Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(DCMSHRIRAM) Dcm Shriram complete technical analysis [charts+indicators] | Buy/Sell Dcm Shriram | (DCMSHRIRAM) share price targets

Complete technical analysis of Dcm Shriram (DCMSHRIRAM) by charts plus indicators, forecast predictions and share price targets for Dcm Shriram (DCMSHRIRAM)

Dcm Shriram trades in NSE in Diversified sector.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Dcm Shriram is 41584

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	987.00	985.00	993.00	978.00	1.125 times
29 Wed May 2024	984.00	985.10	988.00	981.00	0.568 times
28 Tue May 2024	981.85	998.00	999.00	976.00	0.956 times
27 Mon May 2024	992.60	985.10	1003.05	985.00	2.583 times
24 Fri May 2024	985.30	993.00	993.00	974.20	1.019 times
23 Thu May 2024	989.80	997.50	1002.95	985.00	0.389 times
22 Wed May 2024	996.10	1004.75	1008.10	990.75	1.12 times
21 Tue May 2024	1006.95	1002.85	1015.90	983.10	1.36 times
18 Sat May 2024	1002.85	997.35	1010.00	996.00	0.15 times
17 Fri May 2024	997.35	991.00	1004.95	986.15	0.64 times

My analysis of stock is bearish for shortterm, and stock might move down till 977.2 or till 963. Use a stoploss of 989.06 and if the stock hits stoploss, then it can shoot up till 1000.91

Share price targets for Dcm Shriram (DCMSHRIRAM)

Target Type	Value
Downside Target	832.40
Downside Target	855.10
Downside Target	938.20
Upside Target	990.00
Upside Target	1003.05
Upside Target	1010.00
Upside Target	1015.90
Upside Target	1029.95
Upside Target	1042.05
Upside Target	1175.00

Intraday share price targets for Dcm Shriram (DCMSHRIRAM)

Target Type	Value
Downside Intraday Target	974.32
Downside Intraday Target	961.63
Upside Intraday Target	1001.37
Upside Intraday Target	1015.73
Upside Intraday Target	988.68

Weekly technical analysis of Dcm Shriram (DCMSHRIRAM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	987.00	985.10	1003.05	976.00	1.345 times
24 Fri May 2024	985.30	1002.85	1015.90	974.20	0.777 times
18 Sat May 2024	1002.85	980.20	1010.00	970.10	0.146 times
10 Fri May 2024	975.30	986.65	1029.95	938.20	6.858 times
03 Fri May 2024	966.40	957.05	982.00	947.05	0.484 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 Dcm Shriram (DCMSHRIRAM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	987.00	966.00	1029.95	938.20	1.715 times
30 Tue Apr 2024	965.90	855.10	990.00	855.10	0.9 times
28 Thu Mar 2024	854.25	960.70	985.00	832.40	1.444 times
29 Thu Feb 2024	954.10	1042.00	1042.05	945.55	0.298 times

Scroll below to view daily charts

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

Indicators analysis of Dcm Shriram (DCMSHRIRAM)

Price action analysis of Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram ( (DCMSHRIRAM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Dcm Shriram 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dcm Shriram in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Dcm Shriram is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 992.4 and Dcm Shriram (DCMSHRIRAM) 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 Dcm Shriram (DCMSHRIRAM) stock. Volume based technical analysis of Dcm Shriram (DCMSHRIRAM) stock is negative.

Dcm Shriram Stock has given negative 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.