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 |
19 Fri Apr 2024 | 12.25 | 11.95 to 12.45 | 0% | 0.49 times |
18 Thu Apr 2024 | 12.25 | 12.00 to 12.65 | 2.08% | 1.07 times |
16 Tue Apr 2024 | 12.00 | 11.70 to 12.40 | -1.23% | 1.26 times |
15 Mon Apr 2024 | 12.15 | 12.00 to 12.40 | -3.95% | 0.73 times |
12 Fri Apr 2024 | 12.65 | 12.45 to 12.90 | -1.17% | 0.94 times |
10 Wed Apr 2024 | 12.80 | 12.70 to 13.05 | -0.78% | 0.59 times |
09 Tue Apr 2024 | 12.90 | 12.80 to 13.30 | -3.01% | 1.27 times |
08 Mon Apr 2024 | 13.30 | 13.00 to 13.70 | 1.14% | 0.92 times |
05 Fri Apr 2024 | 13.15 | 13.00 to 13.30 | -1.5% | 0.72 times |
04 Thu Apr 2024 | 13.35 | 13.10 to 13.65 | -3.61% | 1.1 times |
03 Wed Apr 2024 | 13.85 | 13.80 to 14.30 | -1.07% | 1.4 times |
02 Tue Apr 2024 | 14.00 | 13.90 to 14.45 | -2.1% | 0.8 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...
Although my analysis for RAMA STEEL TUBES INR10 is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.7, for a target of 15.7 or 16.58