Textile - Manmade Fibres

INDORAMA

Indo Rama Synthetics (India) Ltd.

Wait and Watch

Early Trend
Stage 2 VCP active

Setup readiness

Early Trend

32.0/100
Entry Zone
₹49.3-50.0
Support Level
₹45.3
Resistance
₹59.8
Risk / Reward
2.1 : 1
Risk Distance
9.4% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
60.0
ADX
46.0
Vol
10.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Developing setup

Some constructive elements are present, but leadership and breakout quality remain mixed.

Relative strength Neutral
Breakout readiness Low

Bullish factors

  • Price trades below the long-term trend anchor (200DMA).
  • Still materially below prior highs, which limits momentum quality.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • Pivot type: sloppy — lower follow-through expected.
  • RSI 62 — ideal setup zone.
  • Bull Flag (6.0pts) — flagpole + tight consolidation, continuation setup.
  • Intraday range is tightening — short-term compression.

Risk factors

  • Stop is 9% away — too wide to size well for a swing
  • 5 distribution days recently — institutional selling
  • Elevated failure risk (60/100)

Why not 100?

  • RS rank is below elite leadership band (<90)
  • Volume quality is not in top confirmation range yet

Overall view

The setup is still developing — leadership and trend alignment need further confirmation.

Trade management framework

Research framework only. Use your own risk controls.

  • If price moves +1R, consider reducing downside by moving stop closer to entry.
  • If price reaches around +1.5R to +2R, consider partial profit booking (for example 20-30%).
  • If trend extends beyond +2R, consider trailing below a fast trend reference (for example 21 EMA).
Size this trade

Setup research

INDORAMA — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

C
45/100 Mixed — needs patience

Why now

Building toward the pivot (7% below)

  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector RS Lagging group
  • Relative strength Building (RS 60)
  • Trend strength Strong (ADX 46)

What invalidates it

This idea is wrong below ₹45.3 (1.8% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹45.3
  • Pivot — failure re-entry below₹49.8

Risk distance

9.4% to stop
1.8× ATR
2.1× R:R
19.4% reward

Risk ≈ ₹4.72/share from entry ₹50.0.

Stop is wide (9%) for a swing — sizing will be small

Reasons to skip 3

Disqualifiers that apply even if the score looks good.

  • Stop is 9% away — too wide to size well for a swing
  • 5 distribution days recently — institutional selling
  • Elevated failure risk (60/100)

INDORAMA Support & Resistance Levels

Trader brief

What to understand

INDORAMA Entry, Stop-Loss & Targets

Research heuristic · not a buy/sell call

Low scanner score suggests weak or incomplete structure. Use this page for context, not as a primary trade candidate until the score and trend improve.

Setup quality Weak · 32.0
Entry readiness Early / wait · 40
AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Setup highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Setup metrics Weak

INDORAMA Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Weak · 32.2
Volume Profile bearish
POC₹45.81
VAH₹49.59
VAL₹37.61
Vol above POC18.9%
Institutional Activity — Distribution
Avg cost basis₹37.02
Acc zone₹29.0–44.5
Accumulation Sessions3
CMF-0.18

Structure

Trend / stage
Stage 2 (Early)
Stage 2
RS rank
60.0
Building
ADX
46.0
Strong

Momentum

RSI
62.0
Strong
Volume quality
10.0
Thin
Relative strength
Neutral
Strong

Risk

Failure risk
60.0
High risk
Distribution
5 day(s)
Distribution
Volatility
3 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 41.8%
VCP waves 3x
Vol dry-up No
Avg value ₹1.0 Cr
Failure flags Distribution cluster, Overhead supply, Deep base, Thin liquidity
Peer comparison Sector peers

Sector Peer Comparison

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INDORAMA FAQ Common swing-trading questions

Frequently asked questions about INDORAMA

Is INDORAMA a good swing trade right now?

On Swing Edge's swing-setup framework, Indo Rama Synthetics (India) Ltd. (INDORAMA) currently grades C — mixed — needs patience. Building toward the pivot (7% below). Flagged today. This is educational research, not investment advice.

What are INDORAMA's support and resistance levels?

For INDORAMA, near-term support sits around ₹45.3 (the base/stop zone); overhead resistance is around ₹49.8 (the breakout pivot); the next resistance above is ₹59.8. This is educational research, not investment advice.

What is the breakout / pivot level for INDORAMA?

The breakout pivot for INDORAMA is around ₹49.8. Price is about 7.3% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is INDORAMA above its 50-day and 200-day moving averages?

Yes — INDORAMA is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is INDORAMA versus the market (RS rank)?

INDORAMA has a relative strength (RS) rank of 60 out of 100 versus the NSE universe, making it building relative strength and outperforming the broader market. Trend strength (ADX) reads 46, indicating a strong trend. This is educational research, not investment advice.

What are the entry, stop-loss and target levels for INDORAMA?

Reference swing levels for INDORAMA: entry around ₹50.0, stop-loss around ₹45.3, targets at ₹59.8 and ₹72.7. That works out to roughly a 2.1:1 reward-to-risk on the first target. These are reference levels for study only — this is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-19 — not live intraday NSE quotes.