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(SAURASHCEM) Saurashtra Cement complete technical analysis [charts+indicators] | Buy/Sell Saurashtra Cement | (SAURASHCEM) share price targets

Complete technical analysis of Saurashtra Cement (SAURASHCEM) by charts plus indicators, forecast predictions and share price targets for Saurashtra Cement (SAURASHCEM)

10 day averaged volume of Saurashtra Cement is 182192

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 117.50 116.05 118.80 116.05 0.069 times
17 Fri May 2024 116.75 115.70 118.85 115.30 0.495 times
16 Thu May 2024 115.40 115.85 117.50 114.65 0.429 times
15 Wed May 2024 115.35 115.35 117.70 114.00 0.423 times
14 Tue May 2024 115.10 116.35 117.30 114.50 0.42 times

My analysis of stock is bearish for shortterm, and stock might move down till 115.3 or till 110.2. Use a stoploss of 119.62 and if the stock hits stoploss, then it can shoot up till 123.91

Share price targets for Saurashtra Cement (SAURASHCEM)

Target Type Value
Downside Target 97.00
Downside Target 102.10
Downside Target 109.00
Downside Target 116.05
Upside Target 118.80
Upside Target 123.20
Upside Target 124.50
Upside Target 125.95
Upside Target 130.00
Upside Target 130.60

Intraday share price targets for Saurashtra Cement (SAURASHCEM)

Target Type Value
Downside Intraday Target 116.1
Downside Intraday Target 114.7
Upside Intraday Target 118.85
Upside Intraday Target 120.2
Downside Intraday Target 117.45

Weekly technical analysis of Saurashtra Cement (SAURASHCEM)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 117.50 116.05 118.80 116.05 0.027 times
17 Fri May 2024 116.75 115.25 118.85 112.50 0.292 times
10 Fri May 2024 115.25 119.10 125.95 111.10 1.558 times
03 Fri May 2024 118.95 124.70 130.00 116.25 1.059 times
26 Fri Apr 2024 120.80 129.40 130.60 118.80 0.418 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 Saurashtra Cement (SAURASHCEM)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 117.50 123.10 125.95 111.10 0.45 times
30 Tue Apr 2024 122.95 107.05 130.60 102.10 2.204 times
28 Thu Mar 2024 105.80 113.45 123.20 97.00 7.215 times
29 Thu Feb 2024 110.40 124.50 124.50 109.00 0 times

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 Saurashtra Cement (SAURASHCEM)

Indicator Name Indicator Value Indicator Signal
ADX 12, 16, 16 Sell
MACD 2, 3Sell
Stochastics 37None
CCI 18Buy
RSI 44Sell
OBV 686384Sell
VWAP 118Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Saurashtra Cement ( (SAURASHCEM) ) 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 Saurashtra Cement ( (SAURASHCEM) ) 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 Saurashtra Cement ( (SAURASHCEM) ) 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 Saurashtra Cement ( (SAURASHCEM) ) based on a mid to longer term time period is

ADX buy sell signal for Saurashtra Cement stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Saurashtra Cement 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 Saurashtra Cement 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

Stock of Saurashtra Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 117.66 and Saurashtra Cement (SAURASHCEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Saurashtra Cement (SAURASHCEM) stock. Volume based technical analysis of Saurashtra Cement (SAURASHCEM) stock is negative.

Saurashtra Cement 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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