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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 2025-03-07 View latest technical analysis

10 day averaged volume of Rama Steel is 5745967

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	10.35	10.35	10.55	10.25	1.115 times
06 Thu Mar 2025	10.31	10.09	10.38	10.08	0.997 times
05 Wed Mar 2025	10.07	9.95	10.25	9.95	0.997 times
04 Tue Mar 2025	9.94	9.50	10.24	9.49	1.233 times
03 Mon Mar 2025	9.62	10.05	10.23	9.36	1.491 times
28 Fri Feb 2025	10.03	10.13	10.20	9.90	1.1 times
27 Thu Feb 2025	10.18	10.49	10.55	10.10	0.673 times
25 Tue Feb 2025	10.49	10.55	10.68	10.45	0.754 times
24 Mon Feb 2025	10.51	10.70	10.70	10.39	0.868 times
21 Fri Feb 2025	10.82	10.85	11.15	10.75	0.925 times

My analysis of stock is bearish for shortterm, and stock might move down till 10.1 or till 9.4. Use a stoploss of 10.6 and if the stock hits stoploss, then it can shoot up till 11.14

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	9.36
Downside Target	9.90
Upside Target	10.55
Upside Target	11.15
Upside Target	11.56
Upside Target	11.83
Upside Target	11.85
Upside Target	12.07
Upside Target	13.45
Upside Target	14.20
Upside Target	14.40

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	9.62
Downside Intraday Target	8.9
Upside Intraday Target	10.81
Upside Intraday Target	11.28
Downside Intraday Target	10.09

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	10.35	10.05	10.55	9.36	1.718 times
28 Fri Feb 2025	10.03	10.70	10.70	9.90	0.534 times
21 Fri Feb 2025	10.82	10.74	11.15	10.05	1.012 times
14 Fri Feb 2025	10.67	11.75	11.83	10.59	1.104 times
07 Fri Feb 2025	11.77	11.91	12.07	11.56	0.559 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rama Steel (RAMASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	10.35	10.05	10.55	9.36	0.269 times
28 Fri Feb 2025	10.03	11.91	12.07	9.90	0.333 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

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 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 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 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 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 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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 10.18 and Rama Steel (RAMASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.