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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 2026-02-04 View latest technical analysis

10 day averaged volume of Rama Steel is 13705252

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Feb 2026	7.92	7.78	7.96	7.71	0.821 times
03 Tue Feb 2026	7.76	7.91	8.05	7.72	0.879 times
02 Mon Feb 2026	7.68	7.65	7.77	7.51	0.396 times
01 Sun Feb 2026	7.68	8.09	8.09	7.56	0.288 times
30 Fri Jan 2026	7.80	7.72	7.90	7.60	0.54 times
29 Thu Jan 2026	7.72	8.01	8.01	7.66	0.662 times
28 Wed Jan 2026	8.01	7.69	8.08	7.69	0.551 times
27 Tue Jan 2026	7.67	7.90	8.03	7.49	0.821 times
23 Fri Jan 2026	7.84	8.03	8.11	7.76	0.737 times
22 Thu Jan 2026	8.01	7.54	8.43	7.52	2.22 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7.7 as stoploss in an intra day buy trade for a target of 8.23. However, stock will show a bearish move below 7.7.

Share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Target	7.25
Downside Target	7.49
Upside Target	8.08
Upside Target	8.55
Upside Target	9.14
Upside Target	9.60
Upside Target	9.66
Upside Target	9.76
Upside Target	9.82
Upside Target	10.61
Upside Target	11.25
Upside Target	11.29

Intraday share price targets for Rama Steel (RAMASTEEL)

Target Type	Value
Downside Intraday Target	7.59
Downside Intraday Target	7.26
Upside Intraday Target	8.17
Upside Intraday Target	8.42
Downside Intraday Target	7.84

Weekly technical analysis of Rama Steel (RAMASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Feb 2026	7.92	8.09	8.09	7.51	0.927 times
30 Fri Jan 2026	7.80	7.90	8.08	7.49	0.327 times
23 Fri Jan 2026	7.84	9.04	9.22	7.25	4.375 times
16 Fri Jan 2026	9.05	8.65	9.14	8.55	0.729 times
09 Fri Jan 2026	8.71	9.50	9.60	8.61	0.848 times

Price has moved up 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
04 Wed Feb 2026	7.92	8.09	8.09	7.51	0.147 times
30 Fri Jan 2026	7.80	9.42	9.66	7.25	0.83 times
31 Wed Dec 2025	9.38	9.98	11.29	9.26	1.291 times
28 Fri Nov 2025	9.91	10.27	11.25	9.82	1.04 times

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Rama Steel ( (RAMASTEEL) ) based on a short to mid 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Rama Steel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rama Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rama Steel in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 7.85 and Rama Steel (RAMASTEEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.