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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 2024-08-14 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 234650

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	121.08	122.50	124.28	120.38	0.701 times
13 Tue Aug 2024	123.47	127.85	128.83	122.34	1.035 times
12 Mon Aug 2024	125.97	124.02	126.85	121.66	1.592 times
09 Fri Aug 2024	130.08	128.29	132.43	128.00	0.49 times
08 Thu Aug 2024	126.92	130.49	130.49	125.80	0.638 times
07 Wed Aug 2024	130.76	129.00	132.79	127.70	0.64 times
06 Tue Aug 2024	127.22	129.72	134.14	127.00	0.742 times
05 Mon Aug 2024	129.72	130.89	132.09	125.79	1.407 times
02 Fri Aug 2024	131.39	133.83	133.99	127.83	0.789 times
01 Thu Aug 2024	133.83	144.40	144.40	133.20	1.486 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.9, but if it comes above 124.9, then a intra day buy could be more profitable.
If you take a sell trade below 124.9, then use 124.9 as stoploss and 117.4 as target. However if you take a buy trade in stock , then use 124.9 as stoploss and 131.16 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	120.38
Upside Target	124.22
Upside Target	134.14
Upside Target	138.00
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	118.03
Downside Intraday Target	114.98
Upside Intraday Target	126.48
Upside Intraday Target	131.88
Upside Intraday Target	123.43

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	121.08	124.02	128.83	120.38	0.85 times
09 Fri Aug 2024	130.08	130.89	134.14	125.79	0.664 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

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
14 Wed Aug 2024	121.08	144.40	144.40	120.38	0.34 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 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 and the sell signal is strong.

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 red color and prices are below the red 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 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 128.26 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.