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(RAMASTEEL) Rama Steel complete technical analysis [charts+indicators] | Buy/Sell Rama Steel | (RAMASTEEL) share price targets

Complete technical analysis of Rama Steel (RAMASTEEL) by charts plus indicators, forecast predictions and share price targets for Rama Steel (RAMASTEEL)

Showing technical analysis as on 2025-05-06 View latest technical analysis

10 day averaged volume of Rama Steel is 10921186

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue May 2025	9.49	9.97	9.97	9.42	0.555 times
05 Mon May 2025	9.82	9.70	9.87	9.70	0.396 times
02 Fri May 2025	9.82	10.01	10.07	9.66	0.599 times
30 Wed Apr 2025	9.82	10.00	10.13	9.78	0.689 times
29 Tue Apr 2025	9.94	10.18	10.35	9.75	1.203 times
28 Mon Apr 2025	10.09	10.27	10.28	10.01	0.41 times
25 Fri Apr 2025	10.30	10.45	10.52	9.93	1.176 times
24 Thu Apr 2025	10.44	10.35	10.60	10.25	1.12 times
23 Wed Apr 2025	10.36	10.49	10.75	10.20	2.031 times
22 Tue Apr 2025	10.42	10.29	10.60	10.19	0.827 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.5, but if it comes above 9.5, then a intra day buy could be more profitable.
If you take a sell trade below 9.5, then use 9.5 as stoploss and 9 as target. However if you take a buy trade in stock , then use 9.5 as stoploss and 9.84 as target.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	8.50
Downside Target	9.36
Upside Target	9.66
Upside Target	10.07
Upside Target	10.35
Upside Target	10.55
Upside Target	10.75
Upside Target	10.90
Upside Target	12.07
Upside Target	13.45

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	9.28
Downside Intraday Target	9.08
Upside Intraday Target	9.83
Upside Intraday Target	10.18
Upside Intraday Target	9.63

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue May 2025	9.49	9.70	9.97	9.42	0.328 times
02 Fri May 2025	9.82	10.27	10.35	9.66	0.432 times
25 Fri Apr 2025	10.30	10.00	10.75	9.86	4.713 times
17 Thu Apr 2025	9.85	9.47	9.98	9.40	0.723 times
11 Fri Apr 2025	9.28	8.74	9.70	8.50	0.865 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rama Steel (RAMASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue May 2025	9.49	10.01	10.07	9.42	0.106 times
30 Wed Apr 2025	9.82	9.41	10.75	8.50	1.245 times
28 Fri Mar 2025	9.38	10.05	10.55	9.36	1.031 times
28 Fri Feb 2025	10.03	11.91	12.07	9.90	0.333 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rama Steel (RAMASTEEL)

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rama Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rama Steel in short term and the sell signal is strong.

Rama Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rama Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rama Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.14 and Rama Steel (RAMASTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rama Steel (RAMASTEEL) stock. Volume based technical analysis of Rama Steel (RAMASTEEL) stock is negative.

Rama Steel Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.