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)

10 day averaged volume of Amara Raja is 602235

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	1247.80	1230.00	1278.35	1230.00	0.877 times
18 Mon Nov 2024	1224.75	1259.25	1275.60	1221.00	0.762 times
14 Thu Nov 2024	1255.60	1254.80	1269.95	1245.00	0.59 times
13 Wed Nov 2024	1246.40	1280.00	1304.45	1238.00	0.937 times
12 Tue Nov 2024	1269.65	1289.90	1305.00	1263.00	0.644 times
11 Mon Nov 2024	1287.85	1300.00	1304.60	1276.60	0.679 times
08 Fri Nov 2024	1303.45	1315.05	1324.75	1294.00	0.661 times
07 Thu Nov 2024	1311.25	1331.90	1338.10	1308.40	0.837 times
06 Wed Nov 2024	1331.70	1337.10	1344.65	1324.05	1.043 times
05 Tue Nov 2024	1319.55	1369.05	1374.00	1310.15	2.798 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1249.8, but if it comes above 1249.8, then a intra day buy could be more profitable.
If you take a sell trade below 1249.8, then use 1249.8 as stoploss and 1188.5 as target. However if you take a buy trade in stock , then use 1249.8 as stoploss and 1300.79 as target.

Share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Target	1218.85
Upside Target	1358.00
Upside Target	1404.00
Upside Target	1409.00
Upside Target	1422.00
Upside Target	1444.00
Upside Target	1458.55
Upside Target	1530.00
Upside Target	1666.00
Upside Target	1745.00

Intraday share price targets for Amara Raja (ARENM)

Target Type	Value
Downside Intraday Target	1219.75
Downside Intraday Target	1191.7
Upside Intraday Target	1277.1
Upside Intraday Target	1306.4
Upside Intraday Target	1249.05

Weekly technical analysis of Amara Raja (ARENM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	1247.80	1259.25	1278.35	1221.00	0.575 times
14 Thu Nov 2024	1255.60	1300.00	1305.00	1238.00	0.446 times
08 Fri Nov 2024	1303.45	1409.00	1409.00	1294.00	0.759 times
01 Fri Nov 2024	1405.30	1266.65	1422.00	1260.00	1.807 times
25 Fri Oct 2024	1241.80	1356.00	1358.00	1218.85	1.558 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
19 Tue Nov 2024	1247.80	1404.50	1422.00	1221.00	0.431 times
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

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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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

RSI is generating a SELL signal in short term but selling 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 1289.03 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.