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(DCMSHRIRAM) Dcm Shriram complete technical analysis [charts+indicators] | Buy/Sell Dcm Shriram | (DCMSHRIRAM) share price targets

Complete technical analysis of Dcm Shriram (DCMSHRIRAM) by charts plus indicators, forecast predictions and share price targets for Dcm Shriram (DCMSHRIRAM)

Dcm Shriram trades in NSE in Diversified sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Dcm Shriram is 46773

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	962.25	960.70	973.15	951.55	0.593 times
29 Thu Feb 2024	954.10	982.00	982.00	945.55	0.786 times
28 Wed Feb 2024	977.10	1006.90	1006.90	972.55	0.999 times
27 Tue Feb 2024	1004.05	983.30	1027.00	968.75	4.661 times
26 Mon Feb 2024	976.80	999.00	999.95	971.05	0.451 times
23 Fri Feb 2024	995.90	979.25	1001.00	974.75	0.967 times
22 Thu Feb 2024	972.75	974.20	984.15	965.85	0.448 times
21 Wed Feb 2024	969.35	981.00	981.20	964.30	0.442 times
20 Tue Feb 2024	974.50	978.50	984.95	970.00	0.395 times
19 Mon Feb 2024	978.50	987.00	994.50	973.25	0.462 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 968.4, but if it comes above 968.4, then a intra day buy could be more profitable.
If you take a sell trade below 968.4, then use 968.4 as stoploss and 949.6 as target. However if you take a buy trade in stock , then use 968.4 as stoploss and 984.01 as target.

Share price targets for Dcm Shriram (DCMSHRIRAM)

Target Type	Value
Downside Target	851.35
Downside Target	940.75
Upside Target	987.80
Upside Target	1001.00
Upside Target	1005.50
Upside Target	1027.00
Upside Target	1033.20
Upside Target	1042.05
Upside Target	1052.05
Upside Target	1145.95
Upside Target	1175.00

Intraday share price targets for Dcm Shriram (DCMSHRIRAM)

Target Type	Value
Downside Intraday Target	929.53
Downside Intraday Target	896.82
Upside Intraday Target	1010.98
Upside Intraday Target	1059.72
Upside Intraday Target	978.27

Weekly technical analysis of Dcm Shriram (DCMSHRIRAM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	962.25	999.00	1027.00	945.55	2.76 times
23 Fri Feb 2024	995.90	987.00	1001.00	964.30	0.817 times
16 Fri Feb 2024	982.45	1005.50	1005.50	955.15	0.849 times
09 Fri Feb 2024	998.35	1016.00	1033.20	976.10	0.579 times
02 Fri Feb 2024	1015.90	999.05	1052.05	987.80	1.001 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dcm Shriram (DCMSHRIRAM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	962.25	960.70	973.15	951.55	0.029 times
29 Thu Feb 2024	954.10	1042.00	1042.05	945.55	0.298 times
31 Wed Jan 2024	1039.95	1028.40	1175.00	965.10	0.552 times
29 Fri Dec 2023	1028.40	959.60	1145.95	940.75	3.766 times

Scroll below to view daily charts

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 Dcm Shriram (DCMSHRIRAM)

Price action analysis of Dcm Shriram ( (DCMSHRIRAM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram ( (DCMSHRIRAM) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Dcm Shriram stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Dcm Shriram in short term and the sell signal is strong.

Dcm Shriram Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Dcm Shriram in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Dcm Shriram is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 987.98 and Dcm Shriram (DCMSHRIRAM) 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 Dcm Shriram (DCMSHRIRAM) stock. Volume based technical analysis of Dcm Shriram (DCMSHRIRAM) stock is negative.

Dcm Shriram 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.