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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 2024-04-16 View latest technical analysis

10 day averaged volume of Indo Rama is 46759

Date Daily Closing Price Open High Low Volume
16 Tue Apr 2024 44.31 45.00 45.21 44.15 0.443 times
15 Mon Apr 2024 44.68 43.00 45.00 42.64 1.639 times
12 Fri Apr 2024 45.26 47.39 47.39 44.56 0.379 times
10 Wed Apr 2024 45.21 44.86 46.00 44.86 0.232 times
09 Tue Apr 2024 45.51 45.55 47.25 43.05 2.275 times
08 Mon Apr 2024 45.28 47.00 47.00 44.90 0.429 times
05 Fri Apr 2024 45.89 44.79 46.50 43.71 0.965 times
04 Thu Apr 2024 44.13 46.00 46.00 43.60 0.667 times
03 Wed Apr 2024 44.22 43.00 45.30 42.95 0.827 times
02 Tue Apr 2024 42.98 43.97 44.50 42.71 0.944 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 45 as stoploss in an intra day sell trade for a target of 42.52. However, stock will show a bullish move above 45.

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 45.21
Upside Target 46.50
Upside Target 48.84
Upside Target 49.55
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 42.9
Downside Intraday Target 41.48
Upside Intraday Target 45.47
Upside Intraday Target 46.62
Downside Intraday Target 44.05

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
16 Tue Apr 2024 44.31 43.00 45.21 42.64 0.628 times
12 Fri Apr 2024 45.26 47.00 47.39 43.05 0.657 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

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
16 Tue Apr 2024 44.31 39.71 47.39 39.50 0.512 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Indo Rama in short term but BUY signal is weak.

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 44.81 and Indo Rama (IndoRama) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Indo Rama in short term but BUY signal is weak.

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 44.81 and Indo Rama (IndoRama) stock is trading below this level. This means that stock is falling with high volumes. 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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