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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)

10 day averaged volume of Rama Steel is 15908915

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu May 2025	11.32	11.10	11.39	11.05	0.84 times
28 Wed May 2025	11.07	10.85	11.14	10.82	0.772 times
27 Tue May 2025	10.81	10.94	10.96	10.77	0.336 times
26 Mon May 2025	10.89	11.03	11.03	10.82	0.417 times
23 Fri May 2025	11.00	11.22	11.64	10.99	3.111 times
22 Thu May 2025	11.18	11.20	11.36	11.09	0.679 times
21 Wed May 2025	11.26	11.20	11.55	10.55	0.91 times
20 Tue May 2025	11.11	11.20	11.31	11.00	0.514 times
19 Mon May 2025	11.15	11.10	11.22	11.03	0.462 times
16 Fri May 2025	11.01	11.14	11.63	10.94	2.076 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.3, but if it comes below 11.3, then a intra day sell could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 10.6 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 12.2 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	8.50
Downside Target	9.02
Downside Target	9.36
Downside Target	9.60
Downside Target	9.90
Downside Target	10.35
Downside Target	10.90
Upside Target	11.39
Upside Target	11.64
Upside Target	11.70
Upside Target	12.07
Upside Target	13.45

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	10.93
Downside Intraday Target	10.54
Upside Intraday Target	11.55
Upside Intraday Target	11.78
Downside Intraday Target	11.16

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu May 2025	11.32	11.03	11.39	10.77	0.417 times
23 Fri May 2025	11.00	11.10	11.64	10.55	0.61 times
16 Fri May 2025	11.01	10.24	11.70	9.60	4.982 times
09 Fri May 2025	9.22	9.70	9.97	9.02	0.939 times
02 Fri May 2025	9.82	10.27	10.35	9.66	0.432 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
29 Thu May 2025	11.32	10.01	11.70	9.02	1.949 times
30 Wed Apr 2025	9.82	9.41	10.75	8.50	1.245 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 mid to longer 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.

ADX buy sell signal for Rama Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rama Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.07 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.