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 2024-12-16 View latest technical analysis

10 day averaged volume of Royal Ind is 46960

Date Daily Closing Price Open High Low Volume
16 Mon Dec 2024 29.49 29.49 30.68 29.49 2.36 times
13 Fri Dec 2024 30.09 28.60 31.00 28.50 1.051 times
12 Thu Dec 2024 29.99 30.20 30.67 28.01 1.729 times
11 Wed Dec 2024 29.21 29.24 29.28 28.50 2.226 times
10 Tue Dec 2024 27.89 27.80 27.89 27.77 0.715 times
09 Mon Dec 2024 26.57 25.60 26.57 25.00 0.645 times
06 Fri Dec 2024 25.31 25.79 25.79 24.10 0.452 times
05 Thu Dec 2024 25.30 25.90 25.90 24.61 0.437 times
04 Wed Dec 2024 25.71 25.12 25.71 24.15 0.934 times
03 Tue Dec 2024 24.49 24.50 24.50 23.06 0.599 times

Stock of Royal Ind (RoyalInd) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.1, but if it comes below 28.1, then a intra day sell could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 26 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 30.6 as target.

Share price targets for Royal Ind (RoyalInd)

Target Type Value
Downside Target 22.72
Downside Target 23.90
Downside Target 25.00
Downside Target 25.90
Downside Target 27.00
Downside Target 28.18
Downside Target 29.49
Upside Target 30.68
Upside Target 31.00
Upside Target 32.55
Upside Target 35.46
Upside Target 40.02
Upside Target 47.12
Upside Target 56.06

Intraday share price targets for Royal Ind (RoyalInd)

Target Type Value
Downside Intraday Target 29.09
Downside Intraday Target 28.7
Upside Intraday Target 30.28
Upside Intraday Target 31.08
Upside Intraday Target 29.89

Weekly technical analysis of Royal Ind (RoyalInd)

Date Weekly Closing Price Open High Low Volume
16 Mon Dec 2024 29.49 29.49 30.68 29.49 0.371 times
13 Fri Dec 2024 30.09 25.60 31.00 25.00 1.752 times
06 Fri Dec 2024 25.31 23.99 25.90 23.06 2.464 times
29 Fri Nov 2024 23.51 24.84 26.20 22.72 1.055 times
22 Fri Nov 2024 25.35 26.14 27.00 23.90 0.161 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 Royal Ind (RoyalInd)

Date Monthly Closing Price Open High Low Volume
16 Mon Dec 2024 29.49 23.99 31.00 23.06 0.814 times
29 Fri Nov 2024 23.51 27.07 28.18 22.72 0.683 times
31 Thu Oct 2024 27.76 37.80 40.02 26.04 0.473 times
30 Mon Sep 2024 38.56 41.13 47.12 32.55 1.451 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 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 Royal Ind ( (RoyalInd) ) 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 Royal Ind ( (RoyalInd) ) 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 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 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.

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

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

Although the stock is in the SELL zone, but selling might be slowing down

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 28.38 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 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 Royal Ind ( (RoyalInd) ) 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 Royal Ind ( (RoyalInd) ) 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 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 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.

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

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

Although the stock is in the SELL zone, but selling might be slowing down

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 28.38 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