Stock analysis Rama Phosphates Limited RAMAPHO
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Recent prices of RAMAPHO Rama Phosphates Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 02 Thu May 2024 | 175.65 | 175.00 to 184.45 | -2.25% | 2.24 times |
| 30 Tue Apr 2024 | 179.70 | 179.00 to 183.30 | -0.06% | 0.43 times |
| 29 Mon Apr 2024 | 179.80 | 179.00 to 184.45 | -1.13% | 1.44 times |
| 26 Fri Apr 2024 | 181.85 | 180.60 to 188.00 | -2.05% | 1.82 times |
| 25 Thu Apr 2024 | 185.65 | 183.50 to 186.00 | 0.08% | 0.44 times |
| 24 Wed Apr 2024 | 185.50 | 182.45 to 190.00 | 0.35% | 1.81 times |
| 23 Tue Apr 2024 | 184.85 | 182.55 to 188.90 | -0.96% | 0.79 times |
| 22 Mon Apr 2024 | 186.65 | 177.65 to 191.35 | 5.6% | 1.49 times |
| 19 Fri Apr 2024 | 176.75 | 175.25 to 180.70 | -0.45% | 0.85 times |
| 18 Thu Apr 2024 | 177.55 | 177.10 to 181.55 | -0.73% | 0.5 times |
| 16 Tue Apr 2024 | 178.85 | 178.05 to 182.05 | 0.36% | 0.43 times |
| 15 Mon Apr 2024 | 178.20 | 176.95 to 181.40 | -3.65% | 1.13 times |
Technical analysis forecast for Rama Phosphates 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 Rama Phosphates Limited RAMAPHO at this time. Stock is falling and might fall more.
It appears as if Rama Phosphates Limited RAMAPHO gave a large move recently.
Stock of Rama Phosphates Limited (RAMAPHO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Rama Phosphates Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rama Phosphates Limited stays below 176.3, but if it comes above 176.3, then a intra day buy could be more profitable.
If you take a sell trade below 176.3, then use 176.3 as stoploss and 170.8 as target. However if you take a buy trade in Rama Phosphates Limited, then use 176.3 as stoploss and 180.83 as target.