(IndoRama) Indo Rama complete technical analysis [charts+indicators] | Buy/Sell Indo Rama | (IndoRama) share price targets
Complete technical analysis of Indo Rama (IndoRama) by charts plus indicators, forecast predictions and share price targets for Indo Rama (IndoRama)
10 day averaged volume of Indo Rama is 24331
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Fri Dec 2021||51.00||47.60||51.95||47.00||1.865 times|
|02 Thu Dec 2021||47.25||47.90||47.90||47.05||0.3 times|
|01 Wed Dec 2021||47.65||49.00||49.40||46.65||0.336 times|
|30 Tue Nov 2021||48.10||45.75||49.05||45.75||7.213 times|
|29 Mon Nov 2021||44.60||45.20||46.55||43.55||0.099 times|
|26 Fri Nov 2021||46.90||49.45||49.45||46.55||0.372 times|
|25 Thu Nov 2021||48.80||46.20||49.50||46.20||0.631 times|
|24 Wed Nov 2021||48.00||47.85||48.05||47.00||0.178 times|
|23 Tue Nov 2021||47.10||45.75||47.65||45.00||0.249 times|
|22 Mon Nov 2021||45.30||48.10||49.00||45.05||0.223 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.9, but if it comes below 49.9, then a intra day sell could be more profitable.
If you take a sell trade below 49.9, then use 49.9 as stoploss and 48.27 as target. However if you take a buy trade in stock , then use 49.9 as stoploss and 51.9 as target.
Share price targets for Indo Rama (IndoRama)
Intraday share price targets for Indo Rama (IndoRama)
|Downside Intraday Target||45.72|
|Downside Intraday Target||40.43|
|Upside Intraday Target||54.12|
|Upside Intraday Target||57.23|
|Downside Intraday Target||48.83|
Weekly technical analysis of Indo Rama (IndoRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Fri Dec 2021||51.00||45.20||51.95||43.55||5.936 times|
|26 Fri Nov 2021||46.90||48.10||49.50||45.00||1.161 times|
|18 Thu Nov 2021||47.05||48.95||49.60||47.00||0.663 times|
|12 Fri Nov 2021||49.40||50.10||51.90||48.50||1.324 times|
|04 Thu Nov 2021||49.50||52.50||53.00||48.35||0.84 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 Indo Rama (IndoRama)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|03 Fri Dec 2021||51.00||49.00||51.95||46.65||0.177 times|
|30 Tue Nov 2021||48.10||52.50||53.00||43.55||1.794 times|
|29 Fri Oct 2021||50.45||49.10||53.70||47.10||0.794 times|
|30 Thu Sep 2021||50.00||46.60||57.15||46.60||1.102 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 Indo Rama (IndoRama)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||30, 14, 36||Buy|
Price action analysis of Indo Rama ( (IndoRama) ) 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 Indo Rama ( (IndoRama) ) 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 Indo Rama ( (IndoRama) ) 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 Indo Rama ( (IndoRama) ) 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 Indo Rama stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Indo 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.
Indo Rama Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Indo Rama in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Indo 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 48.43 and Indo Rama (IndoRama) 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 Indo Rama (IndoRama) stock. Volume based technical analysis of Indo Rama (IndoRama) stock is negative.
Indo 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.