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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 2024-09-17 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 169362

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	130.41	126.50	132.80	126.50	2.046 times
16 Mon Sep 2024	126.80	128.33	128.79	126.50	0.351 times
13 Fri Sep 2024	128.75	130.58	131.90	128.21	0.846 times
12 Thu Sep 2024	129.66	126.83	130.99	126.57	1.234 times
11 Wed Sep 2024	126.83	128.39	129.39	125.11	0.783 times
10 Tue Sep 2024	127.05	129.80	129.80	126.49	0.643 times
09 Mon Sep 2024	127.11	124.00	127.50	120.59	1.873 times
06 Fri Sep 2024	123.74	128.84	128.84	123.00	0.597 times
05 Thu Sep 2024	127.66	121.24	128.50	120.70	2.186 times
04 Wed Sep 2024	121.24	120.00	122.37	118.20	0.773 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 131.5, for a target of 128.3 or 125.72

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
Downside Target	128.84
Downside Target	130.00
Upside Target	131.90
Upside Target	132.80
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	127.01
Downside Intraday Target	123.6
Upside Intraday Target	133.31
Upside Intraday Target	136.2
Downside Intraday Target	129.9

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	130.41	128.33	132.80	126.50	0.446 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 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
17 Tue Sep 2024	130.41	122.60	132.80	118.20	0.646 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 Strong and stock is gaining momentum.

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

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 moving up

CCI has generated a buy signal for Saurashtra Cem in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 127.6 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.