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

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

10 day averaged volume of Rajrayon is 10792

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 21.98 21.99 21.99 21.75 0.373 times
13 Thu Jun 2024 21.98 21.99 21.99 21.75 0.373 times
12 Wed Jun 2024 21.75 21.02 21.75 21.00 0.84 times
11 Tue Jun 2024 21.33 20.96 21.37 20.90 1.315 times
10 Mon Jun 2024 20.96 20.94 20.96 20.65 1.517 times
07 Fri Jun 2024 20.55 20.30 20.55 19.75 1.597 times
06 Thu Jun 2024 20.15 20.39 20.48 19.69 1.011 times
05 Wed Jun 2024 20.09 20.09 20.50 20.09 0.342 times
04 Tue Jun 2024 20.49 20.51 21.15 20.49 0.953 times
03 Mon Jun 2024 20.90 21.40 21.49 20.90 1.155 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.9, but if it comes below 21.9, then a intra day sell could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 21.28 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 22.6 as target.

Share price targets for Rajrayon (Rajrayon)

Target Type Value
Downside Target 19.02
Downside Target 19.69
Downside Target 20.52
Downside Target 21.27
Upside Target 21.99
Upside Target 22.44
Upside Target 22.55
Upside Target 22.59
Upside Target 23.20
Upside Target 24.88
Upside Target 28.18
Upside Target 31.08

Intraday share price targets for Rajrayon (Rajrayon)

Target Type Value
Downside Intraday Target 21.09
Downside Intraday Target 20.2
Upside Intraday Target 22.43
Upside Intraday Target 22.88
Downside Intraday Target 21.54

Weekly technical analysis of Rajrayon (Rajrayon)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 21.98 20.94 21.99 20.65 0.873 times
07 Fri Jun 2024 20.55 21.40 21.49 19.69 1.303 times
31 Fri May 2024 21.32 21.95 22.13 20.52 1.464 times
24 Fri May 2024 21.52 22.44 22.44 21.46 1.052 times
18 Sat May 2024 22.01 22.00 22.55 21.36 0.632 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 Rajrayon (Rajrayon)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 21.98 21.40 21.99 19.69 0.583 times
31 Fri May 2024 21.32 23.20 23.20 20.52 0.283 times
30 Tue Apr 2024 23.04 22.14 24.88 21.27 0.94 times
28 Thu Mar 2024 22.59 28.73 31.08 22.59 0.236 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 Rajrayon (Rajrayon)

Price action analysis of Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

ADX buy sell signal for Rajrayon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rajrayon 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.

Rajrayon 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 coming down

CCI has generated a SELL signal for Rajrayon in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rajrayon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.92 and Rajrayon (Rajrayon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Rajrayon (Rajrayon) stock. Volume based technical analysis of Rajrayon (Rajrayon) stock is negative.

Rajrayon 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 Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

ADX buy sell signal for Rajrayon stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rajrayon 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.

Rajrayon 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 coming down

CCI has generated a SELL signal for Rajrayon in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rajrayon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.92 and Rajrayon (Rajrayon) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Rajrayon (Rajrayon) stock. Volume based technical analysis of Rajrayon (Rajrayon) stock is negative.

Rajrayon 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 Rajrayon charts

Click here for further forecast and predictions for tomorrow

Daily charts

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