Homepage Active Options Active Stocks

Stock analysis Indo Rama Synthetics (India) Limited INDORAMA

More indepth analysis on MunafaSutra.com

Moving Averages for Indo Rama Synthetics (India) Limited

  • 5Day Average: 45.37
  • 12Day Average: 45.03
  • 20Day Average: 44.15
  • 50Day Average: 46.26
  • 100Day Average: 50.43
  • 150Day Average: 51.12
  • 200Day Average: 50.13

INDORAMA Indicators & signals

Indicator MACD (12,26,9)

44.88, 44.92, -0.43
Indicator MACD is in negative zone

Indicator ADX (14)

5.88, 21.74, 19.32
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INDORAMA Indo Rama Synthetics (India) Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 45.55 45.25 to 46.55 0.66% 0.86 times
25 Thu Apr 2024 45.25 44.75 to 45.80 -0.33% 0.36 times
24 Wed Apr 2024 45.40 45.00 to 46.50 -0.77% 0.87 times
23 Tue Apr 2024 45.75 45.20 to 46.35 1.89% 1.51 times
22 Mon Apr 2024 44.90 44.05 to 45.75 1.7% 1.93 times
19 Fri Apr 2024 44.15 43.50 to 44.80 -0.11% 0.57 times
18 Thu Apr 2024 44.20 43.70 to 46.90 0.11% 1.33 times
16 Tue Apr 2024 44.15 44.05 to 45.15 -1.56% 0.52 times
15 Mon Apr 2024 44.85 42.55 to 45.40 -0.88% 1.54 times
12 Fri Apr 2024 45.25 44.55 to 45.65 0.11% 0.59 times
10 Wed Apr 2024 45.20 45.00 to 46.00 -1.2% 0.78 times
09 Tue Apr 2024 45.75 43.00 to 47.40 1.33% 4.65 times

Technical analysis forecast of Indo Rama Synthetics (India) 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 Indo Rama Synthetics (India) Limited INDORAMA at this time. Stock is rising and might rise more.

It appears as if Indo Rama Synthetics (India) Limited INDORAMA gave a large move recently.

Stock of Indo Rama Synthetics (India) Limited (INDORAMA) 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 Indo Rama Synthetics (India) Limited is bullish for shortterm, and stock might move up till 46.8 or till 49.3. Use a stoploss of 44.72 and if this stock hits its stoploss, then it can fall down till 42.63

More indepth analysis on MunafaSutra.com