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(RajooEngin) Rajoo Engin complete technical analysis [charts+indicators] | Buy/Sell Rajoo Engin | (RajooEngin) share price targets

Complete technical analysis of Rajoo Engin (RajooEngin) by charts plus indicators, forecast predictions and share price targets for Rajoo Engin (RajooEngin)

10 day averaged volume of Rajoo Engin is 381053

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 251.15 254.00 254.00 244.00 1.018 times
29 Mon Apr 2024 254.20 245.95 257.00 238.00 0.774 times
26 Fri Apr 2024 245.60 247.80 247.80 232.60 1.06 times
25 Thu Apr 2024 244.35 255.00 255.00 240.00 0.364 times
24 Wed Apr 2024 246.60 243.95 247.55 238.15 0.38 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 243.8, but if it comes below 243.8, then a intra day sell could be more profitable.
If you take a sell trade below 243.8, then use 243.8 as stoploss and 225.49 as target. However if you take a buy trade in stock , then use 243.8 as stoploss and 265.8 as target.

Share price targets for Rajoo Engin (RajooEngin)

Target Type Value
Downside Target 173.10
Downside Target 180.00
Downside Target 193.00
Downside Target 206.15
Downside Target 219.55
Downside Target 234.30
Downside Target 238.00
Downside Target 242.75
Downside Target 248.00
Upside Target 255.00
Upside Target 257.00

Intraday share price targets for Rajoo Engin (RajooEngin)

Target Type Value
Downside Intraday Target 240.43
Downside Intraday Target 229.72
Upside Intraday Target 259.43
Upside Intraday Target 267.72
Downside Intraday Target 248.72

Weekly technical analysis of Rajoo Engin (RajooEngin)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 251.15 245.95 257.00 238.00 0.343 times
26 Fri Apr 2024 245.60 250.00 255.00 224.50 1.335 times
19 Fri Apr 2024 240.10 218.00 242.75 210.45 1.639 times
12 Fri Apr 2024 220.70 212.50 220.70 206.70 0.849 times
05 Fri Apr 2024 211.50 194.00 219.55 182.55 4.673 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 Rajoo Engin (RajooEngin)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 251.15 194.00 257.00 182.55 3.906 times
28 Thu Mar 2024 194.90 195.10 206.15 180.00 0.46 times
29 Thu Feb 2024 195.10 203.10 248.00 193.00 0.637 times
31 Wed Jan 2024 199.10 208.35 212.00 184.80 1.083 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rajoo Engin (RajooEngin)

Indicator Name Indicator Value Indicator Signal
ADX 29, 12, 41 Buy
MACD 22, 18Buy
Stochastics 87Buy
CCI 99Sell
RSI 61Buy
OBV 3200423Sell
VWAP 241Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Rajoo Engin ( (RajooEngin) ) based on a short 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 Rajoo Engin ( (RajooEngin) ) based on a short 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 Rajoo Engin ( (RajooEngin) ) 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 Rajoo Engin ( (RajooEngin) ) based on a mid to longer 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.

ADX buy sell signal for Rajoo Engin stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Rajoo Engin in short term and the buy signal is strong.

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

Rajoo Engin Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Rajoo Engin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Rajoo Engin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 241.17 and Rajoo Engin (RajooEngin) 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 Rajoo Engin (RajooEngin) stock. Volume based technical analysis of Rajoo Engin (RajooEngin) stock is negative.

Rajoo Engin Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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