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(SAURASHCEM) Saurashtra Cem complete technical analysis [charts+indicators] | Buy/Sell Saurashtra Cem | (SAURASHCEM) share price targets

Complete technical analysis of Saurashtra Cem (SAURASHCEM) by charts plus indicators, forecast predictions and share price targets for Saurashtra Cem (SAURASHCEM)

Saurashtra Cem trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-07-11 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 464873

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	135.02	133.32	135.99	132.52	0.346 times
10 Wed Jul 2024	133.95	135.00	138.79	128.70	0.43 times
09 Tue Jul 2024	135.96	134.00	137.40	132.25	0.605 times
08 Mon Jul 2024	133.72	135.39	138.99	133.20	0.378 times
05 Fri Jul 2024	135.40	135.00	136.84	134.20	0.343 times
04 Thu Jul 2024	134.84	136.00	137.87	133.38	0.627 times
03 Wed Jul 2024	135.63	138.30	139.36	134.40	0.363 times
02 Tue Jul 2024	136.91	140.60	144.80	135.02	1.487 times
01 Mon Jul 2024	137.81	134.90	140.00	132.53	0.933 times
28 Fri Jun 2024	134.50	134.80	136.70	132.99	0.863 times

My analysis of stock is bearish for shortterm, and stock might move down till 132.2 or till 128.5. Use a stoploss of 135.2 and if the stock hits stoploss, then it can shoot up till 138.24

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	102.10
Downside Target	110.10
Downside Target	113.44
Downside Target	123.20
Downside Target	126.31
Upside Target	138.99
Upside Target	141.37
Upside Target	141.80
Upside Target	144.80
Upside Target	148.86

Intraday share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Intraday Target	129.48
Downside Intraday Target	123.95
Upside Intraday Target	139.77
Upside Intraday Target	144.53
Downside Intraday Target	134.24

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	135.02	135.39	138.99	128.70	0.469 times
05 Fri Jul 2024	135.40	134.90	144.80	132.53	0.359 times
28 Fri Jun 2024	134.50	131.25	141.37	126.31	2.76 times
21 Fri Jun 2024	131.23	138.99	141.80	127.50	0.242 times
14 Fri Jun 2024	137.81	114.60	148.86	113.44	7.074 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 Saurashtra Cem (SAURASHCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	135.02	134.90	144.80	128.70	0.172 times
28 Fri Jun 2024	134.50	115.95	148.86	95.70	3.377 times
31 Fri May 2024	113.60	123.10	128.80	110.10	0.828 times
30 Tue Apr 2024	122.95	107.05	130.60	102.10	2.204 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 Saurashtra Cem (SAURASHCEM)

Price action analysis of Saurashtra Cem ( (SAURASHCEM) ) 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 Saurashtra Cem ( (SAURASHCEM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Saurashtra Cem ( (SAURASHCEM) ) 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 Saurashtra Cem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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

CCI has generated a buy signal for Saurashtra Cem 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 negative zone. This is the SELL zone

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

Stock of Saurashtra Cem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 135.78 and Saurashtra Cem (SAURASHCEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Saurashtra Cem (SAURASHCEM) stock. Volume based technical analysis of Saurashtra Cem (SAURASHCEM) stock is negative.

Saurashtra Cem 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.