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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 2024-09-16 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 179305

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	126.80	128.33	128.79	126.50	0.332 times
13 Fri Sep 2024	128.75	130.58	131.90	128.21	0.799 times
12 Thu Sep 2024	129.66	126.83	130.99	126.57	1.166 times
11 Wed Sep 2024	126.83	128.39	129.39	125.11	0.739 times
10 Tue Sep 2024	127.05	129.80	129.80	126.49	0.607 times
09 Mon Sep 2024	127.11	124.00	127.50	120.59	1.769 times
06 Fri Sep 2024	123.74	128.84	128.84	123.00	0.564 times
05 Thu Sep 2024	127.66	121.24	128.50	120.70	2.065 times
04 Wed Sep 2024	121.24	120.00	122.37	118.20	0.73 times
03 Tue Sep 2024	121.67	124.50	124.50	120.39	0.675 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 128 as stoploss in an intra day sell trade for a target of 125.56. However, stock will show a bullish move above 128.

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	110.10
Downside Target	118.20
Downside Target	126.50
Upside Target	128.80
Upside Target	128.84
Upside Target	130.00
Upside Target	131.90
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	125.94
Downside Intraday Target	125.07
Upside Intraday Target	128.23
Upside Intraday Target	129.65
Upside Intraday Target	127.36

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	126.80	128.33	128.79	126.50	0.065 times
13 Fri Sep 2024	128.75	124.00	131.90	120.59	1.033 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

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 Mon Sep 2024	126.80	122.60	131.90	118.20	0.545 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 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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 126.6 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.