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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 2024-06-28 View latest technical analysis

10 day averaged volume of Shree Rama is 50361

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	27.45	27.99	27.99	27.44	3.316 times
27 Thu Jun 2024	28.00	28.15	28.15	27.99	1.517 times
26 Wed Jun 2024	27.60	27.60	27.60	27.60	2.116 times
25 Tue Jun 2024	27.06	27.48	27.48	27.06	2.745 times
24 Mon Jun 2024	26.95	26.95	26.95	26.95	0.815 times
21 Fri Jun 2024	26.43	26.43	26.43	26.43	0.384 times
20 Thu Jun 2024	25.92	25.92	25.92	25.92	0.452 times
19 Wed Jun 2024	25.42	25.42	25.42	25.42	0.628 times
18 Tue Jun 2024	24.93	24.93	24.93	24.90	0.71 times
14 Fri Jun 2024	24.45	24.45	24.45	24.45	0.188 times

Stock of Shree Rama (SHREERAMA_BE) has showed a significant fall. This could be a good time to exit from 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 26.7, but if it comes below 26.7, then a intra day sell could be more profitable.
If you take a sell trade below 26.7, then use 26.7 as stoploss and 24.96 as target. However if you take a buy trade in stock , then use 26.7 as stoploss and 28.7 as target.

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	21.50
Downside Target	23.00
Downside Target	24.00
Downside Target	26.35
Downside Target	26.60
Downside Target	26.95
Upside Target	27.65
Upside Target	28.15
Upside Target	28.40
Upside Target	30.00
Upside Target	33.50

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	26.88
Downside Intraday Target	26.32
Upside Intraday Target	28.08
Upside Intraday Target	28.72
Upside Intraday Target	27.52

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	27.45	26.95	28.15	26.95	4.831 times
21 Fri Jun 2024	26.43	24.93	26.43	24.90	0.446 times
14 Fri Jun 2024	24.45	23.50	24.45	23.00	1.47 times
07 Fri Jun 2024	23.50	24.40	24.40	23.00	1.143 times
31 Fri May 2024	24.10	26.60	26.60	24.10	0.79 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	27.45	24.40	28.15	23.00	0.524 times
31 Fri May 2024	24.10	24.15	30.00	24.00	2.373 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

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 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 Shree Rama ( (SHREERAMA_BE) ) based on a short 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 Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shree Rama 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.

Shree Rama Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shree Rama in short term but SELL signal is weak.

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 27.06 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 negative.

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