(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.
10 day averaged volume of Indo Rama is 558263
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Dec 2023 | 50.50 | 50.55 | 51.75 | 49.70 | 1.147 times |
01 Fri Dec 2023 | 49.85 | 50.50 | 51.30 | 49.80 | 0.69 times |
30 Thu Nov 2023 | 50.20 | 51.40 | 51.65 | 50.05 | 0.867 times |
29 Wed Nov 2023 | 51.05 | 51.70 | 52.50 | 50.60 | 1.271 times |
28 Tue Nov 2023 | 51.15 | 53.85 | 53.85 | 50.75 | 0.946 times |
24 Fri Nov 2023 | 53.05 | 54.85 | 55.45 | 52.90 | 0.83 times |
23 Thu Nov 2023 | 54.60 | 57.10 | 57.80 | 53.60 | 1.574 times |
22 Wed Nov 2023 | 56.85 | 56.45 | 59.00 | 55.65 | 2.143 times |
21 Tue Nov 2023 | 55.80 | 55.15 | 58.30 | 54.20 | 0.822 times |
20 Mon Nov 2023 | 54.70 | 56.75 | 56.75 | 54.15 | 0.246 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.9, but if it comes above 50.9, then a intra day buy could be more profitable.
If you take a sell trade below 50.9, then use 50.9 as stoploss and 48.2 as target. However if you take a buy trade in stock , then use 50.9 as stoploss and 53.06 as target.
Share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Target | 41.85 |
Downside Target | 47.00 |
Downside Target | 49.70 |
Upside Target | 52.90 |
Upside Target | 53.85 |
Upside Target | 54.60 |
Upside Target | 55.90 |
Upside Target | 57.55 |
Upside Target | 59.00 |
Upside Target | 59.20 |
Upside Target | 60.30 |
Intraday share price targets for Indo Rama (INDORAMA)
Target Type | Value |
Downside Intraday Target | 49.55 |
Downside Intraday Target | 48.6 |
Upside Intraday Target | 51.6 |
Upside Intraday Target | 52.7 |
Upside Intraday Target | 50.65 |
Weekly technical analysis of Indo Rama (INDORAMA)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Dec 2023 | 50.50 | 50.55 | 51.75 | 49.70 | 0.304 times |
01 Fri Dec 2023 | 49.85 | 53.85 | 53.85 | 49.80 | 0.672 times |
24 Fri Nov 2023 | 53.05 | 56.75 | 59.00 | 52.90 | 1.856 times |
17 Fri Nov 2023 | 56.30 | 52.40 | 57.55 | 50.50 | 1.209 times |
10 Fri Nov 2023 | 51.40 | 55.05 | 59.20 | 50.85 | 1.127 times |
Price has moved up 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 Dec 2023 | 50.50 | 50.50 | 51.75 | 49.70 | 0.118 times |
30 Thu Nov 2023 | 50.20 | 55.80 | 59.20 | 50.05 | 0.805 times |
31 Tue Oct 2023 | 55.40 | 49.30 | 60.30 | 47.55 | 2.309 times |
29 Fri Sep 2023 | 48.85 | 51.15 | 54.60 | 47.00 | 0.676 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 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 neutral. A longer time frame might give a better analysis.
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 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 Indo Rama in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.17 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 neutral. A longer time frame might give a better analysis.
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 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 Indo Rama in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.17 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.
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