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 2025-04-07 View latest technical analysis

10 day averaged volume of Rama Steel is 7070330

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	9.26	8.74	9.49	8.50	1.112 times
04 Fri Apr 2025	9.63	9.96	9.96	9.57	0.567 times
03 Thu Apr 2025	9.96	9.75	9.99	9.65	0.739 times
02 Wed Apr 2025	9.84	9.92	10.00	9.71	0.709 times
01 Tue Apr 2025	9.83	9.41	10.02	9.26	1.5 times
28 Fri Mar 2025	9.38	9.62	9.75	9.36	1.44 times
27 Thu Mar 2025	9.52	9.53	9.75	9.50	1.08 times
26 Wed Mar 2025	9.65	9.96	10.03	9.63	1.033 times
25 Tue Mar 2025	9.87	10.38	10.41	9.80	1.146 times
24 Mon Mar 2025	10.25	10.29	10.48	10.21	1.056 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 9.2, for a target of 9.6 or 9.86

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	8.50
Downside Target	9.26
Upside Target	9.90
Upside Target	10.46
Upside Target	10.47
Upside Target	10.48
Upside Target	10.55
Upside Target	10.90
Upside Target	11.85
Upside Target	12.07
Upside Target	13.45
Upside Target	14.20

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	8.68
Downside Intraday Target	8.09
Upside Intraday Target	9.67
Upside Intraday Target	10.07
Downside Intraday Target	9.08

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Apr 2025	9.26	8.74	9.49	8.50	0.316 times
04 Fri Apr 2025	9.63	9.41	10.02	9.26	0.611 times
28 Fri Mar 2025	9.38	10.29	10.48	9.36	1.127 times
21 Fri Mar 2025	10.25	9.92	10.46	9.60	1.968 times
13 Thu Mar 2025	9.73	10.35	10.47	9.65	0.547 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
07 Mon Apr 2025	9.26	9.41	10.02	8.50	0.254 times
28 Fri Mar 2025	9.38	10.05	10.55	9.36	1.031 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

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

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 coming down

CCI has generated a SELL signal for Rama Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 9.7 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.