(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 2024-03-15 View latest technical analysis
10 day averaged volume of Indo Rama is 451680
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 40.90 | 41.45 | 42.00 | 40.55 | 0.625 times |
14 Thu Mar 2024 | 41.65 | 40.25 | 42.40 | 39.65 | 1.263 times |
13 Wed Mar 2024 | 40.25 | 44.50 | 44.90 | 39.65 | 2.204 times |
12 Tue Mar 2024 | 44.10 | 46.55 | 46.75 | 43.55 | 1.235 times |
11 Mon Mar 2024 | 46.55 | 49.90 | 49.90 | 46.30 | 0.574 times |
07 Thu Mar 2024 | 49.15 | 48.35 | 49.70 | 47.50 | 0.548 times |
06 Wed Mar 2024 | 48.15 | 49.00 | 49.40 | 46.40 | 0.888 times |
05 Tue Mar 2024 | 49.30 | 49.60 | 50.90 | 48.80 | 1.367 times |
04 Mon Mar 2024 | 49.90 | 50.55 | 51.10 | 49.60 | 0.676 times |
02 Sat Mar 2024 | 50.50 | 52.00 | 52.10 | 49.40 | 0.563 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 40, for a target of 45 or 49.24
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 39.65 |
Upside Target | 46.40 |
Upside Target | 48.65 |
Upside Target | 51.10 |
Upside Target | 52.50 |
Upside Target | 54.75 |
Upside Target | 55.20 |
Upside Target | 55.90 |
Upside Target | 56.90 |
Upside Target | 59.20 |
Upside Target | 65.95 |
Upside Target | 67.10 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 37.07 |
Downside Intraday Target | 33.23 |
Upside Intraday Target | 47.32 |
Upside Intraday Target | 53.73 |
Upside Intraday Target | 43.48 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 40.90 | 49.90 | 49.90 | 39.65 | 1.696 times |
07 Thu Mar 2024 | 49.15 | 50.55 | 51.10 | 46.40 | 0.918 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Indo Rama (INDORAMA)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 40.90 | 51.90 | 52.50 | 39.65 | 0.334 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 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 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 Indo Rama stock for short term is SELL. Signal strength is Strong 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 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 SELL signal for Indo Rama in short term and SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indo Rama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.99 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 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 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 Indo Rama stock for short term is SELL. Signal strength is Strong 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 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 SELL signal for Indo Rama in short term and SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Indo Rama is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.99 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
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org2024 All Rights reserved.