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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 2024-08-08 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 336340

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	126.92	130.49	130.49	125.80	0.445 times
07 Wed Aug 2024	130.76	129.00	132.79	127.70	0.446 times
06 Tue Aug 2024	127.22	129.72	134.14	127.00	0.518 times
05 Mon Aug 2024	129.72	130.89	132.09	125.79	0.981 times
02 Fri Aug 2024	131.39	133.83	133.99	127.83	0.551 times
01 Thu Aug 2024	133.83	144.40	144.40	133.20	1.037 times
31 Wed Jul 2024	142.29	141.35	144.31	138.96	0.824 times
30 Tue Jul 2024	139.97	139.57	144.00	137.10	0.595 times
29 Mon Jul 2024	139.57	145.00	146.00	135.70	1.108 times
26 Fri Jul 2024	141.16	141.65	143.00	137.19	0.982 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 127.5, but if it comes above 127.5, then a intra day buy could be more profitable.
If you take a sell trade below 127.5, then use 127.5 as stoploss and 121.1 as target. However if you take a buy trade in stock , then use 127.5 as stoploss and 132.86 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	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	123.76
Downside Intraday Target	120.6
Upside Intraday Target	132.11
Upside Intraday Target	137.3
Upside Intraday Target	128.95

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	126.92	130.89	134.14	125.79	0.581 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
08 Thu Aug 2024	126.92	144.40	144.40	125.79	0.204 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 coming down

CCI has generated a SELL signal for Saurashtra Cem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 135.29 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.