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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 2024-09-06 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 135793

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	123.74	128.84	128.84	123.00	0.744 times
05 Thu Sep 2024	127.66	121.24	128.50	120.70	2.727 times
04 Wed Sep 2024	121.24	120.00	122.37	118.20	0.963 times
03 Tue Sep 2024	121.67	124.50	124.50	120.39	0.891 times
02 Mon Sep 2024	122.64	122.60	126.75	121.00	1.17 times
30 Fri Aug 2024	122.57	123.00	124.71	121.95	0.49 times
29 Thu Aug 2024	122.44	123.02	125.79	121.53	0.778 times
28 Wed Aug 2024	124.22	126.15	126.15	123.80	0.759 times
27 Tue Aug 2024	124.30	124.85	127.42	123.80	0.822 times
26 Mon Aug 2024	126.07	126.30	127.79	126.00	0.606 times

My analysis of stock is bearish for shortterm, and stock might move down till 122.1 or till 119.1. Use a stoploss of 124.61 and if the stock hits stoploss, then it can shoot up till 127.1

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	110.10
Downside Target	118.20
Upside Target	125.79
Upside Target	128.83
Upside Target	128.84
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	118.35
Downside Intraday Target	112.95
Upside Intraday Target	128.99
Upside Intraday Target	134.23
Downside Intraday Target	123.59

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	123.74	122.60	128.84	118.20	1.881 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	123.74	122.60	128.84	118.20	0.259 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 up 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Saurashtra Cem in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Saurashtra Cem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.

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