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(RICOAUTO) Rico Auto complete technical analysis [charts+indicators] | Buy/Sell Rico Auto | (RICOAUTO) share price targets

Complete technical analysis of Rico Auto (RICOAUTO) by charts plus indicators, forecast predictions and share price targets for Rico Auto (RICOAUTO)

Rico Auto trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Rico Auto is 578909

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	124.97	118.50	125.90	118.00	3.666 times
04 Wed Sep 2024	117.99	118.23	119.42	117.50	0.617 times
03 Tue Sep 2024	119.15	119.23	120.42	118.52	0.739 times
02 Mon Sep 2024	119.16	122.29	122.58	118.70	0.743 times
30 Fri Aug 2024	121.45	121.05	123.40	120.89	0.544 times
29 Thu Aug 2024	120.88	122.75	123.18	120.50	0.656 times
28 Wed Aug 2024	122.58	124.43	124.87	122.30	0.91 times
27 Tue Aug 2024	124.43	124.21	125.96	124.20	0.53 times
26 Mon Aug 2024	125.25	125.70	127.50	123.61	1.352 times
23 Fri Aug 2024	125.11	122.01	127.65	121.32	2.724 times

Stock of Rico Auto (RICOAUTO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 124, but if it comes below 124, then a intra day sell could be more profitable.
If you take a sell trade below 124, then use 124 as stoploss and 121.35 as target. However if you take a buy trade in stock , then use 124 as stoploss and 127.2 as target.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	115.10
Downside Target	120.01
Upside Target	125.44
Upside Target	125.90
Upside Target	125.95
Upside Target	127.50
Upside Target	127.65
Upside Target	137.61
Upside Target	141.40
Upside Target	143.75
Upside Target	149.00

Intraday share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Intraday Target	119.68
Downside Intraday Target	114.39
Upside Intraday Target	128.08
Upside Intraday Target	131.19
Downside Intraday Target	122.79

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	124.97	122.29	125.90	117.50	1.444 times
30 Fri Aug 2024	121.45	125.70	127.50	120.50	0.662 times
23 Fri Aug 2024	125.11	120.80	127.65	120.01	1.017 times
16 Fri Aug 2024	119.02	122.86	125.44	115.10	0.812 times
09 Fri Aug 2024	122.86	122.35	125.95	120.05	0.521 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 Rico Auto (RICOAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	124.97	122.29	125.90	117.50	0.212 times
30 Fri Aug 2024	121.45	136.10	137.61	115.10	0.476 times
31 Wed Jul 2024	135.72	133.70	143.75	120.04	0.861 times
28 Fri Jun 2024	133.67	125.25	149.00	107.25	1.085 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 Rico Auto (RICOAUTO)

Price action analysis of Rico Auto ( (RICOAUTO) ) 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 Rico Auto ( (RICOAUTO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Rico Auto ( (RICOAUTO) ) 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 Rico Auto stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rico Auto 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.

Rico Auto 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rico Auto in short term and BUY signal is strong.

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 Rico Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 123.43 and Rico Auto (RICOAUTO) 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 Rico Auto (RICOAUTO) stock. Volume based technical analysis of Rico Auto (RICOAUTO) stock is negative.

Rico Auto 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.