Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RoyalInd) Royal Ind complete technical analysis [charts+indicators] | Buy/Sell Royal Ind | (RoyalInd) share price targets

Complete technical analysis of Royal Ind (RoyalInd) by charts plus indicators, forecast predictions and share price targets for Royal Ind (RoyalInd)

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Royal Ind is 10364

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 8.22 8.22 8.22 8.22 1.121 times
29 Thu Feb 2024 8.06 8.06 8.06 8.06 0.497 times
28 Wed Feb 2024 7.91 7.91 7.91 7.91 0.68 times
27 Tue Feb 2024 7.76 7.76 7.76 7.76 1.772 times
26 Mon Feb 2024 7.61 7.61 7.61 7.61 0.428 times
23 Fri Feb 2024 7.47 7.47 7.47 7.47 1.042 times
22 Thu Feb 2024 7.33 7.33 7.33 7.33 0.932 times
21 Wed Feb 2024 7.19 7.19 7.19 7.19 1.663 times
20 Tue Feb 2024 7.05 7.05 7.05 7.05 1.575 times
19 Mon Feb 2024 6.92 6.92 6.92 6.92 0.776 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.7, but if it comes below 7.7, then a intra day sell could be more profitable.
If you take a sell trade below 7.7, then use 7.7 as stoploss and 6.9 as target. However if you take a buy trade in stock , then use 7.7 as stoploss and 8.6 as target.

Share price targets for Royal Ind (RoyalInd)

Target Type Value
Downside Target 3.00
Downside Target 3.12
Downside Target 3.50
Downside Target 3.60
Downside Target 4.44
Downside Target 4.91
Downside Target 5.30
Downside Target 5.61
Downside Target 6.17
Downside Target 6.79
Downside Target 7.47
Downside Target 8.06
Downside Target 8.22

Intraday share price targets for Royal Ind (RoyalInd)

Target Type Value
Downside Intraday Target 7.81
Downside Intraday Target 7.41
Upside Intraday Target 8.42
Upside Intraday Target 8.63
Downside Intraday Target 8.02

Weekly technical analysis of Royal Ind (RoyalInd)

Date Weekly Closing Price Open High Low Volume
01 Fri Mar 2024 8.22 7.61 8.22 7.61 0.751 times
23 Fri Feb 2024 7.47 6.92 7.47 6.92 0.774 times
16 Fri Feb 2024 6.79 6.29 6.79 6.25 2.118 times
09 Fri Feb 2024 6.17 5.72 6.17 5.72 0.145 times
02 Fri Feb 2024 5.61 4.91 5.61 4.91 0.403 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 Royal Ind (RoyalInd)

Date Monthly Closing Price Open High Low Volume
01 Fri Mar 2024 8.22 8.22 8.22 8.22 0.03 times
29 Thu Feb 2024 8.06 5.30 8.06 5.30 0.362 times
31 Wed Jan 2024 5.40 3.91 5.40 3.50 3.249 times
29 Fri Dec 2023 3.98 3.19 4.44 3.00 3.511 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 Royal Ind (RoyalInd)

Price action analysis of Royal Ind ( (RoyalInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Royal Ind ( (RoyalInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Royal Ind ( (RoyalInd) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Royal Ind ( (RoyalInd) ) 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 Royal Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Royal Ind 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.

Royal Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Royal Ind 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

Stock of Royal Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.5 and Royal Ind (RoyalInd) 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 Royal Ind (RoyalInd) stock. Volume based technical analysis of Royal Ind (RoyalInd) stock is negative.

Royal Ind 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 Royal Ind ( (RoyalInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Royal Ind ( (RoyalInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Royal Ind ( (RoyalInd) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Royal Ind ( (RoyalInd) ) 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 Royal Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Royal Ind 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.

Royal Ind Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Royal Ind 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

Stock of Royal Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.5 and Royal Ind (RoyalInd) 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 Royal Ind (RoyalInd) stock. Volume based technical analysis of Royal Ind (RoyalInd) stock is negative.

Royal Ind 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 Royal Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme