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(STARCEMENT) Star Cement complete technical analysis [charts+indicators] | Buy/Sell Star Cement | (STARCEMENT) share price targets

Complete technical analysis of Star Cement (STARCEMENT) by charts plus indicators, forecast predictions and share price targets for Star Cement (STARCEMENT)

Showing technical analysis as on 2024-05-27 View latest technical analysis

10 day averaged volume of Star Cement is 1803737

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	215.35	220.00	222.90	213.75	0.537 times
24 Fri May 2024	216.50	221.85	223.60	214.50	0.911 times
23 Thu May 2024	220.10	234.00	242.40	218.35	2.106 times
22 Wed May 2024	235.95	245.00	256.00	232.30	4.26 times
21 Tue May 2024	244.75	230.00	246.80	225.00	1.901 times
18 Sat May 2024	225.55	221.00	227.00	217.00	0.042 times
17 Fri May 2024	219.80	217.15	220.90	216.10	0.106 times
16 Thu May 2024	216.10	220.95	221.90	215.20	0.162 times
15 Wed May 2024	218.75	219.00	222.00	217.15	0.124 times
14 Tue May 2024	217.00	219.00	219.95	216.00	0.111 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 216.7, but if it comes above 216.7, then a intra day buy could be more profitable.
If you take a sell trade below 216.7, then use 216.7 as stoploss and 206 as target. However if you take a buy trade in stock , then use 216.7 as stoploss and 225.66 as target.

Share price targets for Star Cement (STARCEMENT)

Target Type	Value
Downside Target	169.55
Downside Target	181.00
Downside Target	190.00
Downside Target	213.05
Upside Target	219.50
Upside Target	227.00
Upside Target	238.95
Upside Target	240.75
Upside Target	240.85
Upside Target	241.70
Upside Target	256.00

Intraday share price targets for Star Cement (STARCEMENT)

Target Type	Value
Downside Intraday Target	211.77
Downside Intraday Target	208.18
Upside Intraday Target	220.92
Upside Intraday Target	226.48
Upside Intraday Target	217.33

Weekly technical analysis of Star Cement (STARCEMENT)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	215.35	220.00	222.90	213.75	0.058 times
24 Fri May 2024	216.50	230.00	256.00	214.50	11.16 times
18 Sat May 2024	225.55	219.00	227.00	215.20	0.851 times
10 Fri May 2024	219.00	236.95	238.95	213.05	0.291 times
03 Fri May 2024	236.40	228.50	240.85	226.00	3.866 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 Star Cement (STARCEMENT)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	215.35	239.65	256.00	213.05	1.909 times
30 Tue Apr 2024	237.20	227.50	240.75	214.10	0.895 times
28 Thu Mar 2024	227.55	208.90	241.70	181.00	0.508 times
29 Thu Feb 2024	207.00	187.80	219.50	184.50	1.815 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Star Cement (STARCEMENT)

Price action analysis of Star Cement ( (STARCEMENT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Star Cement ( (STARCEMENT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Star Cement ( (STARCEMENT) ) 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 Star Cement ( (STARCEMENT) ) based on a mid to longer 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.

ADX buy sell signal for Star Cement stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Star Cement in short term but the sell signal is initial and weak.

Star Cement 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Star Cement 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 Star Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 230.59 and Star Cement (STARCEMENT) 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 Star Cement (STARCEMENT) stock. Volume based technical analysis of Star Cement (STARCEMENT) stock is negative.

Star Cement 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.