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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 2024-10-31 View latest technical analysis

10 day averaged volume of Amara Raja is 775063

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1390.60	1357.30	1397.85	1340.40	0.754 times
30 Wed Oct 2024	1356.25	1337.80	1363.60	1323.35	0.534 times
29 Tue Oct 2024	1329.75	1342.00	1364.40	1310.00	1.197 times
28 Mon Oct 2024	1321.45	1266.65	1363.45	1260.00	3.794 times
25 Fri Oct 2024	1241.80	1270.00	1270.00	1218.85	0.768 times
24 Thu Oct 2024	1263.60	1274.20	1288.00	1260.05	0.333 times
23 Wed Oct 2024	1274.20	1274.50	1298.00	1232.20	0.764 times
22 Tue Oct 2024	1260.50	1325.00	1328.00	1254.05	1.453 times
21 Mon Oct 2024	1330.25	1356.00	1358.00	1328.00	0.303 times
18 Fri Oct 2024	1342.35	1368.80	1378.00	1338.70	0.459 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1394.3 as stoploss in an intra day sell trade for a target of 1344.27. However, stock will show a bullish move above 1394.3.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1000.00
Downside Target	1218.85
Downside Target	1260.00
Downside Target	1297.00
Upside Target	1397.85
Upside Target	1444.00
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	1301.12
Downside Intraday Target	1211.63
Upside Intraday Target	1438.97
Upside Intraday Target	1487.33
Downside Intraday Target	1349.48

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1390.60	1266.65	1397.85	1260.00	1.734 times
25 Fri Oct 2024	1241.80	1356.00	1358.00	1218.85	1.558 times
18 Fri Oct 2024	1342.35	1407.00	1414.90	1338.70	0.482 times
11 Fri Oct 2024	1406.90	1382.00	1422.55	1297.00	0.985 times
04 Fri Oct 2024	1379.60	1398.00	1444.00	1335.00	1.163 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Amara Raja (ARENM)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1390.60	1438.00	1444.00	1218.85	1.306 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Amara Raja in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 1310.62 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.