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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 2024-03-27 View latest technical analysis

10 day averaged volume of Indo Rama is 46224

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 38.15 39.25 39.59 37.50 2.287 times
26 Tue Mar 2024 38.61 40.21 41.00 38.05 2.545 times
22 Fri Mar 2024 40.79 40.51 41.04 40.50 0.333 times
21 Thu Mar 2024 40.05 40.75 41.04 39.90 0.706 times
20 Wed Mar 2024 39.80 41.60 41.60 39.31 0.409 times
19 Tue Mar 2024 40.75 40.76 41.95 40.50 0.633 times
18 Mon Mar 2024 41.38 41.64 42.22 40.86 1.271 times
15 Fri Mar 2024 41.00 40.95 41.86 40.60 1.037 times
14 Thu Mar 2024 41.64 40.87 42.10 39.60 0.786 times
13 Wed Mar 2024 40.07 44.55 44.93 39.90 0.795 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.9, but if it comes above 39.9, then a intra day buy could be more profitable.
If you take a sell trade below 39.9, then use 39.9 as stoploss and 34 as target. However if you take a buy trade in stock , then use 39.9 as stoploss and 44.73 as target.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 37.50
Upside Target 39.31
Upside Target 41.00
Upside Target 42.22
Upside Target 46.45
Upside Target 48.84
Upside Target 51.19
Upside Target 52.83
Upside Target 54.60
Upside Target 55.72
Upside Target 59.00
Upside Target 66.00
Upside Target 67.03

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 36.77
Downside Intraday Target 35.38
Upside Intraday Target 40.27
Upside Intraday Target 42.38
Upside Intraday Target 38.88

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 38.15 40.21 41.00 37.50 1.442 times
22 Fri Mar 2024 40.79 41.64 42.22 39.31 0.776 times
15 Fri Mar 2024 41.00 50.03 50.03 39.60 0.912 times
07 Thu Mar 2024 49.06 51.19 51.19 46.45 1.443 times
02 Sat Mar 2024 50.46 55.42 55.72 49.45 0.652 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
27 Wed Mar 2024 38.15 52.83 52.83 37.50 0.7 times
29 Thu Feb 2024 51.79 66.00 66.00 49.55 0.875 times
31 Wed Jan 2024 64.60 52.21 67.03 51.60 2.032 times
29 Fri Dec 2023 52.05 50.86 54.60 48.84 1.615 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 Indo Rama (IndoRama)

Price action analysis of Indo Rama ( (IndoRama) ) based on a short 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 Indo Rama ( (IndoRama) ) based on a short 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 Indo Rama ( (IndoRama) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.

Indo 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 coming down

CCI has generated a SELL signal for Indo Rama in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Indo Rama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.73 and Indo Rama (IndoRama) 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 Indo Rama (IndoRama) stock. Volume based technical analysis of Indo Rama (IndoRama) stock is negative.

Indo 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.

Price action analysis of Indo Rama ( (IndoRama) ) based on a short 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 Indo Rama ( (IndoRama) ) based on a short 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 Indo Rama ( (IndoRama) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Indo Rama in short term and the sell signal is strong.

Indo 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 coming down

CCI has generated a SELL signal for Indo Rama in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Indo Rama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.73 and Indo Rama (IndoRama) 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 Indo Rama (IndoRama) stock. Volume based technical analysis of Indo Rama (IndoRama) stock is negative.

Indo 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.

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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