
Upside Target	1508.25
Upside Target	1524.10
Upside Target	1530.00
Upside Target	1583.80
Upside Target	1610.00
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	1386.67
Downside Intraday Target	1373.33
Upside Intraday Target	1423.67
Upside Intraday Target	1447.33
Upside Intraday Target	1410.33

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1400.00	1430.10	1434.00	1397.00	0.282 times
13 Fri Sep 2024	1410.55	1417.65	1453.00	1383.25	0.582 times
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

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
17 Tue Sep 2024	1400.00	1528.25	1530.00	1383.25	0.389 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1427.75 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.