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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 2024-08-16 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 223389

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	121.81	122.00	124.44	120.25	0.529 times
14 Wed Aug 2024	121.08	122.50	124.28	120.38	0.737 times
13 Tue Aug 2024	123.47	127.85	128.83	122.34	1.087 times
12 Mon Aug 2024	125.97	124.02	126.85	121.66	1.672 times
09 Fri Aug 2024	130.08	128.29	132.43	128.00	0.514 times
08 Thu Aug 2024	126.92	130.49	130.49	125.80	0.67 times
07 Wed Aug 2024	130.76	129.00	132.79	127.70	0.672 times
06 Tue Aug 2024	127.22	129.72	134.14	127.00	0.78 times
05 Mon Aug 2024	129.72	130.89	132.09	125.79	1.478 times
02 Fri Aug 2024	131.39	133.83	133.99	127.83	0.829 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.2, but if it comes above 124.2, then a intra day buy could be more profitable.
If you take a sell trade below 124.2, then use 124.2 as stoploss and 116.3 as target. However if you take a buy trade in stock , then use 124.2 as stoploss and 130.75 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	120.25
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	118.43
Downside Intraday Target	115.05
Upside Intraday Target	127.01
Upside Intraday Target	132.21
Upside Intraday Target	123.63

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	121.81	124.02	128.83	120.25	0.978 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
16 Fri Aug 2024	121.81	144.40	144.40	120.25	0.358 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 losing 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 moving up

CCI has generated a buy signal for Saurashtra Cem in short term but BUY signal is weak.

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

Stock of Saurashtra Cem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 126.91 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.