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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 2024-09-09 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 135111

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	127.11	124.00	127.50	120.59	2.347 times
06 Fri Sep 2024	123.74	128.84	128.84	123.00	0.748 times
05 Thu Sep 2024	127.66	121.24	128.50	120.70	2.741 times
04 Wed Sep 2024	121.24	120.00	122.37	118.20	0.968 times
03 Tue Sep 2024	121.67	124.50	124.50	120.39	0.895 times
02 Mon Sep 2024	122.64	122.60	126.75	121.00	1.176 times
30 Fri Aug 2024	122.57	123.00	124.71	121.95	0.492 times
29 Thu Aug 2024	122.44	123.02	125.79	121.53	0.782 times
28 Wed Aug 2024	124.22	126.15	126.15	123.80	0.762 times
27 Tue Aug 2024	124.30	124.85	127.42	123.80	0.826 times

Stock of Saurashtra Cem (SAURASHCEM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 126.7, but if it comes below 126.7, then a intra day sell could be more profitable.
If you take a sell trade below 126.7, then use 126.7 as stoploss and 124.47 as target. However if you take a buy trade in stock , then use 126.7 as stoploss and 129.4 as target.

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	110.10
Downside Target	118.20
Upside Target	127.50
Upside Target	128.80
Upside Target	128.83
Upside Target	128.84
Upside Target	130.00
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	122.63
Downside Intraday Target	118.16
Upside Intraday Target	129.54
Upside Intraday Target	131.98
Downside Intraday Target	125.07

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	127.11	124.00	127.50	120.59	0.36 times
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

Price has moved up 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
09 Mon Sep 2024	127.11	122.60	128.84	118.20	0.353 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 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.

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 SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 and the buying is gaining 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 124.79 and Saurashtra Cem (SAURASHCEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.