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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 2025-03-18 View latest technical analysis

10 day averaged volume of Rama Steel is 5698844

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	9.93	9.80	10.02	9.69	1.31 times
17 Mon Mar 2025	9.68	9.92	9.92	9.60	0.899 times
13 Thu Mar 2025	9.73	9.97	10.01	9.65	0.749 times
12 Wed Mar 2025	9.89	9.91	10.04	9.86	0.6 times
11 Tue Mar 2025	9.91	9.99	10.12	9.80	0.884 times
10 Mon Mar 2025	9.97	10.35	10.47	9.91	0.987 times
07 Fri Mar 2025	10.35	10.35	10.55	10.25	1.124 times
06 Thu Mar 2025	10.31	10.09	10.38	10.08	1.005 times
05 Wed Mar 2025	10.07	9.95	10.25	9.95	1.005 times
04 Tue Mar 2025	9.94	9.50	10.24	9.49	1.243 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9.8 as stoploss in an intra day buy trade for a target of 10.18. However, stock will show a bearish move below 9.8.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	9.36
Downside Target	9.60
Downside Target	9.90
Upside Target	10.47
Upside Target	10.90
Upside Target	11.15
Upside Target	11.68
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	9.68
Downside Intraday Target	9.43
Upside Intraday Target	10.1
Upside Intraday Target	10.27
Downside Intraday Target	9.85

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	9.93	9.92	10.02	9.60	0.686 times
13 Thu Mar 2025	9.73	10.35	10.47	9.65	0.547 times
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

Price has moved up 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
18 Tue Mar 2025	9.93	10.05	10.55	9.36	0.516 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 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 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 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 BUY signal in short term and the buying is gaining 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 9.99 and Rama Steel (RAMASTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.