Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-23 View latest technical analysis

10 day averaged volume of Shree Rama is 104380

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	28.60	27.75	28.74	27.75	0.555 times
20 Fri Sep 2024	28.19	27.67	28.19	27.62	0.545 times
19 Thu Sep 2024	28.19	28.19	28.19	28.19	0.141 times
18 Wed Sep 2024	28.77	28.77	28.77	28.77	0.205 times
17 Tue Sep 2024	29.36	29.36	29.36	29.36	0.415 times
16 Mon Sep 2024	29.96	29.96	29.96	29.96	0.109 times
13 Fri Sep 2024	30.58	32.19	32.19	30.58	2.233 times
12 Thu Sep 2024	32.19	32.74	32.74	31.25	1.254 times
11 Wed Sep 2024	32.37	32.10	32.90	31.60	2.487 times
10 Tue Sep 2024	31.40	29.91	31.40	29.91	1.565 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28.5 as stoploss in an intra day buy trade for a target of 29.71. However, stock will show a bearish move below 28.5.

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	23.00
Downside Target	24.00
Downside Target	25.24
Downside Target	26.75
Downside Target	27.36
Upside Target	28.74
Upside Target	29.96
Upside Target	30.09
Upside Target	31.50
Upside Target	32.80
Upside Target	32.90

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	27.99
Downside Intraday Target	27.37
Upside Intraday Target	28.98
Upside Intraday Target	29.35
Downside Intraday Target	28.36

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	28.60	27.75	28.74	27.75	0.392 times
20 Fri Sep 2024	28.19	29.96	29.96	27.62	0.165 times
13 Fri Sep 2024	30.58	28.49	32.90	28.12	1.283 times
06 Fri Sep 2024	28.49	31.50	31.50	27.36	1.242 times
30 Fri Aug 2024	30.00	29.16	30.09	29.01	2.413 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
23 Mon Sep 2024	28.60	31.50	32.90	27.36	1.627 times
30 Fri Aug 2024	30.00	27.82	30.09	25.24	0.437 times
31 Wed Jul 2024	27.82	28.00	32.80	26.75	2.405 times
28 Fri Jun 2024	27.45	24.40	28.15	23.00	0.524 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shree Rama ( (SHREERAMA_BE) ) based on a short to mid 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 Shree Rama ( (SHREERAMA_BE) ) based on a mid to longer 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

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 SELL signal for Shree Rama in short term but the sell signal is initial and weak.

Shree Rama 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shree Rama in short term but BUY 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 31.01 and Shree Rama (SHREERAMA_BE) 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 Shree Rama (SHREERAMA_BE) stock. Volume based technical analysis of Shree Rama (SHREERAMA_BE) stock is negative.

Shree Rama Stock has given negative 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.