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(SHREERAMA_BE) Shree Rama complete technical analysis [charts+indicators] | Buy/Sell Shree Rama | (SHREERAMA_BE) share price targets

Complete technical analysis of Shree Rama (SHREERAMA_BE) by charts plus indicators, forecast predictions and share price targets for Shree Rama (SHREERAMA_BE)

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of Shree Rama is 42610

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	24.15	24.15	24.15	24.15	1.599 times
30 Tue Apr 2024	23.70	23.80	23.80	23.60	0.372 times
29 Mon Apr 2024	23.80	23.95	23.95	23.80	0.608 times
26 Fri Apr 2024	23.95	23.70	23.95	23.70	0.433 times
25 Thu Apr 2024	23.65	24.20	24.20	23.65	0.61 times
24 Wed Apr 2024	23.80	24.20	24.20	23.80	0.719 times
23 Tue Apr 2024	24.20	23.85	24.20	23.85	2.894 times
22 Mon Apr 2024	23.95	23.75	23.95	23.70	2.91 times
19 Fri Apr 2024	23.70	24.00	24.00	23.70	0.446 times
18 Thu Apr 2024	24.00	23.65	24.10	23.65	0.734 times

My analysis of stock is bearish for shortterm, and stock might move down till 23.6 or till 22.3. Use a stoploss of 24.68 and if the stock hits stoploss, then it can shoot up till 25.76

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	21.50
Downside Target	23.00
Downside Target	23.60
Upside Target	26.10
Upside Target	26.35
Upside Target	27.20
Upside Target	27.65
Upside Target	28.40
Upside Target	31.70
Upside Target	33.50

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	23.78
Downside Intraday Target	23.42
Upside Intraday Target	24.33
Upside Intraday Target	24.52
Downside Intraday Target	23.97

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	24.15	23.95	24.15	23.60	0.341 times
26 Fri Apr 2024	23.95	23.75	24.20	23.65	4.04 times
19 Fri Apr 2024	23.70	24.10	24.10	23.65	1.466 times
12 Fri Apr 2024	24.60	26.10	26.10	24.60	0.157 times
05 Fri Apr 2024	26.60	23.00	27.65	23.00	1.358 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 Shree Rama (SHREERAMA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu May 2024	24.15	24.15	24.15	24.15	0.081 times
30 Tue Apr 2024	23.70	23.00	27.65	23.00	0.546 times
28 Thu Mar 2024	23.55	28.05	28.40	21.50	0.516 times
29 Thu Feb 2024	27.40	31.00	33.50	26.35	0.629 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 Shree Rama (SHREERAMA_BE)

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

Price action analysis of Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shree Rama 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.

Shree Rama 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shree Rama 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shree Rama is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.99 and Shree Rama (SHREERAMA_BE) 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 Shree Rama (SHREERAMA_BE) stock. Volume based technical analysis of Shree Rama (SHREERAMA_BE) stock is negative.

Shree Rama 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.