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(RAJRILTD_BE) Raj Rayon complete technical analysis [charts+indicators] | Buy/Sell Raj Rayon | (RAJRILTD_BE) share price targets

Complete technical analysis of Raj Rayon (RAJRILTD_BE) by charts plus indicators, forecast predictions and share price targets for Raj Rayon (RAJRILTD_BE)

Showing technical analysis as on 2024-09-11 View latest technical analysis

10 day averaged volume of Raj Rayon is 91476

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	26.59	26.59	27.25	26.59	1.036 times
10 Tue Sep 2024	27.14	27.14	27.14	27.14	0.23 times
09 Mon Sep 2024	27.70	28.74	28.74	27.61	0.896 times
06 Fri Sep 2024	28.18	28.25	28.32	27.21	2.156 times
05 Thu Sep 2024	27.77	27.78	27.78	27.55	0.861 times
04 Wed Sep 2024	27.24	27.24	27.24	26.17	1.264 times
03 Tue Sep 2024	26.71	26.71	26.71	26.71	1.191 times
02 Mon Sep 2024	26.19	26.19	26.19	26.19	0.55 times
30 Fri Aug 2024	25.68	25.68	25.68	25.51	0.912 times
29 Thu Aug 2024	25.18	25.18	25.18	25.00	0.651 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.1 as stoploss in an intra day sell trade for a target of 25.16. However, stock will show a bullish move above 27.1.

Share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Target	19.70
Downside Target	20.50
Downside Target	21.66
Downside Target	22.25
Downside Target	23.50
Downside Target	24.23
Downside Target	25.68
Downside Target	26.17
Downside Target	26.59
Upside Target	28.32
Upside Target	28.74

Intraday share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Intraday Target	25.87
Downside Intraday Target	25.16
Upside Intraday Target	28.02
Upside Intraday Target	29.46
Upside Intraday Target	27.31

Weekly technical analysis of Raj Rayon (RAJRILTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	26.59	28.74	28.74	26.59	0.359 times
06 Fri Sep 2024	28.18	26.19	28.32	26.17	1.127 times
30 Fri Aug 2024	25.68	24.71	25.68	23.72	2.834 times
23 Fri Aug 2024	24.23	21.71	24.23	21.71	1.435 times
16 Fri Aug 2024	22.09	21.66	22.99	21.66	0.803 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 Raj Rayon (RAJRILTD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	26.59	26.19	28.74	26.17	0.721 times
30 Fri Aug 2024	25.68	23.00	25.68	21.66	1.217 times
31 Wed Jul 2024	22.63	21.05	22.63	20.06	1.76 times
28 Fri Jun 2024	20.66	21.60	22.25	19.70	0.814 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 Raj Rayon (RAJRILTD_BE)

Price action analysis of Raj Rayon ( (RAJRILTD_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Rayon in short term and the buy signal is strong.

Raj Rayon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Raj Rayon in short term but SELL 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 Raj Rayon is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.06 and Raj Rayon (RAJRILTD_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Raj Rayon (RAJRILTD_BE) stock. Volume based technical analysis of Raj Rayon (RAJRILTD_BE) stock is negative.

Raj Rayon Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.