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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 2025-01-31 View latest technical analysis

10 day averaged volume of Rama Steel is 25360422

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	12.05	11.89	12.11	11.75	0.282 times
30 Thu Jan 2025	11.85	12.11	12.26	11.75	0.334 times
29 Wed Jan 2025	11.98	11.74	12.35	11.73	0.911 times
28 Tue Jan 2025	11.70	11.80	12.12	11.40	0.44 times
27 Mon Jan 2025	11.78	12.05	12.13	11.70	0.337 times
24 Fri Jan 2025	12.29	12.70	12.93	12.18	0.451 times
23 Thu Jan 2025	12.70	12.17	13.20	11.90	2.525 times
22 Wed Jan 2025	12.17	12.71	12.72	12.04	0.637 times
21 Tue Jan 2025	12.80	11.94	13.45	11.89	3.904 times
20 Mon Jan 2025	11.89	11.78	12.00	11.76	0.236 times

My analysis of stock is bullish for shortterm, and stock might move up till 12.3 or till 12.8. Use a stoploss of 11.91 and if this stock hits its stoploss, then it can fall down till 11.52

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	10.37
Downside Target	10.90
Downside Target	11.40
Upside Target	12.25
Upside Target	12.56
Upside Target	12.66
Upside Target	13.45
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	11.52
Downside Intraday Target	10.98
Upside Intraday Target	12.47
Upside Intraday Target	12.88
Downside Intraday Target	11.93

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	12.05	12.05	12.35	11.40	0.297 times
24 Fri Jan 2025	12.29	11.78	13.45	11.76	4.512 times
17 Fri Jan 2025	11.78	11.78	12.25	10.90	0.773 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

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
31 Fri Jan 2025	12.05	12.19	13.45	10.90	1.426 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Rama Steel ( (RAMASTEEL) ) 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 Rama Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rama Steel in short term but the buy signal is initial and weak.

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 in or above 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 BUY signal in short term but buying 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 12.48 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 is giving positive 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.