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(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 2022-04-29 View latest technical analysis

10 day averaged volume of Indo Rama is 88155

Date Daily Closing Price Open High Low Volume
29 Fri Apr 2022 79.80 81.40 85.00 78.10 5.117 times
28 Thu Apr 2022 78.90 85.90 86.25 77.75 1.754 times
27 Wed Apr 2022 83.80 76.00 84.70 76.00 2.134 times
26 Tue Apr 2022 77.05 77.45 77.60 75.30 0.731 times
25 Mon Apr 2022 75.30 76.15 77.30 74.70 0.384 times
22 Fri Apr 2022 78.15 75.50 79.30 75.50 0.367 times
21 Thu Apr 2022 76.05 75.95 77.30 75.55 0.254 times
20 Wed Apr 2022 75.70 74.80 77.25 74.80 0.62 times
19 Tue Apr 2022 73.95 79.25 79.95 71.00 0.956 times
18 Mon Apr 2022 78.50 82.40 83.60 77.90 1.466 times

Stock of Indo Rama (IndoRama) has showed a significant upmove. This could be a good time to enter in 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 79.6, but if it comes below 79.6, then a intra day sell could be more profitable.
If you take a sell trade below 79.6, then use 79.6 as stoploss and 76.17 as target. However if you take a buy trade in stock , then use 79.6 as stoploss and 83.8 as target.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 46.65
Downside Target 57.65
Downside Target 59.85
Downside Target 62.35
Downside Target 64.75
Downside Target 66.45
Downside Target 71.00
Downside Target 76.70
Downside Target 79.45
Upside Target 83.60
Upside Target 85.90
Upside Target 86.25
Upside Target 90.25

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 74.25
Downside Intraday Target 68.7
Upside Intraday Target 85.8
Upside Intraday Target 91.8
Upside Intraday Target 80.25

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
29 Fri Apr 2022 79.80 76.15 86.25 74.70 2.763 times
22 Fri Apr 2022 78.15 82.40 83.60 71.00 1.768 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

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
29 Fri Apr 2022 79.80 66.90 86.25 66.45 1.911 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Indo Rama (IndoRama)

Indicator Name Indicator Value Indicator Signal
ADX 28, 12, 40 Buy
MACD 4, 4Buy
Stochastics 68None
CCI 87Sell
RSI 53Buy
OBV 612014Sell
VWAP 79Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Indo 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 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 79.19 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.

Click here for Indo Rama charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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