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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 2025-02-04 View latest technical analysis

10 day averaged volume of Rama Steel is 25496736

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	11.84	11.80	11.94	11.74	0.288 times
03 Mon Feb 2025	11.77	11.91	12.07	11.70	0.23 times
31 Fri Jan 2025	12.05	11.89	12.11	11.75	0.28 times
30 Thu Jan 2025	11.85	12.11	12.26	11.75	0.333 times
29 Wed Jan 2025	11.98	11.74	12.35	11.73	0.907 times
28 Tue Jan 2025	11.70	11.80	12.12	11.40	0.438 times
27 Mon Jan 2025	11.78	12.05	12.13	11.70	0.336 times
24 Fri Jan 2025	12.29	12.70	12.93	12.18	0.449 times
23 Thu Jan 2025	12.70	12.17	13.20	11.90	2.511 times
22 Wed Jan 2025	12.17	12.71	12.72	12.04	0.634 times

My analysis of stock is bearish for shortterm, and stock might move down till 11.5 or till 11.1. Use a stoploss of 11.91 and if the stock hits stoploss, then it can shoot up till 12.3

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	10.90
Downside Target	11.40
Upside Target	12.07
Upside Target	12.25
Upside Target	12.35
Upside Target	12.66
Upside Target	13.45
Upside Target	14.20
Upside Target	14.40
Upside Target	15.03

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	11.67
Downside Intraday Target	11.5
Upside Intraday Target	12.04
Upside Intraday Target	12.24
Upside Intraday Target	11.87

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	11.84	11.91	12.07	11.70	0.226 times
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

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
04 Tue Feb 2025	11.84	11.91	12.07	11.70	0.035 times
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

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 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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 SELL signal for Rama Steel in short term and SELL signal is strong!

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 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 12.26 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.