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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 2024-10-08 View latest technical analysis

10 day averaged volume of Shree Rama is 45792

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	26.45	25.60	26.50	25.60	0.7 times
07 Mon Oct 2024	25.99	26.05	26.05	25.99	0.599 times
04 Fri Oct 2024	26.53	26.53	26.65	26.53	0.737 times
03 Thu Oct 2024	26.98	26.70	27.22	26.70	1.514 times
01 Tue Oct 2024	27.23	26.70	27.23	26.70	1.268 times
30 Mon Sep 2024	26.70	26.47	26.70	26.46	1.797 times
27 Fri Sep 2024	27.00	26.99	27.12	26.99	0.349 times
26 Thu Sep 2024	27.45	27.92	27.92	27.45	0.419 times
25 Wed Sep 2024	27.93	28.40	28.40	27.93	0.417 times
24 Tue Sep 2024	28.50	28.60	28.60	28.02	1.634 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.7, but if it comes above 26.7, then a intra day buy could be more profitable.
If you take a sell trade below 26.7, then use 26.7 as stoploss and 24.4 as target. However if you take a buy trade in stock , then use 26.7 as stoploss and 28.52 as target.

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Target	23.00
Downside Target	25.24
Upside Target	26.46
Upside Target	28.12
Upside Target	28.15
Upside Target	28.74
Upside Target	29.96
Upside Target	30.09
Upside Target	32.80
Upside Target	32.90

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type	Value
Downside Intraday Target	25.87
Downside Intraday Target	25.28
Upside Intraday Target	26.77
Upside Intraday Target	27.08
Downside Intraday Target	26.18

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	26.45	26.05	26.50	25.60	0.244 times
04 Fri Oct 2024	26.53	26.47	27.23	26.46	1.302 times
27 Fri Sep 2024	27.00	27.75	28.74	26.99	1.266 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

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 Shree Rama (SHREERAMA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	26.45	26.70	27.23	25.60	0.11 times
30 Mon Sep 2024	26.70	31.50	32.90	26.46	1.818 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

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 Shree Rama (SHREERAMA_BE)

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 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 short to mid 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 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 SELL signal for Shree Rama in short term and the sell signal is strong.

Shree Rama 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 below the red 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 27.15 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 negative.

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