(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 2024-04-09 View latest technical analysis
10 day averaged volume of Indo Rama is 476630
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 45.75 | 45.20 | 47.40 | 43.00 | 1.769 times |
08 Mon Apr 2024 | 45.15 | 46.40 | 46.80 | 44.90 | 0.399 times |
05 Fri Apr 2024 | 46.15 | 43.75 | 46.80 | 43.75 | 0.644 times |
04 Thu Apr 2024 | 44.15 | 44.50 | 44.85 | 43.40 | 0.414 times |
03 Wed Apr 2024 | 44.10 | 43.15 | 45.35 | 42.80 | 0.874 times |
02 Tue Apr 2024 | 42.95 | 43.50 | 44.65 | 42.70 | 1.221 times |
01 Mon Apr 2024 | 43.25 | 39.15 | 44.00 | 39.15 | 1.063 times |
28 Thu Mar 2024 | 38.85 | 38.00 | 41.00 | 38.00 | 1.405 times |
27 Wed Mar 2024 | 37.90 | 39.00 | 39.55 | 36.40 | 1.894 times |
26 Tue Mar 2024 | 38.40 | 40.80 | 41.05 | 37.30 | 1.274 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.7, but if it comes below 44.7, then a intra day sell could be more profitable.
If you take a sell trade below 44.7, then use 44.7 as stoploss and 42.16 as target. However if you take a buy trade in stock , then use 44.7 as stoploss and 47.8 as target.
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 36.40 |
Downside Target | 39.15 |
Downside Target | 41.05 |
Downside Target | 42.15 |
Downside Target | 43.00 |
Upside Target | 46.80 |
Upside Target | 48.65 |
Upside Target | 49.90 |
Upside Target | 51.80 |
Upside Target | 52.50 |
Upside Target | 54.75 |
Upside Target | 65.95 |
Upside Target | 67.10 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 43.37 |
Downside Intraday Target | 40.98 |
Upside Intraday Target | 47.77 |
Upside Intraday Target | 49.78 |
Downside Intraday Target | 45.38 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 45.75 | 46.40 | 47.40 | 43.00 | 0.514 times |
05 Fri Apr 2024 | 46.15 | 39.15 | 46.80 | 39.15 | 0.922 times |
28 Thu Mar 2024 | 38.85 | 40.80 | 41.05 | 36.40 | 1.082 times |
22 Fri Mar 2024 | 40.70 | 41.00 | 42.15 | 39.25 | 0.756 times |
15 Fri Mar 2024 | 40.90 | 49.90 | 49.90 | 39.65 | 1.696 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 |
09 Tue Apr 2024 | 45.75 | 39.15 | 47.40 | 39.15 | 0.338 times |
28 Thu Mar 2024 | 38.85 | 51.90 | 52.50 | 36.40 | 0.626 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 |
Scroll below to view daily charts
Price has moved up 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 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Indo Rama 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.
Indo Rama Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 41.91 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama 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.
Price action analysis of Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) 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 Indo Rama ( (INDORAMA) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Indo Rama 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.
Indo Rama Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Indo Rama in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 41.91 and Indo Rama (INDORAMA) 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 Indo Rama (INDORAMA) stock. Volume based technical analysis of Indo Rama (INDORAMA) stock is negative.
Indo Rama 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.
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.