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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)

10 day averaged volume of Indo Rama is 17251

Date Daily Closing Price Open High Low Volume
20 Thu Jun 2024 46.61 42.79 47.45 42.78 2.376 times
19 Wed Jun 2024 42.71 43.99 43.99 42.04 1.374 times
18 Tue Jun 2024 43.36 43.52 45.35 43.25 0.436 times
14 Fri Jun 2024 42.96 43.80 43.80 42.75 1.109 times
13 Thu Jun 2024 42.96 43.80 43.80 42.75 1.109 times
12 Wed Jun 2024 43.35 43.80 43.80 42.85 1.482 times
11 Tue Jun 2024 42.52 41.80 42.95 41.80 0.815 times
10 Mon Jun 2024 42.14 41.50 43.20 41.50 1.835 times
07 Fri Jun 2024 41.83 40.50 42.29 40.50 0.581 times
06 Thu Jun 2024 40.75 40.25 41.90 40.25 0.775 times

Stock of Indo Rama (IndoRama) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 45.4, for a target of 43.5 or 41.89

Share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Target 37.50
Downside Target 39.50
Downside Target 41.50
Downside Target 42.95
Downside Target 43.80
Downside Target 45.70
Upside Target 47.39
Upside Target 47.45
Upside Target 49.55
Upside Target 52.83
Upside Target 66.00

Intraday share price targets for Indo Rama (IndoRama)

Target Type Value
Downside Intraday Target 43.28
Downside Intraday Target 39.96
Upside Intraday Target 48.69
Upside Intraday Target 50.78
Downside Intraday Target 45.37

Weekly technical analysis of Indo Rama (IndoRama)

Date Weekly Closing Price Open High Low Volume
20 Thu Jun 2024 46.61 43.52 47.45 42.04 0.659 times
14 Fri Jun 2024 42.96 41.50 43.80 41.50 1.161 times
07 Fri Jun 2024 41.83 43.80 43.80 38.00 4.737 times
31 Fri May 2024 40.34 42.00 42.95 40.10 0.391 times
24 Fri May 2024 41.86 43.70 43.70 41.66 0.489 times

Price has moved up 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
20 Thu Jun 2024 46.61 43.80 47.45 38.00 1.164 times
31 Fri May 2024 40.34 45.50 45.70 40.10 0.366 times
30 Tue Apr 2024 45.42 39.71 47.39 39.50 0.679 times
28 Thu Mar 2024 38.93 52.83 52.83 37.50 0.796 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 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 43.37 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.

Price action analysis of Indo Rama ( (IndoRama) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 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 43.37 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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