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 2024-10-03 View latest technical analysis

10 day averaged volume of Amara Raja is 674324

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1355.90	1379.95	1401.00	1350.05	1.411 times
01 Tue Oct 2024	1411.85	1438.00	1444.00	1398.30	1.195 times
30 Mon Sep 2024	1425.95	1398.00	1432.00	1351.00	2.006 times
27 Fri Sep 2024	1392.15	1324.00	1398.35	1317.20	1.817 times
26 Thu Sep 2024	1329.95	1365.50	1369.70	1325.00	1.152 times
25 Wed Sep 2024	1365.50	1371.15	1395.00	1353.00	0.566 times
24 Tue Sep 2024	1364.00	1388.80	1388.80	1361.50	0.586 times
23 Mon Sep 2024	1375.20	1401.00	1413.10	1372.65	0.72 times
20 Fri Sep 2024	1381.10	1373.40	1408.00	1362.05	0.734 times
19 Thu Sep 2024	1373.40	1392.95	1406.60	1340.00	0.802 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1367.1, but if it comes above 1367.1, then a intra day buy could be more profitable.
If you take a sell trade below 1367.1, then use 1367.1 as stoploss and 1334.6 as target. However if you take a buy trade in stock , then use 1367.1 as stoploss and 1394.29 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1317.20
Upside Target	1383.25
Upside Target	1444.00
Upside Target	1453.00
Upside Target	1458.55
Upside Target	1530.00
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	1322.63
Downside Intraday Target	1289.37
Upside Intraday Target	1416.58
Upside Intraday Target	1477.27
Upside Intraday Target	1383.32

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	1355.90	1398.00	1444.00	1350.05	0.953 times
27 Fri Sep 2024	1392.15	1401.00	1413.10	1317.20	1.729 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

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
03 Thu Oct 2024	1355.90	1438.00	1444.00	1350.05	0.147 times
30 Mon Sep 2024	1425.95	1528.25	1530.00	1317.20	0.771 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

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 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 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 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 BUY signal for Amara Raja in short term but the buy signal is initial and weak.

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 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 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 1383.2 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.