Stock analysis Indo Rama Synthetics (India) Limited INDORAMA
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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 |
| 25 Tue Feb 2025 | 38.02 | 37.77 to 39.46 | -1.14% | 0.65 times |
| 24 Mon Feb 2025 | 38.46 | 38.05 to 39.52 | -1.69% | 0.53 times |
| 21 Fri Feb 2025 | 39.12 | 38.61 to 40.89 | -2.9% | 0.5 times |
| 20 Thu Feb 2025 | 40.29 | 39.76 to 40.75 | 0.02% | 0.4 times |
| 19 Wed Feb 2025 | 40.28 | 38.00 to 40.70 | 4.33% | 0.9 times |
| 18 Tue Feb 2025 | 38.61 | 38.39 to 39.80 | -1.23% | 0.82 times |
| 17 Mon Feb 2025 | 39.09 | 38.76 to 39.99 | -0.61% | 0.56 times |
| 14 Fri Feb 2025 | 39.33 | 38.39 to 40.50 | -1.21% | 0.85 times |
| 13 Thu Feb 2025 | 39.81 | 39.70 to 41.89 | -3.63% | 0.94 times |
| 12 Wed Feb 2025 | 41.31 | 40.27 to 42.99 | -2.36% | 2.23 times |
| 11 Tue Feb 2025 | 42.31 | 39.55 to 43.36 | -1.35% | 2.27 times |
| 10 Mon Feb 2025 | 42.89 | 42.60 to 45.95 | 0.12% | 2.48 times |
Technical analysis forecast for Indo Rama Synthetics (India) Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Indo Rama Synthetics (India) Limited INDORAMA at this time. Stock is falling and might fall 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Indo Rama Synthetics (India) Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Indo Rama Synthetics (India) Limited stays below 38.5, but if it comes above 38.5, then a intra day buy could be more profitable.
If you take a sell trade below 38.5, then use 38.5 as stoploss and 36.6 as target. However if you take a buy trade in Indo Rama Synthetics (India) Limited, then use 38.5 as stoploss and 40.16 as target.