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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 2024-10-11 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 121410

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	111.26	111.80	112.16	110.11	0.368 times
10 Thu Oct 2024	110.43	112.26	113.04	108.61	0.565 times
09 Wed Oct 2024	112.00	112.50	114.34	109.02	0.893 times
08 Tue Oct 2024	112.04	112.05	114.08	108.13	0.834 times
07 Mon Oct 2024	109.92	117.20	117.99	104.22	1.287 times
04 Fri Oct 2024	115.47	118.10	119.01	115.05	1.277 times
03 Thu Oct 2024	118.17	124.05	124.05	115.23	1.328 times
01 Tue Oct 2024	123.19	124.06	124.79	122.00	0.564 times
30 Mon Sep 2024	124.06	123.90	124.85	122.21	0.599 times
27 Fri Sep 2024	124.24	127.30	129.38	123.26	1.16 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.5, but if it comes above 114.5, then a intra day buy could be more profitable.
If you take a sell trade below 114.5, then use 114.5 as stoploss and 106.3 as target. However if you take a buy trade in stock , then use 114.5 as stoploss and 121.3 as target.

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	95.70
Downside Target	104.22
Upside Target	115.05
Upside Target	117.99
Upside Target	123.24
Upside 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	104.32
Downside Intraday Target	97.39
Upside Intraday Target	118.09
Upside Intraday Target	124.93
Downside Intraday Target	111.16

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	111.26	117.20	117.99	104.22	1.048 times
04 Fri Oct 2024	115.47	123.90	124.85	115.05	0.593 times
27 Fri Sep 2024	124.24	125.90	130.00	123.24	0.745 times
20 Fri Sep 2024	123.38	128.33	132.80	120.00	1.136 times
13 Fri Sep 2024	128.75	124.00	131.90	120.59	1.033 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
11 Fri Oct 2024	111.26	124.06	124.79	104.22	0.235 times
30 Mon Sep 2024	124.06	122.60	132.80	118.20	1.079 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Strong and stock is losing 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 moving up

CCI has generated a buy signal for Saurashtra Cem in short term but BUY 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 116.12 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.