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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 2024-09-23 View latest technical analysis

10 day averaged volume of Amara Raja is 390480

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	1.243 times
20 Fri Sep 2024	1381.10	1373.40	1408.00	1362.05	1.267 times
19 Thu Sep 2024	1373.40	1392.95	1406.60	1340.00	1.385 times
18 Wed Sep 2024	1391.75	1400.00	1411.70	1378.35	0.728 times
17 Tue Sep 2024	1400.00	1405.15	1420.00	1397.00	0.652 times
16 Mon Sep 2024	1405.15	1430.10	1434.00	1397.30	0.802 times
13 Fri Sep 2024	1410.55	1405.00	1440.20	1404.80	0.908 times
12 Thu Sep 2024	1402.45	1400.00	1415.00	1389.00	1.248 times
11 Wed Sep 2024	1400.00	1434.60	1434.80	1396.45	0.83 times
10 Tue Sep 2024	1424.30	1420.00	1453.00	1417.00	0.838 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1384.1, but if it comes above 1384.1, then a intra day buy could be more profitable.
If you take a sell trade below 1384.1, then use 1384.1 as stoploss and 1311.6 as target. However if you take a buy trade in stock , then use 1384.1 as stoploss and 1444.49 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1278.00
Downside Target	1340.00
Downside Target	1372.65
Upside Target	1458.55
Upside Target	1508.25
Upside Target	1530.00
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	1360.87
Downside Intraday Target	1346.53
Upside Intraday Target	1401.32
Upside Intraday Target	1427.43
Upside Intraday Target	1386.98

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	0.257 times
20 Fri Sep 2024	1381.10	1430.10	1434.00	1340.00	0.936 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

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
23 Mon Sep 2024	1375.20	1528.25	1530.00	1340.00	0.505 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 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 losing momentum.

MACD generated a SELL signal for Amara Raja in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Amara Raja in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1393.89 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.