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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 2025-01-14 View latest technical analysis

10 day averaged volume of Rama Steel is 9098763

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	11.39	11.10	11.49	11.05	0.786 times
13 Mon Jan 2025	10.98	11.78	11.78	10.90	1.001 times
10 Fri Jan 2025	11.67	12.06	12.06	11.62	0.9 times
09 Thu Jan 2025	12.06	12.05	12.66	11.82	2.538 times
08 Wed Jan 2025	11.86	12.10	12.10	11.80	0.761 times
07 Tue Jan 2025	11.99	11.74	12.10	11.70	0.777 times
06 Mon Jan 2025	11.67	12.24	12.24	11.53	1.218 times
03 Fri Jan 2025	12.27	12.34	12.47	12.22	0.579 times
02 Thu Jan 2025	12.32	12.42	12.50	12.13	0.812 times
01 Wed Jan 2025	12.36	12.19	12.56	11.93	0.801 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.7, but if it comes above 11.7, then a intra day buy could be more profitable.
If you take a sell trade below 11.7, then use 11.7 as stoploss and 11.2 as target. However if you take a buy trade in stock , then use 11.7 as stoploss and 12.07 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	10.37
Downside Target	10.90
Upside Target	11.53
Upside Target	12.41
Upside Target	12.56
Upside Target	12.66
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	10.93
Downside Intraday Target	10.48
Upside Intraday Target	11.81
Upside Intraday Target	12.24
Downside Intraday Target	11.36

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	11.39	11.78	11.78	10.90	0.289 times
10 Fri Jan 2025	11.67	12.24	12.66	11.53	1.777 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

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
14 Tue Jan 2025	11.39	12.19	12.66	10.90	0.352 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Rama Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Rama Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 11.86 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.