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(RAMASTEEL) Rama Steel complete technical analysis [charts+indicators] | Buy/Sell Rama Steel | (RAMASTEEL) share price targets

Complete technical analysis of Rama Steel (RAMASTEEL) by charts plus indicators, forecast predictions and share price targets for Rama Steel (RAMASTEEL)

Showing technical analysis as on 2025-01-01 View latest technical analysis

10 day averaged volume of Rama Steel is 6770731

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	12.36	12.19	12.56	11.93	1.077 times
31 Tue Dec 2024	12.04	12.02	12.12	11.85	0.825 times
30 Mon Dec 2024	12.02	12.17	12.19	11.95	0.913 times
27 Fri Dec 2024	12.17	12.08	12.24	12.04	0.816 times
26 Thu Dec 2024	12.04	12.15	12.25	12.00	0.843 times
24 Tue Dec 2024	12.15	12.33	12.33	12.10	0.905 times
23 Mon Dec 2024	12.24	12.22	12.41	12.06	1.208 times
20 Fri Dec 2024	12.22	12.56	12.68	12.03	1.321 times
19 Thu Dec 2024	12.56	12.38	12.60	12.36	0.989 times
18 Wed Dec 2024	12.60	12.80	12.83	12.55	1.164 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 12.2 as stoploss in an intra day buy trade for a target of 12.77. However, stock will show a bearish move below 12.2.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	10.37
Downside Target	11.67
Upside Target	12.41
Upside Target	12.91
Upside Target	13.21
Upside Target	14.19
Upside Target	14.20
Upside Target	14.40
Upside Target	15.03
Upside Target	17.55

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	11.95
Downside Intraday Target	11.55
Upside Intraday Target	12.66
Upside Intraday Target	12.97
Downside Intraday Target	12.26

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	12.36	12.17	12.56	11.85	0.746 times
27 Fri Dec 2024	12.17	12.22	12.41	12.00	0.663 times
20 Fri Dec 2024	12.22	13.09	13.21	12.03	0.617 times
13 Fri Dec 2024	13.12	13.70	14.20	12.91	0.501 times
06 Fri Dec 2024	13.69	12.29	14.19	12.06	2.329 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 Rama Steel (RAMASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	12.36	12.19	12.56	11.93	0.028 times
31 Tue Dec 2024	12.04	12.29	14.20	11.85	0.956 times
29 Fri Nov 2024	12.30	13.88	14.40	11.68	0.524 times
31 Thu Oct 2024	13.66	14.50	15.03	11.67	0.174 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 Rama Steel (RAMASTEEL)

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Rama Steel ( (RAMASTEEL) ) 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 Rama Steel ( (RAMASTEEL) ) 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 Rama Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rama Steel in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rama Steel 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 Rama Steel in short term and BUY 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 Rama Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.26 and Rama Steel (RAMASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Rama Steel (RAMASTEEL) stock. Volume based technical analysis of Rama Steel (RAMASTEEL) stock is negative.

Rama Steel Stock has given negative 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.