Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-08 View latest technical analysis

10 day averaged volume of Rama Steel is 6721714

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	11.86	12.10	12.10	11.80	1.03 times
07 Tue Jan 2025	11.99	11.74	12.10	11.70	1.052 times
06 Mon Jan 2025	11.67	12.24	12.24	11.53	1.649 times
03 Fri Jan 2025	12.27	12.34	12.47	12.22	0.783 times
02 Thu Jan 2025	12.32	12.42	12.50	12.13	1.099 times
01 Wed Jan 2025	12.36	12.19	12.56	11.93	1.084 times
31 Tue Dec 2024	12.04	12.02	12.12	11.85	0.831 times
30 Mon Dec 2024	12.02	12.17	12.19	11.95	0.92 times
27 Fri Dec 2024	12.17	12.08	12.24	12.04	0.822 times
26 Thu Dec 2024	12.04	12.15	12.25	12.00	0.849 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 11.4 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 12.4 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	10.37
Downside Target	11.53
Upside Target	12.56
Upside Target	12.91
Upside Target	13.21
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	11.51
Downside Intraday Target	11.17
Upside Intraday Target	12.22
Upside Intraday Target	12.59
Upside Intraday Target	11.88

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	11.86	12.24	12.24	11.53	0.791 times
03 Fri Jan 2025	12.27	12.17	12.56	11.85	1.241 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

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 Rama Steel (RAMASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	11.86	12.19	12.56	11.53	0.171 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 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 Rama Steel (RAMASTEEL)

Price action analysis of Rama Steel ( (RAMASTEEL) ) 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 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 Strong and stock is losing momentum.

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

Rama Steel 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. Bears are getting stronger in this stock.

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 Rama Steel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Rama Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.05 and Rama Steel (RAMASTEEL) 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 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 negative.

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