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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 2024-07-29 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 314950

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	139.57	145.00	146.00	135.70	1.184 times
26 Fri Jul 2024	141.16	141.65	143.00	137.19	1.048 times
25 Thu Jul 2024	138.95	135.98	144.00	134.90	3.159 times
24 Wed Jul 2024	134.99	123.45	137.20	123.45	1.477 times
23 Tue Jul 2024	124.69	127.70	128.05	120.60	0.59 times
22 Mon Jul 2024	125.81	125.27	127.00	123.22	0.337 times
19 Fri Jul 2024	125.27	131.40	132.75	124.22	0.701 times
18 Thu Jul 2024	130.10	133.95	133.95	130.00	0.479 times
16 Tue Jul 2024	132.61	133.92	138.00	131.71	1.035 times
15 Mon Jul 2024	133.92	132.95	137.25	131.30	0.702 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 138.4, but if it comes below 138.4, then a intra day sell could be more profitable.
If you take a sell trade below 138.4, then use 138.4 as stoploss and 133.96 as target. However if you take a buy trade in stock , then use 138.4 as stoploss and 143.7 as target.

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	102.10
Downside Target	110.10
Downside Target	120.60
Downside Target	123.20
Downside Target	128.70
Downside Target	135.70
Downside Target	138.99
Upside Target	144.00
Upside Target	144.80
Upside Target	146.00
Upside Target	148.86

Intraday share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Intraday Target	134.85
Downside Intraday Target	130.12
Upside Intraday Target	145.15
Upside Intraday Target	150.72
Upside Intraday Target	140.42

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	139.57	145.00	146.00	135.70	0.179 times
26 Fri Jul 2024	141.16	125.27	144.00	120.60	2.266 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

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
29 Mon Jul 2024	139.57	134.90	146.00	120.60	0.408 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 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 Saurashtra Cem ( (SAURASHCEM) ) 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Saurashtra Cem in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Saurashtra Cem 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 coming down

CCI has generated a SELL signal for Saurashtra Cem in short term but SELL 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 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 135.26 and Saurashtra Cem (SAURASHCEM) 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 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 negative.

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