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 2025-02-13 View latest technical analysis

10 day averaged volume of Rama Steel is 6889872

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	11.13	11.24	11.35	10.90	1.049 times
12 Wed Feb 2025	11.11	11.19	11.27	10.65	1.43 times
11 Tue Feb 2025	11.18	11.55	11.59	11.09	0.947 times
10 Mon Feb 2025	11.61	11.75	11.83	11.55	0.611 times
07 Fri Feb 2025	11.77	11.80	11.87	11.56	0.813 times
06 Thu Feb 2025	11.80	11.86	11.90	11.76	1.037 times
05 Wed Feb 2025	11.78	11.85	11.98	11.75	0.977 times
04 Tue Feb 2025	11.84	11.80	11.94	11.74	1.065 times
03 Mon Feb 2025	11.77	11.91	12.07	11.70	0.851 times
31 Fri Jan 2025	12.05	11.89	12.11	11.75	1.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.4, but if it comes above 11.4, then a intra day buy could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 10.9 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 11.85 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	10.65
Downside Target	10.90
Upside Target	11.40
Upside Target	12.07
Upside Target	12.25
Upside Target	12.35
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	10.58
Downside Intraday Target	10.02
Upside Intraday Target	11.76
Upside Intraday Target	12.38
Upside Intraday Target	11.2

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	11.13	11.75	11.83	10.65	0.851 times
07 Fri Feb 2025	11.77	11.91	12.07	11.56	0.559 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

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
13 Thu Feb 2025	11.13	11.91	12.07	10.65	0.161 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 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 11.58 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.