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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 2024-02-29 View latest technical analysis

10 day averaged volume of Dcm Shriram is 325955

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	193.30	194.85	197.95	191.30	0.951 times
28 Wed Feb 2024	191.95	206.45	206.45	188.90	1.551 times
27 Tue Feb 2024	204.75	209.40	211.85	203.40	0.583 times
26 Mon Feb 2024	207.85	213.80	214.75	206.05	0.554 times
23 Fri Feb 2024	212.95	217.70	219.20	211.10	0.438 times
22 Thu Feb 2024	216.25	213.40	219.20	210.35	0.563 times
21 Wed Feb 2024	211.55	217.80	222.90	210.05	1.304 times
20 Tue Feb 2024	217.00	228.00	228.00	215.50	0.69 times
19 Mon Feb 2024	222.75	215.45	226.95	215.45	1.053 times
16 Fri Feb 2024	214.85	226.85	227.45	213.55	1.066 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 193.7, but if it comes above 193.7, then a intra day buy could be more profitable.
If you take a sell trade below 193.7, then use 193.7 as stoploss and 180.2 as target. However if you take a buy trade in stock , then use 193.7 as stoploss and 204.85 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	182.65
Downside Target	188.90
Upside Target	198.80
Upside Target	208.00
Upside Target	210.05
Upside Target	214.75
Upside Target	227.45
Upside Target	228.00

Intraday share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Intraday Target	183.22
Downside Intraday Target	173.13
Upside Intraday Target	209.07
Upside Intraday Target	224.83
Upside Intraday Target	198.98

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	193.30	213.80	214.75	188.90	0.899 times
23 Fri Feb 2024	212.95	215.45	228.00	210.05	0.355 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

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 Dcm Shriram (DCMSRIND)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	193.30	186.40	228.00	182.65	0.943 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 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 ( (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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Dcm Shriram in short term and SELL 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 207.96 and Dcm Shriram (DCMSRIND) 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 (DCMSRIND) stock. Volume based technical analysis of Dcm Shriram (DCMSRIND) stock is negative.

Dcm Shriram Stock has given negative 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.