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

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

10 day averaged volume of Shree Rama is 147669

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 28.35 29.45 29.95 27.60 0.738 times
16 Thu May 2024 28.85 29.90 30.00 28.20 2.674 times
15 Wed May 2024 28.60 28.00 28.60 27.00 1.904 times
14 Tue May 2024 27.25 25.95 27.30 25.30 0.964 times
13 Mon May 2024 26.00 26.20 26.25 24.00 0.599 times

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 28.9, for a target of 26.9 or 25.19

Share price targets for Shree Rama (SHREERAMA_BE)

Target Type Value
Downside Target 21.50
Downside Target 23.00
Downside Target 23.60
Downside Target 26.05
Downside Target 26.35
Downside Target 27.20
Downside Target 27.65
Upside Target 28.40
Upside Target 30.00
Upside Target 31.70
Upside Target 33.50

Intraday share price targets for Shree Rama (SHREERAMA_BE)

Target Type Value
Downside Intraday Target 24.9
Downside Intraday Target 21.45
Upside Intraday Target 30.9
Upside Intraday Target 33.45
Downside Intraday Target 27.45

Weekly technical analysis of Shree Rama (SHREERAMA_BE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 28.35 26.20 30.00 24.00 2.205 times
10 Fri May 2024 25.00 25.05 26.05 24.55 2.711 times
03 Fri May 2024 24.60 23.95 24.60 23.60 0.527 times
26 Fri Apr 2024 23.95 23.75 24.20 23.65 4.04 times
19 Fri Apr 2024 23.70 24.10 24.10 23.65 1.466 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shree Rama (SHREERAMA_BE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 28.35 24.15 30.00 24.00 1.897 times
30 Tue Apr 2024 23.70 23.00 27.65 23.00 0.546 times
28 Thu Mar 2024 23.55 28.05 28.40 21.50 0.516 times
29 Thu Feb 2024 27.40 31.00 33.50 26.35 0.629 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shree Rama (SHREERAMA_BE)

Indicator Name Indicator Value Indicator Signal
ADX 43, 13, 54 Buy
MACD 1, 0Buy
Stochastics 84Buy
CCI 109Sell
RSI 59Buy
OBV 970134Sell
VWAP 27Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama ( (SHREERAMA_BE) ) 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 Shree Rama ( (SHREERAMA_BE) ) based on a mid to longer 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.

ADX buy sell signal for Shree Rama stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shree 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.

Shree Rama 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 SELL signal for Shree Rama in short term but SELL 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

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

Stock of Shree 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 27.24 and Shree Rama (SHREERAMA_BE) 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 Shree Rama (SHREERAMA_BE) stock. Volume based technical analysis of Shree Rama (SHREERAMA_BE) stock is negative.

Shree 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.

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