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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 2024-03-15 View latest technical analysis

10 day averaged volume of Dcm Shriram is 304824

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	175.40	176.00	179.85	171.95	0.629 times
14 Thu Mar 2024	175.85	163.30	178.20	158.00	1.848 times
13 Wed Mar 2024	165.80	174.30	177.10	162.35	1.977 times
12 Tue Mar 2024	173.90	175.00	177.55	168.15	1.422 times
11 Mon Mar 2024	174.45	183.05	186.70	172.05	1.264 times
07 Thu Mar 2024	182.85	180.00	186.95	179.70	0.52 times
06 Wed Mar 2024	180.65	184.00	186.00	176.15	1.224 times
05 Tue Mar 2024	187.05	189.85	195.65	182.10	0.752 times
04 Mon Mar 2024	190.10	195.00	197.45	188.10	0.558 times
02 Sat Mar 2024	193.45	196.10	197.00	184.50	0.101 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 177.1, but if it comes above 177.1, then a intra day buy could be more profitable.
If you take a sell trade below 177.1, then use 177.1 as stoploss and 157.3 as target. However if you take a buy trade in stock , then use 177.1 as stoploss and 193.6 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	119.95
Downside Target	149.50
Downside Target	158.00
Downside Target	171.70
Upside Target	176.15
Upside Target	182.65
Upside Target	197.45
Upside Target	199.00
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	160.03
Downside Intraday Target	144.67
Upside Intraday Target	188.73
Upside Intraday Target	202.07
Downside Intraday Target	173.37

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	175.40	183.05	186.70	158.00	2.338 times
07 Thu Mar 2024	182.85	195.00	197.45	176.15	0.706 times
02 Sat Mar 2024	193.45	213.80	214.75	184.50	1 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

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 (DCMSRIND)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	175.40	194.95	197.65	158.00	0.346 times
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

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 Dcm Shriram (DCMSRIND)

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 losing momentum.

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

Dcm Shriram 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 below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 176.14 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.