Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-03 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 108154

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	121.67	124.50	124.50	120.39	1.118 times
02 Mon Sep 2024	122.64	122.60	126.75	121.00	1.469 times
30 Fri Aug 2024	122.57	123.00	124.71	121.95	0.615 times
29 Thu Aug 2024	122.44	123.02	125.79	121.53	0.976 times
28 Wed Aug 2024	124.22	126.15	126.15	123.80	0.953 times
27 Tue Aug 2024	124.30	124.85	127.42	123.80	1.032 times
26 Mon Aug 2024	126.07	126.30	127.79	126.00	0.761 times
23 Fri Aug 2024	127.71	124.40	128.90	124.11	0.997 times
22 Thu Aug 2024	126.30	127.60	128.90	125.12	0.936 times
21 Wed Aug 2024	127.26	128.80	128.90	126.45	0.642 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.5, but if it comes above 122.5, then a intra day buy could be more profitable.
If you take a sell trade below 122.5, then use 122.5 as stoploss and 119.3 as target. However if you take a buy trade in stock , then use 122.5 as stoploss and 125.23 as target.

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	110.10
Downside Target	120.25
Upside Target	125.79
Upside Target	127.79
Upside Target	128.80
Upside Target	128.83
Upside Target	130.00
Upside Target	134.14
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	119.12
Downside Intraday Target	116.58
Upside Intraday Target	125.48
Upside Intraday Target	129.3
Upside Intraday Target	122.94

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	121.67	122.60	126.75	120.39	0.597 times
30 Fri Aug 2024	122.57	126.30	127.79	121.53	0.807 times
23 Fri Aug 2024	127.71	124.00	130.00	122.31	0.646 times
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

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
03 Tue Sep 2024	121.67	122.60	126.75	120.39	0.082 times
30 Fri Aug 2024	122.57	144.40	144.40	120.25	0.518 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Saurashtra Cem ( (SAURASHCEM) ) based on a mid to longer 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.

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 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 SELL signal in short term but selling 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 124.32 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.