Stock analysis RAMA STEEL TUBES INR10 RAMASTEEL
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Recent prices of RAMASTEEL RAMA STEEL TUBES INR10 are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Thu Dec 2024 | 12.04 | 12.00 to 12.25 | -0.91% | 0.73 times |
| 24 Tue Dec 2024 | 12.15 | 12.10 to 12.33 | -0.74% | 0.78 times |
| 23 Mon Dec 2024 | 12.24 | 12.06 to 12.41 | 0.16% | 1.04 times |
| 20 Fri Dec 2024 | 12.22 | 12.03 to 12.68 | -2.71% | 1.14 times |
| 19 Thu Dec 2024 | 12.56 | 12.36 to 12.60 | -0.32% | 0.85 times |
| 18 Wed Dec 2024 | 12.60 | 12.55 to 12.83 | 0% | 1 times |
| 18 Wed Dec 2024 | 12.60 | 12.55 to 12.83 | -1.87% | 1 times |
| 17 Tue Dec 2024 | 12.84 | 12.80 to 13.00 | -1% | 0.88 times |
| 16 Mon Dec 2024 | 12.97 | 12.85 to 13.21 | -1.14% | 1.03 times |
| 13 Fri Dec 2024 | 13.12 | 12.91 to 13.20 | -0.91% | 1.12 times |
| 12 Thu Dec 2024 | 13.24 | 13.08 to 13.49 | -0.9% | 1.15 times |
| 11 Wed Dec 2024 | 13.36 | 13.33 to 13.55 | -1.18% | 0.96 times |
Technical analysis forecast for RAMA STEEL TUBES INR10 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 STEEL TUBES INR10 RAMASTEEL at this time. Stock is falling and might fall more.
It appears as if RAMA STEEL TUBES INR10 RAMASTEEL gave a large move recently.
Stock of RAMA STEEL TUBES INR10 (RAMASTEEL) 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 RAMA STEEL TUBES INR10 is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if RAMA STEEL TUBES INR10 stays below 12.1, but if it comes above 12.1, then a intra day buy could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.5 as target. However if you take a buy trade in RAMA STEEL TUBES INR10, then use 12.1 as stoploss and 12.69 as target.