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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 123543

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 252.15 248.95 255.20 240.00 2.7 times
20 Mon May 2024 245.80 245.75 253.25 242.10 0.214 times
17 Fri May 2024 245.75 246.35 251.00 242.00 1.453 times
16 Thu May 2024 250.25 249.10 252.00 242.00 1.147 times
15 Wed May 2024 251.25 249.00 254.95 248.50 0.864 times

Stock of Rajoo Engin (RajooEngin) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 252, but if it comes below 252, then a intra day sell could be more profitable.
If you take a sell trade below 252, then use 252 as stoploss and 249.12 as target. However if you take a buy trade in stock , then use 252 as stoploss and 255.5 as target.

Share price targets for Rajoo Engin (RajooEngin)

Target Type Value
Downside Target 180.00
Downside Target 193.00
Downside Target 206.15
Downside Target 212.00
Downside Target 224.50
Downside Target 238.00
Downside Target 248.00
Upside Target 254.50
Upside Target 255.00
Upside Target 255.20
Upside Target 257.00
Upside Target 259.40

Intraday share price targets for Rajoo Engin (RajooEngin)

Target Type Value
Downside Intraday Target 243.03
Downside Intraday Target 233.92
Upside Intraday Target 258.23
Upside Intraday Target 264.32
Downside Intraday Target 249.12

Weekly technical analysis of Rajoo Engin (RajooEngin)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 252.15 245.75 255.20 240.00 0.599 times
17 Fri May 2024 245.75 252.00 259.40 242.00 1.121 times
10 Fri May 2024 251.05 248.00 254.50 242.25 0.576 times
03 Fri May 2024 249.25 245.95 257.00 238.00 0.467 times
26 Fri Apr 2024 245.60 250.00 255.00 224.50 1.335 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
21 Tue May 2024 252.15 252.80 259.40 240.00 0.284 times
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

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 Rajoo Engin (RajooEngin)

Indicator Name Indicator Value Indicator Signal
ADX 17, 11, 21 Buy
MACD 15, 17Sell
Stochastics 35None
CCI 9Buy
RSI 55Buy
OBV 604367Sell
VWAP 250Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Rajoo Engin ( (RajooEngin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

MACD generated a SELL signal for Rajoo Engin in short term but the sell signal is initial and weak.

Rajoo Engin 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rajoo Engin in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 250.27 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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Click here for further forecast and predictions for tomorrow

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