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

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

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

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

10 day averaged volume of Dcm Shriram is 315931

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	226.55	228.00	235.15	218.00	3.216 times
24 Fri May 2024	227.80	229.75	231.70	223.55	0.989 times
23 Thu May 2024	229.20	229.00	234.25	224.50	1.114 times
22 Wed May 2024	229.75	228.45	232.95	224.30	1.807 times
21 Tue May 2024	224.00	220.00	228.70	215.00	1.79 times
18 Sat May 2024	219.70	219.25	224.00	210.80	0.605 times
17 Fri May 2024	215.35	204.40	218.00	203.95	1.951 times
16 Thu May 2024	203.00	202.60	208.30	201.50	0.578 times
15 Wed May 2024	201.15	200.00	204.45	199.75	0.43 times
14 Tue May 2024	199.25	196.75	200.70	195.45	0.471 times

Stock of Dcm Shriram (DCMSRIND) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 221.5, but if it comes below 221.5, then a intra day sell could be more profitable.
If you take a sell trade below 221.5, then use 221.5 as stoploss and 209.31 as target. However if you take a buy trade in stock , then use 221.5 as stoploss and 236.2 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	150.10
Downside Target	158.00
Downside Target	182.65
Downside Target	190.25
Downside Target	210.05
Downside Target	215.00
Downside Target	218.00
Downside Target	224.00
Upside Target	228.00
Upside Target	234.25
Upside Target	235.15

Intraday share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Intraday Target	217.98
Downside Intraday Target	209.42
Upside Intraday Target	235.13
Upside Intraday Target	243.72
Upside Intraday Target	226.57

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	226.55	228.00	235.15	218.00	0.564 times
24 Fri May 2024	227.80	220.00	234.25	215.00	1.326 times
18 Sat May 2024	219.70	198.20	224.00	190.25	1.606 times
10 Fri May 2024	195.25	208.00	210.05	192.70	0.392 times
03 Fri May 2024	205.80	197.95	213.95	195.00	2.135 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 Dcm Shriram (DCMSRIND)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Mon May 2024	226.55	207.45	235.15	190.25	0.942 times
30 Tue Apr 2024	206.55	186.40	211.90	183.40	1.203 times
28 Thu Mar 2024	183.20	194.95	197.65	158.00	0.529 times
29 Thu Feb 2024	193.30	186.40	228.00	182.65	0.943 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 Dcm Shriram (DCMSRIND)

Price action analysis of Dcm Shriram ( (DCMSRIND) ) 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 ( (DCMSRIND) ) 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 Dcm Shriram ( (DCMSRIND) ) 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 Dcm Shriram ( (DCMSRIND) ) 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Dcm Shriram 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.

Dcm Shriram 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 green color and prices are above the green cloud Prices appear to be coming down

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

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 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 222.07 and Dcm Shriram (DCMSRIND) 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 Dcm Shriram (DCMSRIND) stock. Volume based technical analysis of Dcm Shriram (DCMSRIND) stock is negative.

Dcm Shriram 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.