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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 2024-07-22 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 204463

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	125.81	125.27	127.00	123.22	0.519 times
19 Fri Jul 2024	125.27	131.40	132.75	124.22	1.08 times
18 Thu Jul 2024	130.10	133.95	133.95	130.00	0.737 times
16 Tue Jul 2024	132.61	133.92	138.00	131.71	1.594 times
15 Mon Jul 2024	133.92	132.95	137.25	131.30	1.081 times
12 Fri Jul 2024	132.94	135.02	135.99	132.50	0.728 times
11 Thu Jul 2024	135.02	133.32	135.99	132.52	0.787 times
10 Wed Jul 2024	133.95	135.00	138.79	128.70	0.977 times
09 Tue Jul 2024	135.96	134.00	137.40	132.25	1.375 times
08 Mon Jul 2024	133.72	135.39	138.99	133.20	0.86 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 126.2, for a target of 130 or 133.19

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	102.10
Downside Target	110.10
Downside Target	123.20
Upside Target	130.60
Upside Target	132.53
Upside Target	138.00
Upside Target	138.99
Upside Target	141.37
Upside Target	144.80
Upside Target	148.86

Intraday share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Intraday Target	123.69
Downside Intraday Target	121.56
Upside Intraday Target	127.47
Upside Intraday Target	129.12
Downside Intraday Target	125.34

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	125.81	125.27	127.00	123.22	0.115 times
19 Fri Jul 2024	125.27	132.95	138.00	124.22	0.95 times
12 Fri Jul 2024	132.94	135.39	138.99	128.70	0.554 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

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 Saurashtra Cem (SAURASHCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	125.81	134.90	144.80	123.22	0.251 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Saurashtra Cem 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 Saurashtra Cem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 132.31 and Saurashtra Cem (SAURASHCEM) 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 Saurashtra Cem (SAURASHCEM) stock. Volume based technical analysis of Saurashtra Cem (SAURASHCEM) stock is negative.

Saurashtra Cem 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.