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

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

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

Showing technical analysis as on 2023-09-22 View latest technical analysis

10 day averaged volume of Shree Rama is 37515

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	19.02	19.02	19.02	19.00	0.231 times
21 Thu Sep 2023	18.65	18.80	18.80	18.65	0.539 times
20 Wed Sep 2023	18.98	18.98	19.00	18.98	0.344 times
18 Mon Sep 2023	19.36	20.14	20.14	19.36	0.796 times
15 Fri Sep 2023	19.75	19.75	19.75	19.75	3.399 times
14 Thu Sep 2023	19.37	19.37	19.37	19.37	0.096 times
13 Wed Sep 2023	19.76	19.76	19.76	19.76	0.062 times
12 Tue Sep 2023	20.16	20.16	20.16	20.16	0.277 times
11 Mon Sep 2023	20.57	20.61	20.61	20.57	0.502 times
08 Fri Sep 2023	20.98	20.98	20.98	20.98	1.788 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.1, but if it comes above 19.1, then a intra day buy could be more profitable.
If you take a sell trade below 19.1, then use 19.1 as stoploss and 18 as target. However if you take a buy trade in stock , then use 19.1 as stoploss and 20 as target.

Share price targets for Shree Rama (ShreeRama)

Target Type	Value
Downside Target	9.87
Downside Target	10.27
Downside Target	12.20
Downside Target	15.15
Downside Target	17.10
Downside Target	18.65
Upside Target	20.14
Upside Target	20.51
Upside Target	20.55
Upside Target	20.61
Upside Target	20.96
Upside Target	22.15

Intraday share price targets for Shree Rama (ShreeRama)

Target Type	Value
Downside Intraday Target	18.4
Downside Intraday Target	17.78
Upside Intraday Target	19.89
Upside Intraday Target	20.76
Upside Intraday Target	19.27

Weekly technical analysis of Shree Rama (ShreeRama)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	19.02	20.14	20.14	18.65	0.44 times
15 Fri Sep 2023	19.75	20.61	20.61	19.37	0.317 times
08 Fri Sep 2023	20.98	20.96	22.15	20.96	1.681 times
01 Fri Sep 2023	20.55	19.08	20.55	19.08	0.96 times
25 Fri Aug 2023	18.71	17.12	18.71	17.12	5.449 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 Shree Rama (ShreeRama)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	19.02	20.55	22.15	18.65	1.013 times
31 Thu Aug 2023	20.15	17.65	20.23	17.10	0.382 times
31 Mon Jul 2023	17.65	15.90	20.51	15.35	2.47 times
30 Fri Jun 2023	15.15	10.26	15.15	9.87	4.029 times

Scroll below to view daily charts

Price has moved down 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 Shree Rama (ShreeRama)

Price action analysis of Shree Rama ( (ShreeRama) ) based on a short 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.

Price action analysis of Shree Rama ( (ShreeRama) ) based on a short to mid 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.

Price action analysis of Shree Rama ( (ShreeRama) ) 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 Shree Rama stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shree Rama in short term but the sell signal is initial and weak.

Shree Rama Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shree Rama is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.92 and Shree Rama (ShreeRama) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Shree Rama Stock has given negative 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.