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Stock analysis Ram Ratna Wires Limited RAMRAT

More indepth analysis on MunafaSutra.com

Moving Averages for Ram Ratna Wires Limited

  • 5Day Average: 384.64
  • 12Day Average: 380.65
  • 20Day Average: 364.02
  • 50Day Average: 311.54
  • 100Day Average: 305.35
  • 150Day Average: 294.02
  • 200Day Average: 293.54

RAMRAT Indicators & signals

Indicator MACD (12,26,9)

374.36, 353.26, 22.08
Indicator MACD is in positive zone

Indicator ADX (14)

51, 25.4, 8.24
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAMRAT Ram Ratna Wires Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 379.85 378.00 to 395.00 -0.87% 0.32 times
16 Thu May 2024 383.20 381.00 to 396.00 -1.22% 0.39 times
15 Wed May 2024 387.95 380.20 to 395.00 0.78% 0.55 times
14 Tue May 2024 384.95 375.00 to 403.00 -0.59% 1.81 times
13 Mon May 2024 387.25 372.20 to 392.00 2.03% 0.6 times
10 Fri May 2024 379.55 366.10 to 384.00 3.34% 0.52 times
09 Thu May 2024 367.30 362.20 to 384.40 -3.06% 0.5 times
08 Wed May 2024 378.90 359.25 to 387.80 3.45% 0.98 times
07 Tue May 2024 366.25 359.95 to 385.00 -2.29% 0.67 times
06 Mon May 2024 374.85 369.00 to 405.80 -2.19% 1.19 times
03 Fri May 2024 383.25 380.25 to 403.10 -2.86% 2.8 times
02 Thu May 2024 394.55 366.00 to 411.45 13.77% 21.43 times

Technical analysis forecast of Ram Ratna Wires Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ram Ratna Wires Limited RAMRAT at this time. Stock is rising and might rise more.

It appears as if Ram Ratna Wires Limited RAMRAT gave a large move recently.

Stock of Ram Ratna Wires Limited (RAMRAT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Ram Ratna Wires Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 383.6 as stoploss in an intra day sell trade for a target of 361.85. However, stock will show a bullish move above 383.6.

More indepth analysis on MunafaSutra.com