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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 2024-08-07 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 367841

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	130.76	129.00	132.79	127.70	0.408 times
06 Tue Aug 2024	127.22	129.72	134.14	127.00	0.473 times
05 Mon Aug 2024	129.72	130.89	132.09	125.79	0.897 times
02 Fri Aug 2024	131.39	133.83	133.99	127.83	0.503 times
01 Thu Aug 2024	133.83	144.40	144.40	133.20	0.948 times
31 Wed Jul 2024	142.29	141.35	144.31	138.96	0.754 times
30 Tue Jul 2024	139.97	139.57	144.00	137.10	0.544 times
29 Mon Jul 2024	139.57	145.00	146.00	135.70	1.014 times
26 Fri Jul 2024	141.16	141.65	143.00	137.19	0.898 times
25 Thu Jul 2024	138.95	135.98	144.00	134.90	2.705 times

My analysis of stock is bearish for shortterm, and stock might move down till 128.1 or till 121.9. Use a stoploss of 133.21 and if the stock hits stoploss, then it can shoot up till 138.36

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	124.22
Upside Target	134.14
Upside Target	138.00
Upside Target	138.99
Upside Target	144.00
Upside Target	144.40
Upside Target	146.00
Upside Target	148.86

Intraday share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Intraday Target	126.32
Downside Intraday Target	121.88
Upside Intraday Target	134.67
Upside Intraday Target	138.58
Downside Intraday Target	130.23

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	130.76	130.89	134.14	125.79	0.473 times
02 Fri Aug 2024	131.39	145.00	146.00	127.83	0.665 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

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
07 Wed Aug 2024	130.76	144.40	144.40	125.79	0.181 times
31 Wed Jul 2024	142.29	134.90	146.00	120.60	0.44 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 buy signal for Saurashtra Cem 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 136.75 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 negative.

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