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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 2024-04-09 View latest technical analysis

10 day averaged volume of Indo Rama is 61024

Date Daily Closing Price Open High Low Volume
09 Tue Apr 2024 45.51 45.55 47.25 43.05 1.743 times
08 Mon Apr 2024 45.28 47.00 47.00 44.90 0.328 times
05 Fri Apr 2024 45.89 44.79 46.50 43.71 0.739 times
04 Thu Apr 2024 44.13 46.00 46.00 43.60 0.511 times
03 Wed Apr 2024 44.22 43.00 45.30 42.95 0.634 times
02 Tue Apr 2024 42.98 43.97 44.50 42.71 0.724 times
01 Mon Apr 2024 43.40 39.71 43.90 39.50 1.258 times
28 Thu Mar 2024 38.93 38.00 40.99 38.00 1.892 times
27 Wed Mar 2024 38.15 39.25 39.59 37.50 1.733 times
26 Tue Mar 2024 38.61 40.21 41.00 38.05 1.928 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.7, but if it comes below 44.7, then a intra day sell could be more profitable.
If you take a sell trade below 44.7, then use 44.7 as stoploss and 42.15 as target. However if you take a buy trade in stock , then use 44.7 as stoploss and 47.7 as target.

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 37.50
Downside Target 39.31
Downside Target 41.00
Downside Target 42.22
Upside Target 46.50
Upside Target 48.84
Upside Target 49.55
Upside Target 50.03
Upside Target 51.60
Upside Target 52.83
Upside Target 54.60
Upside Target 66.00
Upside Target 67.03

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 43.29
Downside Intraday Target 41.07
Upside Intraday Target 47.49
Upside Intraday Target 49.47
Downside Intraday Target 45.27

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
09 Tue Apr 2024 45.51 47.00 47.25 43.05 0.536 times
05 Fri Apr 2024 45.89 39.71 46.50 39.50 0.696 times
28 Thu Mar 2024 38.93 40.21 41.00 37.50 2.187 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

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
09 Tue Apr 2024 45.51 39.71 47.25 39.50 0.38 times
28 Thu Mar 2024 38.93 52.83 52.83 37.50 0.796 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

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)

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 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 Weak and stock is losing 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 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 41.65 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 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 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 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 Weak and stock is losing 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 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 41.65 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 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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