(INDORAMA) Indo Rama complete technical analysis [charts+indicators] | Buy/Sell Indo Rama | (INDORAMA) share price targets
Complete technical analysis of Indo Rama (INDORAMA) by charts plus indicators, forecast predictions and share price targets for Indo Rama (INDORAMA)
Indo Rama trades in NSE in Textiles sector.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Indo Rama is 378013
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 49.90 | 50.55 | 51.10 | 49.60 | 0.808 times |
02 Sat Mar 2024 | 50.50 | 52.00 | 52.10 | 49.40 | 0.672 times |
01 Fri Mar 2024 | 52.00 | 51.90 | 52.50 | 50.60 | 0.815 times |
29 Thu Feb 2024 | 51.85 | 50.70 | 52.45 | 50.55 | 0.578 times |
28 Wed Feb 2024 | 50.90 | 52.45 | 52.60 | 50.55 | 0.744 times |
27 Tue Feb 2024 | 52.40 | 53.05 | 53.65 | 52.10 | 0.516 times |
26 Mon Feb 2024 | 53.15 | 54.95 | 55.90 | 52.10 | 1.202 times |
23 Fri Feb 2024 | 54.60 | 52.35 | 55.20 | 52.25 | 2.196 times |
22 Thu Feb 2024 | 52.35 | 52.80 | 52.95 | 51.95 | 0.491 times |
21 Wed Feb 2024 | 52.45 | 52.75 | 54.85 | 52.10 | 1.908 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.7 as stoploss in an intra day buy trade for a target of 53.14. However, stock will show a bearish move below 49.7.
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 48.65 |
Upside Target | 51.10 |
Upside Target | 54.40 |
Upside Target | 54.75 |
Upside Target | 55.20 |
Upside Target | 55.90 |
Upside Target | 56.90 |
Upside Target | 59.20 |
Upside Target | 65.65 |
Upside Target | 65.95 |
Upside Target | 67.10 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 49.3 |
Downside Intraday Target | 48.7 |
Upside Intraday Target | 50.8 |
Upside Intraday Target | 51.7 |
Upside Intraday Target | 50.2 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 49.90 | 50.55 | 51.10 | 49.60 | 0.178 times |
02 Sat Mar 2024 | 50.50 | 54.95 | 55.90 | 49.40 | 0.714 times |
23 Fri Feb 2024 | 54.60 | 53.05 | 55.20 | 51.60 | 0.548 times |
16 Fri Feb 2024 | 52.80 | 56.90 | 56.90 | 49.60 | 0.886 times |
09 Fri Feb 2024 | 56.45 | 62.90 | 65.65 | 54.40 | 0.567 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 Indo Rama (INDORAMA)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 49.90 | 51.90 | 52.50 | 49.40 | 0.06 times |
29 Thu Feb 2024 | 51.85 | 65.75 | 65.95 | 49.60 | 0.74 times |
31 Wed Jan 2024 | 64.65 | 52.30 | 67.10 | 51.80 | 2.077 times |
29 Fri Dec 2023 | 52.10 | 50.50 | 54.75 | 48.65 | 1.076 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 Indo Rama (INDORAMA)
Price action analysis of Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Indo Rama ( (INDORAMA) ) based on a mid to longer 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.
ADX buy sell signal for Indo Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.
Indo Rama 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 Indo Rama 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 positive zone. This is a BUY zone
Stock of Indo Rama is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.48 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama 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.
Price action analysis of Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Indo Rama ( (INDORAMA) ) based on a mid to longer 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.
ADX buy sell signal for Indo Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.
Indo Rama 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 Indo Rama 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 positive zone. This is a BUY zone
Stock of Indo Rama is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.48 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama 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.
Click here for Indo Rama charts
Click here for further forecast and predictions for tomorrow
Daily charts
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