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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 2024-11-12 View latest technical analysis

10 day averaged volume of Saurashtra Cem is 73564

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	112.87	116.00	116.15	112.25	1.146 times
11 Mon Nov 2024	114.02	117.31	118.36	113.10	1.354 times
08 Fri Nov 2024	117.31	120.15	121.19	116.63	0.799 times
07 Thu Nov 2024	119.84	121.20	121.78	118.90	0.598 times
06 Wed Nov 2024	120.86	119.69	123.30	118.83	0.869 times
05 Tue Nov 2024	119.22	119.50	120.30	117.63	0.81 times
04 Mon Nov 2024	119.27	121.84	123.00	117.00	1.127 times
01 Fri Nov 2024	121.99	122.00	125.19	119.96	0.698 times
31 Thu Oct 2024	119.83	120.99	122.00	119.01	0.843 times
30 Wed Oct 2024	119.73	116.30	121.80	116.30	1.618 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 113.7, but if it comes above 113.7, then a intra day buy could be more profitable.
If you take a sell trade below 113.7, then use 113.7 as stoploss and 108.7 as target. However if you take a buy trade in stock , then use 113.7 as stoploss and 117.89 as target.

Share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Target	104.22
Downside Target	107.80
Downside Target	112.25
Upside Target	114.52
Upside Target	123.30
Upside Target	125.19
Upside Target	132.80
Upside Target	135.00
Upside Target	144.40
Upside Target	146.00

Intraday share price targets for Saurashtra Cem (SAURASHCEM)

Target Type	Value
Downside Intraday Target	110.63
Downside Intraday Target	108.38
Upside Intraday Target	116.74
Upside Intraday Target	120.6
Upside Intraday Target	114.49

Weekly technical analysis of Saurashtra Cem (SAURASHCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	112.87	117.31	118.36	112.25	0.595 times
08 Fri Nov 2024	117.31	121.84	123.30	116.63	0.592 times
01 Fri Nov 2024	121.99	117.90	125.19	114.52	0.06 times
25 Fri Oct 2024	117.35	114.25	135.00	107.80	21.059 times
18 Fri Oct 2024	113.91	111.80	117.25	109.25	0.857 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
12 Tue Nov 2024	112.87	122.00	125.19	112.25	0.052 times
31 Thu Oct 2024	119.83	124.06	135.00	104.22	2.831 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

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 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 coming down

CCI has generated a SELL signal for Saurashtra Cem in short term and SELL 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 118.13 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.