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

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

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Dcm Shriram is 600123

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	216.25	213.40	219.20	210.35	0.306 times
21 Wed Feb 2024	211.55	217.80	222.90	210.05	0.708 times
20 Tue Feb 2024	217.00	228.00	228.00	215.50	0.375 times
19 Mon Feb 2024	222.75	215.45	226.95	215.45	0.572 times
16 Fri Feb 2024	214.85	226.85	227.45	213.55	0.579 times
15 Thu Feb 2024	223.40	215.00	225.00	212.80	1.193 times
14 Wed Feb 2024	212.60	208.00	218.70	205.20	1.426 times
13 Tue Feb 2024	209.30	186.00	212.85	183.30	1.798 times
12 Mon Feb 2024	190.35	196.80	203.55	182.65	1.202 times
09 Fri Feb 2024	197.20	202.00	204.90	186.90	0.956 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 214.2, but if it comes below 214.2, then a intra day sell could be more profitable.
If you take a sell trade below 214.2, then use 214.2 as stoploss and 201.08 as target. However if you take a buy trade in stock , then use 214.2 as stoploss and 229.9 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	116.25
Downside Target	119.95
Downside Target	149.50
Downside Target	171.70
Downside Target	176.95
Downside Target	182.65
Downside Target	198.80
Downside Target	199.00
Downside Target	208.00
Downside Target	210.05
Upside Target	227.45
Upside Target	228.00

Intraday share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Intraday Target	208.2
Downside Intraday Target	200.15
Upside Intraday Target	226.15
Upside Intraday Target	236.05
Upside Intraday Target	218.1

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	216.25	215.45	228.00	210.05	0.316 times
16 Fri Feb 2024	214.85	196.80	227.45	182.65	1.459 times
09 Fri Feb 2024	197.20	194.20	208.00	184.00	1.773 times
02 Fri Feb 2024	193.20	189.90	198.80	183.10	0.941 times
25 Thu Jan 2024	186.45	188.00	199.00	176.95	0.569 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 Dcm Shriram (DCMSRIND)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	216.25	186.40	228.00	182.65	0.809 times
31 Wed Jan 2024	185.10	153.30	199.00	150.10	1.247 times
29 Fri Dec 2023	153.30	166.80	171.70	149.50	0.794 times
30 Thu Nov 2023	165.50	125.45	172.45	119.95	2.35 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 (DCMSRIND)

Price action analysis of Dcm Shriram ( (DCMSRIND) ) 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 ( (DCMSRIND) ) 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 Dcm Shriram ( (DCMSRIND) ) based on a short to mid 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 Dcm Shriram ( (DCMSRIND) ) 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 Dcm Shriram stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Dcm Shriram in short term and the buy signal is strong.

Dcm Shriram Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dcm Shriram in short term and BUY signal is strong.

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 209.82 and Dcm Shriram (DCMSRIND) 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 Dcm Shriram (DCMSRIND) stock. Volume based technical analysis of Dcm Shriram (DCMSRIND) stock is negative.

Dcm Shriram 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.