(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)
Showing technical analysis as on 2022-04-18 View latest technical analysis
10 day averaged volume of Indo Rama is 63591
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Mon Apr 2022||78.50||82.40||83.60||77.90||2.032 times|
|13 Wed Apr 2022||79.05||75.45||80.30||75.45||1.85 times|
|12 Tue Apr 2022||75.10||78.15||78.15||73.65||0.465 times|
|11 Mon Apr 2022||76.30||79.00||79.00||76.25||0.556 times|
|08 Fri Apr 2022||77.40||73.85||79.45||73.85||1.299 times|
|07 Thu Apr 2022||72.75||73.20||75.00||72.40||0.822 times|
|06 Wed Apr 2022||73.30||75.00||75.00||72.90||0.435 times|
|05 Tue Apr 2022||75.05||76.00||77.00||74.70||1.013 times|
|04 Mon Apr 2022||76.25||77.80||78.45||75.15||1.242 times|
|01 Fri Apr 2022||75.30||66.90||76.70||66.45||1.731 times|
Stock of Indo Rama (IndoRama) 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 76.3, but if it comes below 76.3, then a intra day sell could be more profitable.
If you take a sell trade below 76.3, then use 76.3 as stoploss and 71.75 as target. However if you take a buy trade in stock , then use 76.3 as stoploss and 81.7 as target.
Share price targets for Indo Rama (IndoRama)
Intraday share price targets for Indo Rama (IndoRama)
|Downside Intraday Target||76.4|
|Downside Intraday Target||74.3|
|Upside Intraday Target||82.1|
|Upside Intraday Target||85.7|
|Upside Intraday Target||80|
Weekly technical analysis of Indo Rama (IndoRama)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Mon Apr 2022||78.50||82.40||83.60||77.90||0.708 times|
|13 Wed Apr 2022||79.05||79.00||80.30||73.65||0.597 times|
|08 Fri Apr 2022||77.40||77.80||79.45||72.40||0.93 times|
|01 Fri Apr 2022||75.30||67.35||76.70||64.75||1.391 times|
|25 Fri Mar 2022||67.55||66.65||72.25||65.85||1.708 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 Indo Rama (IndoRama)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|18 Mon Apr 2022||78.50||66.90||83.60||66.45||0.767 times|
|31 Thu Mar 2022||65.65||64.25||72.60||59.85||0.482 times|
|28 Mon Feb 2022||66.95||80.90||85.90||60.25||0.572 times|
|31 Mon Jan 2022||80.85||60.80||90.25||57.65||5.352 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||34, 15, 40||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
Price action analysis of Indo Rama ( (IndoRama) ) 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 Indo Rama ( (IndoRama) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 76.58 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.