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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 2024-11-12 View latest technical analysis

10 day averaged volume of Rico Auto is 344327

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	89.14	92.50	93.28	88.73	1.245 times
11 Mon Nov 2024	91.75	95.00	96.25	90.25	1.642 times
08 Fri Nov 2024	95.77	99.48	99.48	95.10	0.938 times
07 Thu Nov 2024	99.16	99.00	100.73	98.31	0.944 times
06 Wed Nov 2024	99.04	96.38	99.69	95.74	1.111 times
05 Tue Nov 2024	95.75	95.11	96.20	93.81	0.756 times
04 Mon Nov 2024	93.68	97.78	97.78	93.40	0.875 times
01 Fri Nov 2024	97.65	97.40	98.25	96.10	0.358 times
31 Thu Oct 2024	96.19	96.45	97.49	95.58	0.893 times
30 Wed Oct 2024	95.99	91.30	97.10	91.00	1.713 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 91.6, but if it comes above 91.6, then a intra day buy could be more profitable.
If you take a sell trade below 91.6, then use 91.6 as stoploss and 86.3 as target. However if you take a buy trade in stock , then use 91.6 as stoploss and 96.06 as target.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	88.73
Upside Target	93.40
Upside Target	96.25
Upside Target	98.25
Upside Target	104.82
Upside Target	108.70
Upside Target	112.00
Upside Target	114.96
Upside Target	115.10
Upside Target	120.04
Upside Target	126.30
Upside Target	137.61
Upside Target	143.75

Intraday share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Intraday Target	86.5
Downside Intraday Target	83.85
Upside Intraday Target	94.02
Upside Intraday Target	98.89
Upside Intraday Target	91.37

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	89.14	95.00	96.25	88.73	0.624 times
08 Fri Nov 2024	95.77	97.78	100.73	93.40	0.964 times
01 Fri Nov 2024	97.65	89.00	98.25	88.73	0.544 times
25 Fri Oct 2024	89.85	103.85	104.82	88.95	2.09 times
18 Fri Oct 2024	103.79	108.35	108.70	100.19	0.64 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 Rico Auto (RICOAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	89.14	97.40	100.73	88.73	0.285 times
31 Thu Oct 2024	96.19	111.55	114.96	88.73	0.719 times
30 Mon Sep 2024	112.19	122.29	126.30	112.00	0.838 times
30 Fri Aug 2024	121.45	136.10	137.61	115.10	0.476 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 Rico Auto (RICOAUTO)

Price action analysis of Rico Auto ( (RICOAUTO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rico Auto ( (RICOAUTO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Rico Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Rico Auto in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 94.96 and Rico Auto (RICOAUTO) 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 Rico Auto (RICOAUTO) stock. Volume based technical analysis of Rico Auto (RICOAUTO) stock is negative.

Rico Auto 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.