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

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

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Odisha Cement is 420540

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1695.25	1845.00	1845.00	1651.40	2.403 times
03 Mon Jun 2024	1858.00	1824.95	1882.00	1800.00	2.014 times
31 Fri May 2024	1775.70	1766.05	1784.95	1750.00	0.639 times
30 Thu May 2024	1767.35	1775.45	1779.90	1743.05	0.859 times
29 Wed May 2024	1775.45	1800.00	1810.95	1772.05	0.813 times
28 Tue May 2024	1801.55	1803.00	1811.90	1786.35	0.902 times
27 Mon May 2024	1807.65	1799.00	1811.95	1789.60	0.726 times
24 Fri May 2024	1792.45	1820.00	1822.45	1788.00	0.932 times
23 Thu May 2024	1812.30	1846.00	1846.00	1801.50	0.527 times
22 Wed May 2024	1846.85	1847.80	1856.30	1825.65	0.312 times

Stock of Odisha Cement (DALBHARAT) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1689.9, for a target of 1741.2 or 1784.04

Share price targets for Odisha Cement (DALBHARAT)

Target Type	Value
Downside Target	1651.40
Upside Target	1698.90
Upside Target	1743.05
Upside Target	1860.15
Upside Target	1882.00
Upside Target	1986.30
Upside Target	2058.90
Upside Target	2103.15
Upside Target	2300.00

Intraday share price targets for Odisha Cement (DALBHARAT)

Target Type	Value
Downside Intraday Target	1603.77
Downside Intraday Target	1512.28
Upside Intraday Target	1834.37
Upside Intraday Target	1973.48
Upside Intraday Target	1742.88

Weekly technical analysis of Odisha Cement (DALBHARAT)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1695.25	1824.95	1882.00	1651.40	1.121 times
31 Fri May 2024	1775.70	1799.00	1811.95	1743.05	0.974 times
24 Fri May 2024	1792.45	1828.00	1860.15	1788.00	1.477 times
18 Sat May 2024	1818.95	1720.00	1823.20	1698.90	0.713 times
10 Fri May 2024	1714.85	1811.00	1816.10	1705.00	0.958 times

Price has moved down 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 Odisha Cement (DALBHARAT)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1695.25	1824.95	1882.00	1651.40	0.26 times
31 Fri May 2024	1775.70	1841.15	1860.15	1698.90	0.606 times
30 Tue Apr 2024	1838.15	1942.05	2058.90	1767.05	1.746 times
28 Thu Mar 2024	1942.15	2025.00	2103.15	1803.15	0.84 times

Scroll below to view daily charts

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 Odisha Cement (DALBHARAT)

Price action analysis of Odisha Cement ( (DALBHARAT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Odisha Cement ( (DALBHARAT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Odisha Cement ( (DALBHARAT) ) 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 Odisha Cement stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Odisha Cement in short term and the sell signal is strong.

Odisha 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Odisha Cement in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Stock of Odisha 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 1782.48 and Odisha Cement (DALBHARAT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Odisha Cement Stock has given negative 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.